Best pricing strategy for Hospitality and Tourism if they are planning to re-open

after pandemic

As Coronavirus (COVID-19) continues to have a global effect on tourism industry, it is

vital to track market updates and patterns that will eventually shape the recovery
strategies as hotels begin preparing for the initial revival in demand for travel. Although
individuals are not traveling and many hotels are closed, hotels should remain linked
with past and potential clients via media, emails and textual policy that entertains and
adds value to retain a good brand connection. Marketing campaigns focused on brand
recognition and fueling potential visitors with reasonable packages into the booking
funnel should be ramped up by the industry to make people starting to daydream about
rebooking and organizing vacations. They must assure a flexible policy of cancellation
and sensitive messaging that is important to the situation. Although hotels are starting to
adapt for the initial turnaround in travel demand, it is important to note how travel
demand has risen in markets that were first affected by the pandemic. During the
outbreak, many customers canceled their trips, but they did not lose their willingness to
travel again. By engaging visitors who have canceled vacations, hotels have a chance
to catch prospective bookings. After subsidies from COVID-19, individuals should still
suggest new destinations and open the door for hotels to attract new clients.