Revenue Management: How to Price Buy-Outs of Smaller Hotels in Leisure Markets
Article - Revenue Management: How to Price Buy-Outs of Smaller Hotels in Leisure Markets - By Larry Spelts - Small properties (one hundred rooms or less), especially upper-upscale and luxury boutique hotels in destination markets that are principally leisure with higher ADRs, are often attractive buy-out destinations for certain kinds of groups. This can range from weddings and reunions to corporate and association retreats or incentive travel.
Source: hotelnewsresource.com
