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EN
Study Finds Roomy Benefit for Some Same-Brand Hotels in Same Area
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An experiment and a series of simulations found that in markets with few hotels, the addition of a same-brand outlet can lead to modest but significant sales increases for the original same-brand hotel.
The researchers found an approximate 2% increase in profits and revenues — $4,300 in revenue and $2,900 in profit per month — for 70% of same-brand existing hotels.
Adding a different brand hotel does not benefit existing hotel locations and could hurt its performance.
“The same-brand benefit has its limit,” he said.
“Customers also value multiple same-brand options when booking through websites like Expedia or Kayak.”
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