Today's Revenue Management thought:-
Adapting Hotel Demand Forecasting in a Changing Landscape.
The Challenge of Forecasting Hotel Demand
Forecasting hotel demand is akin to navigating a labyrinth of uncertainties. External factors like economic fluctuations, changing travel trends, and unforeseen events constantly influence the ebb and flow of guests. While small hotels traditionally relied on past occupancy data, the landscape is shifting.
Have a profitable week !
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