As the global hospitality industry grows increasingly fragmented, guests embrace new technology and alter their historic approaches to researching and booking accommodation, and new competitors enter the private rental space; it can seem that for hotel managers today, change is the only constant. For hoteliers looking to maximize their revenues and the performance of their properties in this changing landscape, it is critical that all accommodation segments (and indeed types of guests) have the same proven revenue strategies applied to them to maximize potential profits.
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Categories: Revenue Management
Insight Type: Articles