article thumbnail

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?

article thumbnail

Best Hotel Review Websites to Improve your Hotel Reputation

Hotelogix

Competitive Analysis Review sites are not just platforms for guest feedback but also tools for competitive analysis. These platforms provide travelers with insights into the services, amenities, and experiences hotels offer, making them pivotal in the decision-making process for accommodations. 

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Why it’s time to add Reddit marketing to your mix

Smart Brief Hospitality

Competitive analysis I kept this separate from the research category on purpose — keeping an eye on competitors and discussion about competitors is a huge value add for any marketer. Competitive analysis also is a way to carve out your own market niche/positioning. It’s time to add Reddit marketing to your mix.

Marketing 117
article thumbnail

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?

article thumbnail

What ADR Can Tell You and What It Can’t

Revenue Hub

NB: This is an article from Altexsoft However, like any other technique, it comes with its own strengths and weaknesses. Facilitates competitive analysis. Read rest of the article at Altexsoft The post What ADR Can Tell You and What It Can’t appeared first on Revenue Hub. Offers an overview of room revenue performance.

article thumbnail

How to Elevate Hotel Revenue and Occupancy with Dynamic Pricing

Revenue Hub

NB: This is an article from BEONx , one of our Expert Partners When it comes to maximizing revenue and occupancy rates, dynamic pricing strategies have taken a quantum leap forward. The Overture of Competitive Analysis: Keep your competitors under the spotlight with regular price monitoring.

Pricing 92
article thumbnail

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.

Pricing 74