how do hotels change prices as time approaches the booking d

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How do hotels change prices as time How do hotels change prices as time approaches the booking date? approaches the booking date? When you do When you do hotels booking Singapore online, online, you might check out the rates you might check out the rates offered by various travel offered by various travel portals before making a portals before making a selection. You must have noticed selection. You must have noticed the difference in rates at the the difference in rates at the same hotels on different dates. same hotels on different dates. When you place reservations in When you place reservations in advance, you will be able to advance, you will be able to enjoy the best rates. However enjoy the best rates. However when you try for a reservation when you try for a reservation on short notice, that is within on short notice, that is within a very short time period, you a very short time period, you will have to pay higher tariffs. will have to pay higher tariffs. There are different reasons for There are different reasons for the change in rates depending on the change in rates depending on the number of days towards the the number of days towards the booking. booking.

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When you do hotels booking Singapore online, you might check out the rates offered by various travel portals before making a selection. You must have noticed the difference in rates at the same hotels on different dates. When you place reservations in advance, you will be able to enjoy the best rates. However when you try for a reservation on short notice, that is within a very short time period, you will have to pay higher tariffs. There are different reasons for the change in rates depending on the number of days towards the booking. - PowerPoint PPT Presentation

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Page 1: How do hotels change prices as time approaches the booking d

How do hotels change prices as time How do hotels change prices as time approaches the booking date?approaches the booking date?

When you do When you do hotels booking Singapore online, you online, you might check out the rates offered by might check out the rates offered by various travel portals before making a various travel portals before making a selection. You must have noticed the selection. You must have noticed the difference in rates at the same hotels on difference in rates at the same hotels on different dates. When you place different dates. When you place reservations in advance, you will be reservations in advance, you will be able to enjoy the best rates. However able to enjoy the best rates. However when you try for a reservation on short when you try for a reservation on short notice, that is within a very short time notice, that is within a very short time period, you will have to pay higher period, you will have to pay higher tariffs. There are different reasons for tariffs. There are different reasons for the change in rates depending on the the change in rates depending on the number of days towards the booking. number of days towards the booking.

Page 2: How do hotels change prices as time approaches the booking d

When you make a reservation in advance, the hotel will be able When you make a reservation in advance, the hotel will be able to make sure that the rooms you book would be occupied on to make sure that the rooms you book would be occupied on the mentioned dates for sure. Until another person approaches the mentioned dates for sure. Until another person approaches the hotel authorities asking for a room, it will remain the hotel authorities asking for a room, it will remain unoccupied. During weekends, the occupancy rates at unoccupied. During weekends, the occupancy rates at Singapore hotels are higher compared to the other days. This is are higher compared to the other days. This is because plenty of travelers from neighboring countries visit because plenty of travelers from neighboring countries visit Singapore to enjoy during the weekends. This will take the Singapore to enjoy during the weekends. This will take the rates up during the weekends. Hence, it would be ideal to book rates up during the weekends. Hence, it would be ideal to book your rooms in Singapore in advance if you are planning to your rooms in Singapore in advance if you are planning to travel to the country during weekends. travel to the country during weekends.

Page 3: How do hotels change prices as time approaches the booking d

During the festival days, the country is During the festival days, the country is visited by plenty of people. This again visited by plenty of people. This again will cause the rates to go up. If you will cause the rates to go up. If you want to stay in the want to stay in the best hotels best hotels SingaporeSingapore during the festive seasons during the festive seasons and special days, you should place and special days, you should place your reservations well in advance. your reservations well in advance. Majority of the hotels would be fully Majority of the hotels would be fully occupied and you will not be able to occupied and you will not be able to enjoy the best facilities if you try for a enjoy the best facilities if you try for a last minute reservation. You will have last minute reservation. You will have to settle for a room with poor facilities to settle for a room with poor facilities at a high tariff if you fail to make at a high tariff if you fail to make reservations in advance. reservations in advance.

Page 4: How do hotels change prices as time approaches the booking d

When international events take place at the prominent When international events take place at the prominent venues in the country, quite a lot of tourists from venues in the country, quite a lot of tourists from different parts of the globe visit Singapore. This again different parts of the globe visit Singapore. This again will cause the hotel tariffs to go up. Since the country is will cause the hotel tariffs to go up. Since the country is one of the best business hubs in Asia, plenty of one of the best business hubs in Asia, plenty of international events take place in the country often. If international events take place in the country often. If you are planning to visit Singapore, it is always better to you are planning to visit Singapore, it is always better to place your hotel reservations in advance. This will be the place your hotel reservations in advance. This will be the best thing to do if you want to enjoy topnotch facilities at best thing to do if you want to enjoy topnotch facilities at affordable rates. affordable rates.