Revenue Managers: Yes It’s a Seller’s Market But Don’t Get Greedy
Revenue Hub
MAY 3, 2024
In response to the post-pandemic demand surge and faced with constricted inventory due to labor shortages, rising supply costs, and other challenges, hoteliers pushed their prices back to pre-pandemic levels in record time. Sources predict that hotels’ pricing power will remain strong. Why do we do this? Our demand dried up.
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