Research: Hotel rates, pricing power set to increase this year
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Date
2019-04-07
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Publisher
Hotel Management
Abstract
Hotel bookings may be seeing a dip, but that doesn’t mean rate is suffering because of it. In fact, many hoteliers are finding pricing power despite facing some challenges, whether they be political or natural (disaster) in nature. Here are three pieces of recent research that hotel owners and operators should keep top of mind as they move throughout the year and plan their revenue-management strategies.
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Keywords
hotel, pricing, rate growth, price