benchmarking
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
Harnessing Data Driven Benchmarking to Outperform Competitors
For revenue managers, there has been a real shift in the landscape, making benchmarking an even more important tool to turn to
How to Turn Hotel Competitor Intelligence into Additional Revenue
In this discussion we look at how hoteliers can turn competitor intelligence into a additional revenue in a very simple way using readily accessible data
Can Hotel Benchmarking Help Losers Take Action and Create a Plan
Can benchmarking help losers take action and create a plan to beat the competition, or distract the team from creating a strategy that could be a winner?
Hotel Competitor Analysis: How Your Property Can Get Ahead
You don’t want to become a price follower or mirror your hotel brand to any others, but rather stand out through superior value, service, and authenticity
Hotel Website Performance: Just Look at Your Own or Competitors Too?
Looking at a hotel’s direct channel website performance in isolation can lead to mediocre results and may not give you the best picture of the business