Traditional Culture Encyclopedia - Hotel franchise - The concept and characteristics of hotel market demand forecasting

The concept and characteristics of hotel market demand forecasting

The concept is demand quantity, and characteristic predictions tend to be more accurate.

The concept of demand forecasting: refers to the assessment of the expected demand (demand) for a product or service. Feature predictions tend to be more accurate. More accurate forecasts of product mix and service mix.

Demand forecasting refers to conducting detailed analysis and research on future market demand changes for the products of the proposed project based on relevant survey data, and grasping the inherent laws of demand.