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Old Aug 26, 2011 | 11:51 am
  #13  
iflyjetz
 
Join Date: Jul 2001
Programs: Marriott LT Tit; Hyatt Explorist; Hilton CC Gold; IHG CC Plt; Hertz (MR) 5 star
Posts: 5,536
MDtR, thanks for the insight.
I think that walking has a whole lot more to do with losing a valuable customer rather than any short term financial penalties.
I remember when I was hired at United back in 2000. One of the management personnel stated that 5% of our customers generated 20% of revenues and 1% of our customers generated 10% of revenues. Or similar lopsided numbers.
There are customers that a business can afford to lose. Top tier customers are not in that class.
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