https://www.dimepoet.com/blog daily 0.75 2025-06-09 https://www.dimepoet.com/blog/priceelasticityofdemand monthly 0.5 2025-06-09 https://images.squarespace-cdn.com/content/v1/67e7b59d72c3d90f20ee3770/024f2a31-3427-4eb6-bc28-87c5f79d7d25/Unbenannt.PNG Blog - Qd ÷ ΔP - Price elasticity of demand (PED) is calculated as: % change in quantity demanded divided by the % change in price https://images.squarespace-cdn.com/content/v1/67e7b59d72c3d90f20ee3770/eadff280-ef55-4ad3-87a2-b16da9e55e1f/Unbenannt.PNG Blog - Qd ÷ ΔP - Example: Hotel Prices (Elastic Demand – PED > 1) A Hotel raises prices by 10% for the weekend compared to the last weekend. Demand drops by 20% compared to the last weekend, because guests have switched to the competitor. Conclusion: Raising prices could hurt revenues, however may increase profitability. https://images.squarespace-cdn.com/content/v1/67e7b59d72c3d90f20ee3770/c7318505-2072-43de-9570-998d8741ba17/Unbenannt.PNG Blog - Qd ÷ ΔP - Example: Luxury Handbags (Inelastic Demand – PED < 1) A high-end brand (e.g., Louis Vuitton) raises prices by 10%. Demand drops only by 2%, because the value of the product is still high and the sensitivity of the consumers are low. Conclusion: Raising prices does not significantly impact volumes, increasing revenues and profits. https://www.dimepoet.com/blog/tag/dimepoet monthly 0.5 https://www.dimepoet.com/blog/tag/demand monthly 0.5 https://www.dimepoet.com/blog/tag/pricing monthly 0.5 https://www.dimepoet.com/home daily 1.0 2026-04-29 https://www.dimepoet.com/about daily 0.75 2026-04-29 https://images.squarespace-cdn.com/content/v1/67e7b59d72c3d90f20ee3770/f2e5497c-f37b-42b3-900f-a5f3bb562397/_DSC6738-Bearbeitet-2.jpg https://www.dimepoet.com/onlinceeducation daily 0.75 2026-04-29 https://images.squarespace-cdn.com/content/v1/67e7b59d72c3d90f20ee3770/f5b76dfc-6a1e-4f6e-823c-175048ef81ba/00_Introduction.png https://www.dimepoet.com/contact-8 daily 0.75 2026-04-29 https://images.squarespace-cdn.com/content/v1/67e7b59d72c3d90f20ee3770/1740593151.412361-BLPXGMOMTPQFCQRQDTTL/imgg-gi3-twbbquoy.png https://www.dimepoet.com/store daily 0.75 57942-09-16 https://www.dimepoet.com/store/p/certifiedhospitalityprofessional monthly 0.5 2026-04-29 https://images.squarespace-cdn.com/content/v1/67e7b59d72c3d90f20ee3770/c4544676-c441-4ee0-aa6a-9a300f775d56/Screenshot+2025-12-21+114412.png Store - Certified Hospitality Revenue Professional - Screenshot 2025-12-21 114412.png