Traditional Culture Encyclopedia - Hotel reservation - Is the overnight average discount rate low or high?

Is the overnight average discount rate low or high?

The subject wants to ask, "Is it better to have a low discount rate or a high discount rate for the average overnight room rate in the hotel?" ? High discount rate is a good thing. In the hotel revenue management, in order to reduce the situation that rooms are unoccupied overnight, the higher the discount rate, the higher the average room price discount, the greater the probability of customers' choice, and effectively improve the room occupancy rate. The discount rate refers to the percentage by which commodity prices can fall. The discount rate and discount rate of commodity prices are complementary figures. If the original price of goods is 100% and the discount rate is 30%, then the discount rate is 100%-30% = 70%, which is what we usually call a 30% discount on the price of goods, that is, a 30% discount on sales.