Can Hospitality Pricing Guide Retail Dynamic Pricing?

Last year Kingfisher’s CEO, Ian Cheshire famously said that “retailers could soon be using ‘dynamic pricing’ in the same way that airlines and hotels do.” His argument was that electronic shelf-edge pricing in stores would allow retailers to display to-the-minute prices across stores, something that one of his companies, Castorama already does, and he plans…

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How Disruptive Technologies in Hospitality Will Shape 2013 and Beyond

Over the recent few years consumer behavior has changed dramatically. Easily available information coupled with the continued economic turmoil has made today’s consumers extremely discerning in their choices around travel. Hoteliers in turn, with access to the same data, have to fight harder to win customers’ loyalty.  Just relying on standard approaches to marketing or…

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