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Why can not charge the same the whole year

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Reference no: EM132959429

Problem 1: Hotel occupancy in Tokyo is low. Managers tried different tactics to increase their revenue. For example, during the last few weeks they charged for a room 35% of the normal price. Do you think this is a good tactic? Under what conditions does it work? If they can charge 35% this month, why can't they charge the same the whole year?

Reference no: EM132959429

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