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Decision for most hospitality businesses

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The Demographics of a market can greatly influence a location decision for most hospitality businesses. Generally, not as important for hotels because the local demographics are not representative of the guests who would be coming to that market. But for restaurants, etc. - these are crucial. For a hotel, you need to understand the dynamics of where your guests will be coming from. For the purposes of this paper, assume that the majority of your guests/groups will be coming from within the state.

Reference no: EM133399555

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