Monthly Archives: August 2018

What is the meaning / definition of competitive set in hotel industry?

What is a comp set? A Competitive Set (or Compset) is a group of hotels that are seen as direct competitors to your own hotel. Hotels will often compare their performance against competitive set hotels, in order to find ways … Continue reading

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Unconstrained definition: What is Unconstrained Demand in the hospitality industry?

The definition of Unconstrained demand refers to the quantity of rooms in a hotel that could be sold if there were no constraints, no limits. When considering unconstrained demand revenue management, a hotel manager or revenue management team must ask … Continue reading

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