Today's Revenue Management thought:-

€89…€99 or €109…….

What goes through my mind when I evaluate prices.

When setting prices, I think about the the properties cost structure, the demand trends for the property, the competition, and what we want to achieve in terms of profit.

I also consider the value that customers get from booking a room and how it compares to similar products in the market.

Finally, I think about the marketing strategies we need to use to promote the property, and how pricing will impact those strategies.

Have a profitable week.

✌🏼

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