It’s all about who is in your comp set
In last week’s blog I discussed how important it is to have the right properties in your competitive set. Now I would like to address how which hotels you have in your comp set significantly affects an individual property’s evaluation of performance and also how it might affect brand or systemwide aggregations. As I stated last week, one of the most frequent questions we get at STR from industry analysts is how come it seems that virtually...
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