Question 10.

2
Reyel plc
The Clarre
• A unique and innovative addition to Reyel's portfolio
• Opened its doors in London on April 1, 20X4
• marking the company's foray into the extended-stay hotel
market.
• While The Clarre may not boast a restaurant or bar on its
premises, it compensates by providing guests access to the
vibrant culinary and entertainment scene of its bustling London
neighborhood
 Dynamic Pricing
• Adjusting the room rates based on demand
fluctuation
 Competitive Analysis
• Understand how pricing decision affect
occupancy and revenue
 Cost Structure
• Ensure the price strategy covers the operating
costs andhave a reasonable profit.
 Social Factor
• Consider the income levels
• Consider demographic changes
T h a n k
yo u!