Revenue Management Should Mean Planning and Action at Every Type and Size Hotel (Part 2 of 2)

dc.contributor.authorHogan, Johnen
dc.date.accessioned2018-01-10T05:35:50Zen
dc.date.available2018-01-10T05:35:50Zen
dc.date.issued2011-11-11en
dc.description.abstractMaximizing Revenues does not automatically mean raising prices, but means reacting to the market, to your competitors to some degree and to the uniqueness of your hotel's clientele. Most markets have some kind of seasonal demand. When it is off-season, some rates naturally tend to drop due to lower demand. A proven practice even in the off-season is to maintain some high rates because rate alone is not the only driver of business to our hotels. Customers choose hotels partially because of price, but also because of location, brand preference, previous positive experience or simply availability.en
dc.identifier.urihttp://hdl.handle.net/10919/81668en
dc.identifier.urlhttps://www.hospitalitynet.org/opinion/4053754.htmlen
dc.language.isoen_USen
dc.publisherHospitality Neten
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectHigh Demand Tacticsen
dc.subjectExcess Demand Tacticsen
dc.subjectFollow upen
dc.subjectThink Tank Questionen
dc.subjectMaximizing Revenuen
dc.titleRevenue Management Should Mean Planning and Action at Every Type and Size Hotel (Part 2 of 2)en
dc.typeArticleen

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