Revenue Hub

FEBRUARY 20, 2024

Those hotels that remained open during the pandemic closures and implemented careful revenue management strengthened their position in the market. Key Revenue Management Trends for 2024 Effective revenue management includes a blend of technology, smart online marketing, competition analysis, and demand forecasting, to name a few.

Pricing 101

Pricing Book Download Accounting 101

Les Roches

JANUARY 25, 2024

Hotel industry players who can leverage data effectively gain valuable insights that can influence their strategic decisions, from setting room prices to designing hotel marketing strategies. It ranges from simple database management systems used for basic statistical analysis to sophisticated predictive modeling techniques.

Competitive Analysis 52

Competitive Analysis Information Pricing Marketing 52

SiteMinder

OCTOBER 5, 2023

Expedia Partner: How to become one To join the Expedia Partner Central, you’ll first need to create an Expedia account. If you’re new, you’ll need to set up an Expedia Partner account first. Beyond just presenting data, Rev+ provides rate recommendations based on various market factors.

Competitive Analysis 59

Competitive Analysis Book Property Management Information 59

7 Shifts

NOVEMBER 22, 2021

Customer Analysis : discuss the types of customers you will attract and serve. Competitive Analysis : document local competitors and show how you will be able to carve out a niche in your market. Marketing Plan : detail your pricing structure (e.g., social media marketing ) you will employ.

Document 157

Document Competitive Analysis Information Pricing 157

The Restaurant Times

FEBRUARY 25, 2022

High food costs can get out of hand quickly if not accounted for. Do your market research, count the inventory, find the COGS (Cost of Goods Sold) numbers, and consider the indirect costs. Doing sufficient market research before finalizing a location always helps. Utilize Effective Marketing Strategies.

Competitive Analysis 52

Competitive Analysis Budgeting Accounting Marketing 52

Les Roches

DECEMBER 23, 2022

A business plan is a detailed document that sets out a company’s purpose, vision, marketing objectives, financial plans, resource needs and how it will achieve its goals. An outline of your market research and potential so that you and your investors understand your target customers and potential market size. billion in 2017.

Document 52

Document Competitive Analysis Events Budgeting 52

SiteMinder

SEPTEMBER 11, 2022

A sound SWOT analysis is the starting point for your hotel’s strategic actions and as such can fulfil many uses. Depending on your priorities, you can perform a SWOT analysis of the hotel industry, a multi-hotel portfolio, or a specific hotel in its local market. analysis at your property (with examples).

Competitive Analysis 72

Competitive Analysis Pricing Blog Information 72