Global Hotels Market to Reach a Valuation of ~US$ 867.5 Bn by 2027; New TMR Report Explores Impact of COVID-19 Outbreak
The hotels market is one of the most-highly competitive markets on a global level. Market leaders are competing on various aspects to gain an edge over their competitors. As such, stakeholders in the hotels market are devising world-class pricing and revenue management strategies to generate high revenue. They are introducing dynamic pricing techniques that are backed by advanced machine learning and artificial intelligence (AI) tools to achieve best outcomes for customers as well as hotel owners.
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