Depressed Market
Depressed Market
Glossary Hotel operations management
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Definition of depressed market
Depressed Market: The term used to describe a hotel market area where occupancy rates and/or: ADRs are far below their historic levels. Used, for example, in "The permanent closing of the military base in that town resulted in depressed market conditions in the entire county."
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Glossary Hotel operations management
Glossary Hotel operations management index of terms
Definition and meaning of depressed market
Meaning of depressed market
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