Traditional Culture Encyclopedia - Hotel reservation - Who sets the prices for accommodation in hotels?

Who sets the prices for accommodation in hotels?

Hotel prices are usually set by hotel operators based on local market conditions, room equipment, demand and other factors.

According to the relevant provisions of the "Price Law", the hotel accommodation service industry implements market-regulated prices, which are independently formulated by operators in accordance with the law, and the government implements daily supervision. Therefore, hotel accommodation prices can be understood as being evaluated and determined by hoteliers based on specific standards and conditions.

It should be noted that hotel room rates will also change over time. For example, during peak tourist seasons, hotel room rates tend to rise due to increased demand. And during the off-season, hotel room rates may fall due to reduced demand. In addition, there may also be differences in room rates among hotels of different geographical locations, grades and types.

In general, hotel housing prices are comprehensively evaluated and determined by hotel operators based on a series of factors, and are also affected by market demand and government regulation.