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Harness the power of data analytics in hospitality

Les Roches

Competition analysis By analyzing competitor information, hotels can accurately gauge how they’re performing against rivals within their niche markets. Insights gathered from indirect competition such as vacation rental homes can also offer understanding in other areas to inform strategic planning.

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How to Start a Hotel Business

Xotels Hotel Revenue Management

Be prepared to add the following fees to your budget: Initial fee. Pulling Everything Together: The Hotel Business Plan Here is a short list of how your hotel business plan should look like. Competitive Analysis. Strategic Plan. Still considering to go for a franchise? Royalty fees. Marketing fee.