Lesson details
Minimum Stays are an important part of the toolbox of revenue managers. They enable hotels to make more revenue while still keeping a cap on prices. When is it sensible to use them?
What you’ll learn in the Minimum stays lesson
- Minimum stays and when you would use them
- Shoulder Nights - you need to do something
- Minimum stay vs Increase in price
- Minimum stays as a tactic to not charge so high a price