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if that were the case, all hotels would have evolved to be capsule hotels. certainly hoteliers know their business better than that, and don't simply maximize f
by clairity 7y ago
if that were the case, all hotels would have evolved to be capsule hotels. certainly hoteliers know their business better than that, and don't simply maximize for space. a hotel's biggest challenge (after financing) is occupancy, which is a 4P's marketing problem[0].
[0] https://en.wikipedia.org/wiki/Marketing_mix https://en.wikipedia.org/wiki/Marketing_mix