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Mastering Hotel Competitive Analysis: The What, Why and How

Revenue Hub

NB: This is an article from Canary Technologies But how well do you know your competitors? The answers to these and many more questions lie in hotel competitive analysis. Subscribe to our weekly newsletter and stay up to date What Is a Competitive Analysis in the Hotel Industry?

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How to Maximize Hotel TRevPAR

Revenue Hub

NB: This is an article from WebRezPro On a given night, both book an equal number of rooms. However, in our imaginary revenue competition, there is a clear winner. Competitive Analysis TRevPAR is a useful metric for comparing your performance to that of your competitors. How is this possible?

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How Hotels Can Use Data to Boost Venue Revenue

Revenue Hub

NB: This is an article from iVvy In this day and age, data is one of the most powerful revenue-boosting tools at your disposal. The more you know when and how your venue spaces are being used, the more effectively you can budget, forecast, and market.

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Top Hotel Revenue Management Strategies to Boost Revenue

Revenue Hub

NB: This is an article from Lybra , one of our Expert Partners. This article discusses the three most important strategies hotel revenue managers must use to boost revenue and how a revenue management system (RMS) is being used to forecast demand and automatically perform dynamic pricing. Read more articles from Lybra.

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Developing Your Hotel’s Unique Selling Proposition

Revenue Hub

NB: This is an article from Net Affinity. Look at your competitors A proper competitive analysis will allow you to evaluate what others in your space are offering, and how you can differentiate yourself from them. – What’s their budget? Read more articles from Net Affinity. Developing your USP.

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6 Expert Tips To Create An Effective Cafe Business Plan For The UK

The Restaurant Times

This article discusses how you can write an impactful business plan for your cafe in the UK. . Targeted Audience Analysis: Analyze the demographics or customer groups you are planning to focus on. Competition Analysis: Identify your competitors and include them in your cafe business plan. ii) Expense Sheet.

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Starting a Waffle Restaurant in Dubai? 9 Things You Absolutely Must Know

The Restaurant Times

In this article, we will guide you through the entire process of starting a waffle restaurant in Dubai. . Conduct a location analysis on factors such as demographics, real estate prices, crowd density, target audience, expected footfall, average income, accessibility to market, and parking spaces. . Online Food Ordering.