SiteMinder

AUGUST 1, 2024

Break-even analysis: Calculate the point at which your hotel will start to generate a profit. Competitive analysis This is a deeper dive into your earlier research section, where you uncovered your place in the market. Training : ongoing training for staff in guest service, local area knowledge, and bespoke service.

Travel and Tourism 95

Travel and Tourism Competitive Analysis Pricing Budgeting 95

Les Roches

AUGUST 21, 2024

They also oversee the concierge services, ensuring guests receive personalized recommendations and assistance. 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.

Guest Satisfaction 52

Guest Satisfaction Housekeeping Budgeting Events 52

Larry Mogelonsky

FEBRUARY 5, 2025

Often, this requires strategic input on segment forecasts, competitive analysis and historical data analysis. Anticipating future demand, revenue managers work tirelessly to adjust rates in order to maximize occupancy levels. In-depth price calibration is critical and appropriate for properties in the lower and middle tiers.

Pricing 130

Pricing Competitive Analysis Concierge Guest Satisfaction 130