Is your performance up to PAR with the market? Are you getting your fair market share? There is only one way to find out, get market share reports from the large consulting agencies and rate your performance objectively…Here some more takeaways about Revenue Management.
Step 10 of our hotel yield and revenue management strategies implementation plan exists of the following:
- Subscribe to Market Share reports from the Bench, MKG or Deloite and compare your hotel’s performace objectively against the compettive set.
- Get reports on your GDS performance from TravelClick: Hotelligence 360º and the Future Pace Report.
- Obtain incoming traveller stats from your tourist board or hotel association against your hotel guest’s nationality statistics.