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What factors can affect the price of hotel room rates? List five factors Some hotels focus on increasing occupancy, while others emphasize maximizing ADR. Discuss
What factors can affect the price of hotel room rates? List five factors Some hotels focus on increasing occupancy, while others emphasize maximizing ADR. Discuss one advantage and one disadvantage related to each of these approaches. ADR of the U.S. hotel industry was $149 in 2022; some individuals feel the room rate is too high. Do you think it is too high or reasonably priced? Also, respond to two classmate posts
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