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Assess their pricing, services, marketing strategies, and customer reviews. Pricing strategy: How you will set competitive room rates and consider implementing revenuemanagement strategies to maximise occupancy and revenue. Revenue and pricing Now we’re onto the good bit!
NB: This is an article from Revenue Team by Franco Grasso , one of our Expert Partners. This is especially true in high season when you’re counting on maximizing your revenue. Last-minute cancellations and no-shows can leave you with a hole in your revenueprojections if you don’t use them or if you leave them in the hands of the OTAs.
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