benchmarking
Comp Sets Decoded: The Key to Smarter Hotel Benchmarking
With operational benchmarking tools, you’re not just comparing – you’re leading. Utilising profit intelligence can redefine what success looks like
Stop Hiding Behind Benchmarking: GMs Must Lead Not Follow
You’ll never set the pace if your only goal is to match the market. To lead, you need to learn from benchmarking insights, not become like everyone else
How to Turn Three Hotel KPIs into Actionable Insights
Instead of spreading your attention across many metrics, concentrating on a few KPIs ensures the hotel team aligns with the most critical business drivers
Beat the Competition: How to Select the Right Comp Set
Regularly reviewing and updating your comp set will ensure your benchmarking remains relevant and you continue to capture a larger market share
Benchmarking Drives Mediocracy: Rethink How We Measure Success
We explore the dangers of benchmarking, explain why “above benchmark” isn’t enough, and offer actionable strategies to break free
3 Common Benchmarking Mistakes in Hotel Revenue Management
Benchmarking is not a one-time exercise but a continuous process that requires patience and a broad view of your market
Using Business on the Books in Complete Benchmarking Approach
Hotel owners and operators are best positioned for success when they measure their business from every angle. That is why no benchmarking experience can be considered comprehensive without frequent insight […]
The Role of Profitability Data in the Hotel Benchmarking Experience
P&L data enables you to supplement key top-line metrics and measure impact of top-line decisions on profitability relative to competitive sets
Hotel Benchmarking: Tips to Maximize RGI, ARI, and MPI
In the ever-evolving hotel industry, strategically benchmarking room revenue cannot be overstated. RGI, ARI, and MPI trio are the beacons guiding hotels
5 Features to Look For in a Hotel Benchmarking Tool
Benchmarking data is used by all stakeholders in the industry; from hoteliers to management companies, owners to asset management companies