Hotel room occupancy and rates vary throughout the year and by day of the week. Occupancy is typically lower on Wednesdays compared to weekends and higher periods like summer and holidays. Different pricing tiers also impact profitability with rack prices generating the most revenue and floor rates resulting in no profit.
Hotel room occupancy and rates vary throughout the year and by day of the week. Occupancy is typically lower on Wednesdays compared to weekends and higher periods like summer and holidays. Different pricing tiers also impact profitability with rack prices generating the most revenue and floor rates resulting in no profit.
Hotel room occupancy and rates vary throughout the year and by day of the week. Occupancy is typically lower on Wednesdays compared to weekends and higher periods like summer and holidays. Different pricing tiers also impact profitability with rack prices generating the most revenue and floor rates resulting in no profit.