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These 3 Common Revenue Management Myths Can Hurt Your Bottom Line

These 3 Common Revenue Management Myths Can Hurt Your Bottom Line
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The essential overview of hotel dynamic pricing (price tags)

Smart hoteliers view revenue management as a strategic way to improve profits. One component is "dynamic pricing." You re familiar with this model when considering your rack rate vs. your bottom prices. Those bottom prices may not cover much more than your costs, but they impact your rack rate months away when you can see higher profits. You ll see below how this works.

How to Measure Your 2022 Hotel Profitability | By Massimiliano Terzulli

As a hotelier, you know that generating profitable earnings is the key to a successful hotel. However, understanding your profitability ratios isn’t always straightforward because you may not have all the information you need to understand your hotel’s ROI or ROE. Other profitability ratios may give you the insights you need to produce the biggest profits. Read on to discover the critical revenue management practice that grows hotel profits.

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