Room for Improvement? New Hotelier Tests an Algorithmic Pricing System

Life House aims to set and shift rates based on customer preferences and spending habits; the value of an Instagram influencer

Not all hotel guests are created equal. A new boutique lodging company wants to capitalize on that.

While hotel operators typically organize their pricing around room inventory, the new hotelier, Life House, is experimenting with a pricing system that uses an algorithm to set a different room rate and tailor promotions for each guest based on a variety of personal information.

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