Yield Management: prices cheaper last minute?
Jul 16, 2004, 11:33 am
#1
Original Poster
Join Date: Oct 2000
Location: South Dakota
Posts: 447
Yield Management: prices cheaper last minute?
Hi All ... just curious ... is yield management for hotels the same as for many other entitities with variable pricing? Here's why I ask:
Staying in San Antonio for two nights next week. Two properties full, one (La Canterra) has availability. No government rate available though, as very few rooms other than club level available (btw.... I've ALWAYS stayed on their awesome club floor as a *wood Plat). Even their government rate is higher than allowable per diem in SA, but it's SUCH a sweet hotel (especially on the club floor) that it's worth the out-of-pocket expense.
So ... do rates get adjusted at last minute? I guess I'd think that SOME income better than NONE. Obviously I'll keep trying, otherwise I guess it's the Hilton or Marriott for me
Let me add... no matter WHAT, I'm staying a loyal *wood customer.... to (poorly) paraphrase an OLD Saturday Night Live bit: "Starwood been berry berry good to me!
Staying in San Antonio for two nights next week. Two properties full, one (La Canterra) has availability. No government rate available though, as very few rooms other than club level available (btw.... I've ALWAYS stayed on their awesome club floor as a *wood Plat). Even their government rate is higher than allowable per diem in SA, but it's SUCH a sweet hotel (especially on the club floor) that it's worth the out-of-pocket expense.
So ... do rates get adjusted at last minute? I guess I'd think that SOME income better than NONE. Obviously I'll keep trying, otherwise I guess it's the Hilton or Marriott for me
Let me add... no matter WHAT, I'm staying a loyal *wood customer.... to (poorly) paraphrase an OLD Saturday Night Live bit: "Starwood been berry berry good to me!
Last edited by pmv; Jul 16, 2004 at 11:35 am Reason: additional thought
Jul 16, 2004, 11:51 am
#2
Company Representative - Starwood
Join Date: Nov 2000
Location: Austin, Texas
Programs: Marriott Employee Level
Posts: 31,593
Originally Posted by pmv
Hi All ... just curious ... is yield management for hotels the same as for many other entitities with variable pricing? Here's why I ask:
Staying in San Antonio for two nights next week. Two properties full, one (La Canterra) has availability. No government rate available though, as very few rooms other than club level available (btw.... I've ALWAYS stayed on their awesome club floor as a *wood Plat). Even their government rate is higher than allowable per diem in SA, but it's SUCH a sweet hotel (especially on the club floor) that it's worth the out-of-pocket expense.
So ... do rates get adjusted at last minute? I guess I'd think that SOME income better than NONE. Obviously I'll keep trying, otherwise I guess it's the Hilton or Marriott for me
Let me add... no matter WHAT, I'm staying a loyal *wood customer.... to (poorly) paraphrase an OLD Saturday Night Live bit: "Starwood been berry berry good to me!
Staying in San Antonio for two nights next week. Two properties full, one (La Canterra) has availability. No government rate available though, as very few rooms other than club level available (btw.... I've ALWAYS stayed on their awesome club floor as a *wood Plat). Even their government rate is higher than allowable per diem in SA, but it's SUCH a sweet hotel (especially on the club floor) that it's worth the out-of-pocket expense.
So ... do rates get adjusted at last minute? I guess I'd think that SOME income better than NONE. Obviously I'll keep trying, otherwise I guess it's the Hilton or Marriott for me
Let me add... no matter WHAT, I'm staying a loyal *wood customer.... to (poorly) paraphrase an OLD Saturday Night Live bit: "Starwood been berry berry good to me!
By the way, I'll be at The Westin Riverwalk next Wednesday night.
Sincerely,
William R. Sanders
Customer Service Coordinator
Starwood Preferred Services
[email protected]
Jul 16, 2004, 12:13 pm
#3
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Join Date: Dec 2001
Location: new york, ny, usa
Posts: 13,536
Originally Posted by Starwood Lurker
By the way, I'll be at The Westin Riverwalk next Wednesday night.
Jul 16, 2004, 2:03 pm
#4
Company Representative - Starwood
Join Date: Nov 2000
Location: Austin, Texas
Programs: Marriott Employee Level
Posts: 31,593
Not anticipating that...
Originally Posted by fly co to see the yanks
will you be signing autographs and posing for pictures with your loyal starwood fans?
