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Decoding Hotel Demand: Mastering Hotel Seasonality for Profit

Revenue Hub

The worst part is if hotels at the destination start a price war to attract more guests, the results will be lower revenue for all, and no additional guests will travel to the destination because the hotel rooms are cheap. Strategies to attract more guests could include. Value-add offerings: Do not discount.

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Mastering Revenue Optimization for New Hotels

Revenue Hub

NB: This is an article from Lybra , one of our Expert Partners Amid a sea of considerations, ranging from efficient staff management and impeccable property upkeep to top-tier customer service, revenue management emerges as a critical linchpin. An RMS often includes features for real-time rate shopping and competitive set benchmarking.

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