Which factor will most affect the daily fluctuation of a hotel's room rates?

Name: Which factor will most affect the daily fluctuation of a hotel's room rates?
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Question

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Room demand is the most important factor in daily fluctuation of a hotel's room rates. If there is high demand for rooms, the hotel may raise its rates, while a low demand may lead to lower rates in order to attract more guests. Room supply, room rate codes, and room rack rates can also affect rates, but not as significantly as room demand.

Which Factor Will Most Affect the Daily Fluctuation of a Hotel's