Actually, my mom and my youngest brother and his family are staying that night as well. The next day, they're headed to Concan, Texas for a family reunion that I can't make it to. So, the consolation prize for my mom is that I am joining them at The Westin Riverwalk because I haven't seen her in over a year.
Shhhhh! It's a surprise. My mom doesn't know yet.
Sincerely,
William R. Sanders
Customer Service Coordinator
Starwood Preferred Services
[email protected]
Jul 16, 2004, 3:14 pm
#5
Join Date: Jun 2003
Location: YVR
Programs: AC E75, SPG Plat, HH peon-by-choice (ex Gold)
Posts: 8,090
Most *woods I've stayed at have the lowest pricing months ahead. As the prices go up, I don't think I've seen any that drop them last minute. At least, not substantially. I've seen it go down by about $20-30 but that's about it.
Jul 16, 2004, 4:21 pm
#6
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Join Date: Jan 2002
Location: LAX
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Posts: 2,741
I've noticed that sometimes you'll see the addition of lower Internet Rates at the last minute.
(Mr. Sanders - hope you have a terrific time with your family and how cool that you'll be surprising Mom! ^ )
(Mr. Sanders - hope you have a terrific time with your family and how cool that you'll be surprising Mom! ^ )
Jul 16, 2004, 5:59 pm
#7
Join Date: Jan 2001
Location: Boston, MA
Programs: AA Lifetime Platinum (3MM), QF Lifetime Gold, Bonvoy Lifetime Platinum, Ex-Hyatt Diamond
Posts: 7,624
Originally Posted by sk3
I've noticed that sometimes you'll see the addition of lower Internet Rates at the last minute.
(Mr. Sanders - hope you have a terrific time with your family and how cool that you'll be surprising Mom! ^ )
(Mr. Sanders - hope you have a terrific time with your family and how cool that you'll be surprising Mom! ^ )
No for vanity sake, most hotels will have a lowest rate they will go -- even though a computer would advise them to go lower.
Last edited by nologic; Jul 16, 2004 at 6:05 pm
Jul 22, 2004, 2:01 pm
#8
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Location: LAX
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Posts: 2,741
Originally Posted by Starwood Lurker
But, you never know.
Actually, my mom and my youngest brother and his family are staying that night as well. The next day, they're headed to Concan, Texas for a family reunion that I can't make it to. So, the consolation prize for my mom is that I am joining them at The Westin Riverwalk because I haven't seen her in over a year.
Shhhhh! It's a surprise. My mom doesn't know yet.
Sincerely,
William R. Sanders
Customer Service Coordinator
Starwood Preferred Services
[email protected]
Actually, my mom and my youngest brother and his family are staying that night as well. The next day, they're headed to Concan, Texas for a family reunion that I can't make it to. So, the consolation prize for my mom is that I am joining them at The Westin Riverwalk because I haven't seen her in over a year.
Shhhhh! It's a surprise. My mom doesn't know yet.
Sincerely,
William R. Sanders
Customer Service Coordinator
Starwood Preferred Services
[email protected]
I hope you all had a great time.
Jul 22, 2004, 2:05 pm
#9
Join Date: Dec 2002
Location: Denver, CO USA
Programs: UA GS 3Million, Marriott/SPG LIFETIME Platinum - current Titanium, HHonors Diamond
Posts: 633
Same issue in Seattle
Am looking at a stay in Seattle in Late October and rates are already over $200/night [Westin, Sheraton/Towers, W] - can't imagine demand is that high - but I'll grab a room and hold it until rates drop...
Jul 22, 2004, 2:42 pm
#10
Company Representative - Starwood
Join Date: Nov 2000
Location: Austin, Texas
Programs: Marriott Employee Level
Posts: 31,593
Originally Posted by sk3
So... was my Mom surprised? (And you mean she doesn't read FT?!)
I hope you all had a great time.
I hope you all had a great time.
I'm not scheduled to be there until next Wednesday - July 28th. Fortunately, neither are they.
Sincerely,
William R. Sanders
Customer Service Coordinator
Starwood Preferred Services
[email protected]
Jul 22, 2004, 3:43 pm
#11
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Join Date: Jan 2002
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Originally Posted by Starwood Lurker
@:-) I'm pretty embarrassed by this gaff, actually.
I'm not scheduled to be there until next Wednesday - July 28th. Fortunately, neither are they.
I'm not scheduled to be there until next Wednesday - July 28th. Fortunately, neither are they.