The lodging industry is particularly effective in using income segmentation.

Name: The lodging industry is particularly effective in using income segmentation.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The lodging industry typically uses income segmentation to target different price points and packages for different income groups, such as luxury accommodations for high-income guests and budget-friendly options for low-income guests. This allows them to maximize their revenue by appealing to a variety of customer segments.

The Lodging Industry Is Particularly Effective in Using Income Segmentation