Hotel Occupancy Rate Trends and Forecasting in 2023

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The occupancy rate, a simple KPI, allows hotel owners to understand how their business compares to competitors and its historical data over time. With this knowledge under the hood, hotel owners can set appropriate rates, predict guests' stay patterns, plan maintenance, and staff appropriately.

What You'll learn

  • Importance of occupancy rate forecastingAnalysis of occupancy rate trends over the past few years
  • Current challenges facing the industry

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