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The industry has observed a major shift from basic inventory management to a strategic marketing approach. And, the hospitality experts who learned to evolve with the shift became the big players. However, a huge part of the industry now relies on modern-day hotel management methods. Find out the latest hotel

If you want to attract the right customer on the right day and at the right price, consider optimizing your revenue management strategies with these 7 tips: Understand Your Target Market This is the very first step to achieving sustainable hotel growth, and it starts with defining your target audience.

Every successful hotel charges different room rates all through the year. But, even when hotels have different pricing models depending on market demands and seasons, hotel revenue management can be further optimized with dynamic pricing strategies. What is Dynamic Pricing in Hotel Industry? In the hotel industry, dynamic pricing refers to the