Today's Revenue Management thought:-

Are You a Price Maker or a Price Taker?

As you fine-tune your budget, a critical question to ask yourself is: “Am I a price maker or a price taker?” Understanding your hotel’s position in the market is crucial. If you’re always reacting to competitors, you’re a price taker. But if you set the tone with strategic pricing, you're a price maker.

It’s time to revisit your pricing strategy. Should you continue down the same path or try a new approach? Budget season is your chance to shape your hotel’s financial future, rather than simply reacting to the market.

Have a profitable week !

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