Today's Revenue Management thought:-

This week 4 part focuses on Distribution and why diversifying your hotels distribution, both on & off line isn't just about risk management; it's about seizing opportunities across a broader spectrum for sustainable growth.

Risk Mitigation: Diversifying hotel distribution mitigates the risk associated with relying solely on a single booking channel or platform. 

Depending solely on one platform increases vulnerability to factors like changes in algorithms, commission rates, or unforeseen disruptions. 

By spreading distribution across multiple online channels and offline avenues like direct bookings and partnerships with travel agencies, hotels can reduce this risk and ensure a steadier stream of bookings even if one channel experiences a downturn.

Have a profitable week !

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