Today's Revenue Management thought:-
Food for thought.
Do you consider your hotel rooms to be a commodity ?
Hotel rooms can be considered a commodity because they are readily available and can be purchased at a “standard rate”.
Hotel rooms typically have similar features, amenities, and services, making them a homogeneous product.
This makes them similar to other commodities, such as oil or wheat, that can be bought and sold on the open market.
Have a profitable week.
✌🏼