Hotel rate intelligence: The essential market intelligence for hotel professionals
See Also
How to Start a Hotel Business in 2022 (+Cost and Business Plan)How to Calculate Room Cost – Hotel Revenue Management TipsWhat Are Your True Variable Costs Per Occupied Room? — LODGINGHotel Chain Owner: SalaryDavid Easton
Any successful revenue management strategy requires the right market intelligence.With so many metrics involved, it is essential for revenue managers to have the full analysis of the key market conditions, including the main competitor’s room rates, their occupancy levels, the on-line user reviews as well as the overall demand levels for the period in the local area.
