Article Budgeting Competitive Analysis Pricing 
Revenue Hub
JANUARY 18, 2024
NB: This is an article from Canary Technologies But how well do you know your competitors? And more importantly: how can you use this knowledge to optimize your pricing, marketing and conversions? The answers to these and many more questions lie in hotel competitive analysis. Make a list of what you offer first.
Revenue Hub
JULY 13, 2023
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?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Revenue Hub
JULY 24, 2023
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. This can assist in determining appropriate pricing strategies.
Revenue Hub
NOVEMBER 9, 2022
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. Dynamic pricing.
The Restaurant Times
SEPTEMBER 15, 2020
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.
The Restaurant Times
MAY 25, 2021
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.
Xotels Hotel Revenue Management
SEPTEMBER 1, 2020
In this article we have put together a series of tips on how to start your own hotel business: First Things First – Key Considerations Before Starting a Hotel. At the core of any successful pre-opening phase are well thought through elements of product pricing and positioning such as: Room type strategy (e.g. Distribution (e.g.
Expert insights. Personalized for you.
88 
Let's personalize your content