Relationship between room rates and market segments

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Reference no: EM132571913

1. Why is understanding and using RevPAR information so important to maximizing total room revenue?

2. Explain the relationship between room rates and market segments.

3. What is DOA and why is it such an important part of yield management?

4. How is the booking pace used with the historical average in yield management?

Reference no: EM132571913

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Relationship between room rates and market segments : 1. Why is understanding and using RevPAR information so important to maximizing total room revenue?
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