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Tag: hotel

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Know Your Compset

Oct 12, 2019Josh Mottcompetition, compset, hotel, independent hotel, revenue management, top rate

The secret to good revenue management is knowing who your competitors are and how they tick. In the revenue management world, we refer to this as “who is in your compset?”. Having an effective compset allows you to benchmark how your property is performing; these are the properties to which you compare your sales and…

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