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Mastering Hotel Competitive Analysis: The What, Why and How

Revenue Hub

NB: This is an article from Canary Technologies But how well do you know your competitors? The answers to these and many more questions lie in hotel competitive analysis. Subscribe to our weekly newsletter and stay up to date What Is a Competitive Analysis in the Hotel Industry?

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How to Maximize Hotel TRevPAR

Revenue Hub

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?

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Top Hotel Revenue Management Strategies to Boost Revenue

Revenue Hub

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. Read more articles from Lybra.

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How Hotels Can Use Data to Boost Venue Revenue

Revenue Hub

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.

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Revenue Managers are Superheroes

Revenue Hub

NB: This is an article from Borhen Rezgui , Revenue Manager EMEA at Choice Hotels Subscribe to our weekly newsletter and stay up to date It starts with auditing the business’s products and market, discussing stakeholders’ goals and objectives, and examining available resources. But what does it take to make these decisions?

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Developing Your Hotel’s Unique Selling Proposition

Revenue Hub

NB: This is an article from Net Affinity. Look at your competitors A proper competitive analysis will allow you to evaluate what others in your space are offering, and how you can differentiate yourself from them. – What’s their budget? Read more articles from Net Affinity. Developing your USP.

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Insights into hotel management salary and requirements

Les Roches

Insights into hotel management salary and requirements 21st August, 2024 In this article Different roles and their salaries What affects hotel management salaries Requirements to get hotel management roles Skills needed to succeed in hotel management With more than 1.3 These professionals can expect average salaries of $119,726 annually.