Today's Revenue Management thought:-
Summer is slowly winding down……
As we move into another season of the year, we need to reposition ourselves to deal with changing demand patterns, pick-up patterns & segments.
Hotels need to move beyond applying blanket discounts, or incentives, to attract bookings through winter.
It is those hotels that monitor previous years’ booking patterns, build accurate demand forecasts and develop specific campaigns for specific audiences that are best positioned to succeed in a times of lower demand.
Have a profitable week !
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