Weekend in downtown urban business markets

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The Marriott hotel chain typically charges 20% more for rooms Sunday-Thursday night than they do on weekend in “downtown” urban business markets. What type of pricing strategy does this describe and why is this strategy effective? EXPLAIN.

Reference no: EM131159612

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Weekend in downtown urban business markets : The Marriott hotel chain typically charges 20% more for rooms Sunday-Thursday night than they do on weekend in “downtown” urban business markets. What type of pricing strategy does this describe and why is this strategy effective? EXPLAIN.

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