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

Modern Restaurant Management

OCTOBER 23, 2019

If I see myself as a high roller, I’m going to treat myself to a posh restaurant (and expect to be catered to). Perform a competitive analysis. How we imagine ourselves determines which businesses we align with. If I pride myself on my social consciousness, I’m going to look for a restaurant with ethical practices.

Competitive Analysis 116

Competitive Analysis Marketing Catering Reservations 116

Revenue Hub

NOVEMBER 4, 2022

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. In order to create a niche for your hotel, it is imperative that you sell your product to a selected customer base that will benefit the most from your offer.

Competitive Analysis 83

Competitive Analysis Marketing Article Budgeting 83

The Restaurant Times

SEPTEMBER 15, 2020

Conduct a location analysis on factors such as demographics, real estate prices, crowd density, target audience, expected footfall, average income, accessibility to market, and parking spaces. . It is highly advisable to do a competitive analysis to understand how your competitors are doing in that location.

POS Systems 52

POS Systems Competitive Analysis Budgeting Procurement 52

The Restaurant Times

MAY 25, 2021

This type of analysis will include observing, documenting, and reporting your target audience’s spending habits and consumption behavior. Competition Analysis: Identify your competitors and include them in your cafe business plan. The analysis must include: Market segment catered to by the competitors.

Revenue Projections 52

Revenue Projections Training Competitive Analysis Marketing 52

Les Roches

AUGUST 21, 2024

Part of their remit is to analyze market trends, conduct competitive analysis and use digital marketing tools to position the hotel effectively in the market and achieve sales targets. They also build relationships with corporate clients, travel agencies and event planners to drive bookings and increase occupancy rates.

Guest Satisfaction 52

Guest Satisfaction Housekeeping Budgeting Events 52

Les Roches

JANUARY 26, 2024

Market area analysis Understand your chosen market area’s characteristics.

Marketing 52

Marketing Blog Pricing Competitive Analysis 52