Revenue Hub

JUNE 22, 2023

This data aggregation scope is simply impossible for hotels relying on legacy pricing strategies. GroupIQ is a comprehensive group pricing tool developed for and by hospitality industry professionals. BusinessIQ provides hotels with a comprehensive drill-down into the current and historical performance holistically and by segment.

Competitive Analysis 75

Competitive Analysis Pricing Information Book 75

Les Roches

JANUARY 25, 2024

In the fast-paced world of hospitality, every customer interaction, online review, or booking generates data. 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.

Competitive Analysis 52

Competitive Analysis Information Pricing Marketing 52

SiteMinder

OCTOBER 5, 2023

It allows you to manage bookings, adjust nightly rates, availability, and streamline inventory management. This global exposure means that hotels, regardless of size or location, have the opportunity to attract travellers from various regions, enhancing their booking potential. A particularly useful feature is the rate management tool.

Competitive Analysis 59

Competitive Analysis Book Property Management Information 59

SiteMinder

SEPTEMBER 11, 2022

Performing a SWOT analysis can help you and your team: Uncover unexpected courses of action as a result of focusing on both external and internal factors. Span attention across all parts of a hotel operation, including decisions on facilities as well as pricing and distribution. Need to know more about competitive analysis?

Competitive Analysis 91

Competitive Analysis Pricing Blog Information 91

7 Shifts

OCTOBER 31, 2022

But give an idea of some dishes or drinks with projected price points. Competitive analysis. Explain how your restaurant will stand out in a sea of competition. Manager Log Books. Include a headshot, quick bio, and list of relevant experience. Sample Menu. You don't, by any means, have to have a menu ready to go.

Document 158

Document Download Marketing Competitive Analysis 158

SiteMinder

AUGUST 18, 2022

At your hotel you also need to perform regular competitive analysis to see where you stand in the local market and how you can gain an advantage, or at least maximise your potential revenue and profit. This blog will tell you everything you need to know about hotel competitor analysis. Choose and score competitive attributes.

Pricing 52

Pricing Competitive Analysis Budgeting Blog 52

eZee Absolute

NOVEMBER 19, 2023

Online deals are booked by genuine guests and major transactions are paid in advance. Rising cost of daily consumables Challenge Price inflation of daily use products, eatables, and other supplies has risen steeply in the last few years. This further increases hotel bookings, and revenue.

Housekeeping 98

Housekeeping Travel and Tourism Book Marketing 98

Xotels Hotel Revenue Management

SEPTEMBER 1, 2020

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. Competitive positioning (how do you competitively price yourself in the market, evaluating your value-add and weighing it against your competitors). Competitive Analysis.

Definition 52

Definition Marketing Budgeting Article 52