How best to balance the price-occupancy mix is a management call because the same total room revenue can be achieved by either higher rates and lower occupancy or lower rates and higher occupancy.

Question

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The balance between price and occupancy is a strategic decision made by management to optimize total room revenue, as higher prices may lead to lower occupancy and vice versa, but both strategies can achieve similar revenue outcomes.

How Best to Balance the Price-Occupancy Mix Is a Management