Rising occupancy rates will enable hotels to increase their use of hurdle pricing (or nesting) as a means of boosting the ADR.

Name: Rising occupancy rates will enable hotels to increase their use of hurdle pricing (or nesting) as a means of boosting the ADR.
Brand: Quizplus
Rating: 4.8 (29 reviews)

Question

Quizplus · Accepted Answer

As occupancy rates rise, hotels can leverage hurdle pricing or nesting strategies more effectively to segment the market based on customers' willingness to pay, thereby optimizing revenue and increasing the average daily rate (ADR).

Rising Occupancy Rates Will Enable Hotels to Increase Their Use