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How to Deal with Common Challenges in the Hotel Industry? [Updated for 2024]

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Every hotel requires quality staff on all fronts; be it administration, maintenance, kitchen, housekeeping, or frontdesk. Rising cost of daily consumables Challenge Price inflation of daily use products, eatables, and other supplies has risen steeply in the last few years. Other than that, new hotels are entering the market every day.

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How to Start a Hotel Business

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.

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