4. Why is forecasting used in resorts? What use does it have?

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13-10-2017
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4. Why is forecasting used in resorts? What use does it have?

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neyneysmith2ov8pqj neyneysmith2ov8pqj · Answer 1 · 2017-10-13T19:55:21+02:00

neyneysmith2ov8pqj neyneysmith2ov8pqj

13-10-2017

In the past hotel revenue managers have used the rack rate as their foundation for determining daily room rates. They used to forecast rates based on supply and demand by using some revenue management techinques

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