Your profits are determined by a variety of factors, one of the most important of which is your markup rates. To increase your markup revenue, you must have a consistent markup policy.
A smart mark-up policy allows you to manage your margins while also providing smart pricing to your travel agents and customers.
The Advantages of Mark Up Pricing
Manage your profits by establishing a rack rate and adding a markup to it. Your markup price is an additional amount added to your price that will allow you to profit more from the transaction
Competitive pricing: A good markup strategy allows you to sell your inventory at a competitive price, which helps you increase your sales.
Check out complete details here on how smart mark-up strategies can boost your profits