Hotel Revenue Management - How to track demand Part 4 Changing Rates Daily

[@chalmagean]

This is great. I'm curious to see how you factor in revenue, cost, etc. and get a better view of how it affects the bottom line.

[@matatakittenlife]

how do you record the rates when the hotel has different room types? do you use average instead?

[@Alishki]

Use the lowest room category (your most basic or just the standard room type). Same with cost of renting a room.