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Competitionanalysis 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 strategicplanning.
Hotel Market Size & Opportunities Despite it being a tough year for the hospitality industry, hotel project development and openings continue to unfold all across the globe, with stunning 775 hotels and 147,316 rooms planned to open for the second half of 2020 ( Tophotelprojects, 2020 ). CompetitiveAnalysis.
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