Hotel room pricing is driven by a sophisticated mix of yield management, physical attributes, and market demand. Within the same building, a "Standard" room is cheaper than a "Suite" due to square footage, the quality of furnishings, and the presence of separate living areas. However, "View" is often the biggest price differentiator; a room facing the ocean or a famous landmark (like the Eiffel Tower) will command a premium over a "City View" or "Courtyard" room. Floor level also matters, with higher floors typically being more expensive due to reduced street noise and better vistas. Seasonality and "events" create massive price swings; a room that costs $150 on a Tuesday in November might cost $800 during a city-wide convention or a holiday weekend. In 2026, hotels also use AI-driven dynamic pricing that adjusts rates in real-time based on how many people are currently searching for rooms on their website, similar to how airlines manage their seat inventory to maximize "RevPAR" (Revenue Per Available Room).