The Neighborhood Hotel's Journey to Higher Occupancy & RevPAR through PriceLabs' Minimum Stay Rules
Summary
Matthew Shanley from The Neighborhood Hotel discusses the company's revenue management strategy and overall trends in the short-term rental and hospitality industries, emphasizing the shift towards limited-service, technology-driven apartment-style accommodations that cater to the changing needs of business and leisure travelers alike. He highlights the impact of leveraging minimum stay rules and competitor tracking within the PriceLabs platform on occupancy and ADR.
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