first REVPAR targets for June have been achieved already ... nice work team !
11
Mar
Does your hotel price positioning strategy make sense?
Reflect your positioning on a matrix. Does your positioning make sense? How often are you more or less expensive than your competitors? Do you take into account your positioning and vañue offer when deciding of your daily rates?
08
Mar
Evaluate the Value Proposition of your Competitors
Do you really know what you are up against? Is your product and service level better or inferior companered to your competitor hotels? You have to evaluate the value proposition of your hotel's competition. And there is only one way, go check them out...
02
Mar
Revenue Management Plan - Step 8
Am I comparing myself in terms of pricing against the market and my competition or am I working in a vacuum? Know what you are competing against. Understand the pricing strategy of competitor hotels. Step 8 in our hotel revenue management plan...
01
Mar
Xotels expands hotel management portfolio
What started out as a hotel consulting and trainingcompany has now become a hotel management company. Xotels has signed yet another hotel management outsourcing contract, expanding its European portfolio.
25
Feb
Rate Shopping
Check the public rates of your competition, at least once a week. What are their strategies? What is the probability that they will decrease or increase their rates on specific period? Make sure you know what rates your competition is selling at…
