Close Out
What is the meaning / definition of Close Out in the hospitality industry?
Hotel rooms made unavailable from sales. Such a closed out could be for a variety of reasons and applied to individual market segments.
For instance dates could be closed out for sales from lower priced segments during high demand dates such as large trade-fairs or city wide events.
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As CEO and Founder of XOTELS, Patrick Landman has made it his mission to turn hotels and resorts into local market leaders. XOTELSยด diverse expertise and deep-knowledge across
revenue management consulting,
hotel management, and
hotel consulting, enables us to drive results for independent boutique hotels, luxury resorts, and innovative lodging concepts. Below you will find opinion articles written by Patrick Landman.
