News for hackers. Stuff that matters.
Re:Inside the Mad, Mad World of TripAdvisor by caminante on Monday March 16, 2015 @12:07AM (#9209790)
I found the research study interesting -- https://www.hotelschool.cornell.edu/research/chr/pubs/report...

1."if a hotel increases its review scores by 1 point on a 5-point scale (e.g., from 3.3 to 4.3), the hotel can increase its price by 11.2 percent and still maintain the same occupancy or market share"

2."1-percent reputation improvement leads up to a 1.42-percent increase in revenue per available room (RevPAR)"

#1's substantial

There are no comments on this comment yet.