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Revenue managers should analyse past booking patterns, referencing the guest in-house list from the previous year, including denials and regrets, to understand stays of varying lengths. Without teamwork, and leveraging each other knowledge and experience, a hotel will not be able to reach its full potential.
Revenue managers should analyse past booking patterns, referencing the guest in-house list from the previous year, including denials and regrets, to understand stays of varying lengths. However, making sure to fish where the fish are and testing different strategies before going all-in on a specific idea is vital.
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