Trends in Hotel Rates: Marriott and Hilton’s Pricing Strategies
The hospitality industry is witnessing a notable shift as major players like Marriott, Hilton, IHG, and Hyatt launch new brands targeting budget-conscious travelers.
The hospitality industry is witnessing a notable shift as major players like Marriott, Hilton, IHG, and Hyatt launch new brands targeting budget-conscious travelers.
The average booking window, or lead time, for hotel bookings in the US is about 25 days, according to Kalibri Labs. The average length of stay is 1.8 nights