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.
Accessing New Markets: Expanding distribution channels allows hotels to reach new markets and demographics.
Each channel may attract different types of travellers with varying preferences and booking behaviours.
By diversifying distribution, hotels can tap into previously untapped markets, whether it's targeting specific geographical regions, niche traveler segments, or business versus leisure travellers. This diversification opens up opportunities for sustained growth by widening the customer base and capturing new segments of travellers.
Have a profitable week !
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