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Upgrade to ProYou are a Revenue Management Director at IHG Hotels & Resorts. To optimize room inventory and pricing strategy, you need to classify all room types into occupancy quartiles based on how frequently they are booked. Rooms in the lowest quartile (Q1) have the fewest bookings and may need promotional pricing, while rooms in the highest quartile (Q4) are in high demand and may support premium pricing.
You are a Revenue Management Director at IHG Hotels & Resorts. To optimize room inventory and pricing strategy, you need to classify all room types into occupancy quartiles based on how frequently they are booked. Rooms in the lowest quartile (Q1) have the fewest bookings and may need promotional pricing, while rooms in the highest quartile (Q4) are in high demand and may support premium pricing.