Les Roches

JANUARY 25, 2024

Competition analysis By analyzing competitor information, hotels can accurately gauge how they’re performing against rivals within their niche markets. Insights gathered from indirect competition such as vacation rental homes can also offer understanding in other areas to inform strategic planning.

Competitive Analysis 52

Competitive Analysis Information Pricing Marketing 52

Les Roches

AUGUST 21, 2024

Duties include strategic planning, financial management and ensuring adherence to brand standards while monitoring and maintaining high levels of guest satisfaction. Let’s explore the various hotel management careers. These professionals can expect average salaries of $119,726 annually.

Guest Satisfaction 52

Guest Satisfaction Housekeeping Budgeting Events 52

SiteMinder

JULY 13, 2024

This dynamic approach requires a blend of data analysis, market insight, and strategic action. Competitive analysis Before setting any pricing strategy, it’s essential to understand the lay of the land. It also allows a deeper level of understanding of your property’s performance during strategic planning.

Pricing 98

Pricing Book Budgeting Marketing 98

Xotels Hotel Revenue Management

SEPTEMBER 1, 2020

Competitive Analysis. Of course, studying local competition is essential to highlight your strengths and weaknesses, as well as weighing those of the competition against your own. This can also be defined as a SWOT analysis, which investors use to see how you differentiate and stand out from the crowd.

Definition 52

Definition Marketing Budgeting Article 52