Big Bear Lake businesses grapple with tourism wipeout - San Bernardino Sun

Published: March 10, 2023
Pricing & Profitability
Big Bear Lake, CA

Summary

This article discusses the challenges faced by businesses in Big Bear Lake, CA, due to a decline in tourism. Hosts in this area should be aware of potential impacts on occupancy rates and revenue. Consider monitoring local market trends and adjusting pricing strategies accordingly.

Key Insights

  • The article highlights a decline in tourism in Big Bear Lake, which could impact occupancy rates.

Action Items

  • Monitor local market trends and adjust pricing strategies, especially for seasonal pricing.
    Effort: low
    Impact: medium

Common Mistakes

  • Failing to monitor local market trends could lead to decreased occupancy and revenue.

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