Today's Revenue Management thought:-
Hotel management teams love having data to help make decisions.
Data doesn’t always give us the answers.
Data allows us to test theories or strategies & provides interesting correlations between variables.Regardless of what our data tells us, in the end, we need buyers to be willing to pay more.
They don’t pay more because we don’t ask them to.
They don’t pay more because they have a price limit.
They don’t pay more because they don’t know how good our product is.
Who knows ?
You should & your hotel should!
Have a profitable week.
✌🏼