Hotel Industry

Average Daily Rate (ADR): Definition, Calculation Methods, and Practical Examples
Comprehensive guide to understanding Average Daily Rate (ADR), a key metric in the hospitality industry. Learn its definition, calculation methods, practical examples, and its importance.
Opaque Pricing: Definition, Benefits, and Types
Learn about opaque pricing, a strategic pricing method used by companies to sell merchandise at hidden (lower) prices, particularly in the travel and hotel industry. Discover its meaning, benefits, various types, and how it applies in real-world scenarios.

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