Hotelogix

JANUARY 19, 2025

Setting the right rates for your rooms is not just about numbers; it’s about balancing guest expectations, understanding demand, and staying competitive. In this blog, we’ll cover everything you need to decide hotel rates smartly, including competition analysis, pricing strategies, and tools to simplify the process.

Pricing 100

Pricing Demo Competitive Analysis Book 100

SiteMinder

SEPTEMBER 11, 2022

If you are wondering where to start, look no further than the traditional SWOT analysis for hotels: this tool is key to understanding your business, relative to the competition. Performing a SWOT analysis focuses your attention beyond immediate needs and enables you to take strategic action for your hotel business.

Competitive Analysis 91

Competitive Analysis Pricing Blog Information 91

SiteMinder

AUGUST 1, 2024

This blog will give you a comprehensive guide to creating a business plan for your hotel. A well-crafted hotel business plan is essential for laying the foundation for success in the competitive hospitality industry. Break-even analysis: Calculate the point at which your hotel will start to generate a profit.

Travel and Tourism 95

Travel and Tourism Competitive Analysis Pricing Budgeting 95

Lithos POS

JANUARY 27, 2022

However, we see the restaurant business stopping for several reasons, such as a lack of clear planning or bad service, and more… The purpose of this blog is to explain, “Why do restaurants fail?” Directories Social media Restaurant listing apps Google my business Email newsletter Start a blog. Lack of Competitive Analysis.

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Server Competitive Analysis Marketing Training 52

SiteMinder

AUGUST 18, 2022

At your hotel you also need to perform regular competitive analysis to see where you stand in the local market and how you can gain an advantage, or at least maximise your potential revenue and profit. This blog will tell you everything you need to know about hotel competitor analysis. Table of contents.

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Pricing Competitive Analysis Budgeting Blog 52

Les Roches

JANUARY 26, 2024

Effective strategies, specifically digital ones such as social media advertising or blogging, make it easier to broaden your market scope. Social media and blogs Use popular social me­dia platforms such as Instagram, Facebook, Pinterest, X (Twitte­r) and blogs to actively involve your customers.

Marketing 52

Marketing Blog Pricing Competitive Analysis 52

SiteMinder

OCTOBER 18, 2023

Competitive analysis Remember that your pricing is inextricably linked to that of your competitors. Track revenue Track your revenue performance to identify trends that can further inform your value-added pricing strategy, such as peak periods when you can charge far more.

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Pricing Competitive Analysis Marketing Information 59