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Explain the importance of hotel benchmarking

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Question

Your reflection must include the knowledge learned this week and any course materials that made an impression on you. Please express your opinion on how this Revenue Management knowledge can be applied in real life.

1. Explain the importance of hotel benchmarking

2. Articulate the primary financial measures of the hotel's performance

3. Explain the rules of creating competitor sets for hotels.

Reference no: EM133401192

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