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Discount Pricing for Hotels: Strategies and Examples
Discount pricing for hotels stands as a powerful tool in the arsenal of hotel revenue management strategies. It’s not merely about cutting prices but strategically leveraging them to maximize occupancy rates, revenue, and guest satisfaction. Discount pricing might seem straightforward, but there’s a surprising level of strategy involved. From optimizing occupancy to boosting revenue, it’s…
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Navigating the Future of Hospitality with AI in Hotel Revenue Management
In the ever-evolving landscape of the hospitality industry, staying ahead of the curve is essential for hoteliers aiming to maximize revenue. One game-changing tool that has taken center stage is AI in hotel revenue management.