benchmarking
CompSet Analysis and its Role: Hotel Management Practices
Sizing up the competition plays a major part in your hotel’s marketing strategy. Your competitors have just as much sway in shaping guest demand and expectations as you do, and […]
4 Reasons GOPPAR Should Be on Your List of KPIs
When a hotel’s financial performance plan is built on GOPPAR they have the raw materials to craft a financial fortress to stand strong
6 Tips for Benchmarking Your Way to Success
With a combination of hotel benchmarking data, important KPIs and holistic approach to hotel performance will help hoteliers boost operations
6 Ways Hotel Benchmarking Can Help the Hotel Industry Rebound
Benchmarking could give hotels the tools to dig out of current financial holes. But, it will take a holistic plan and complete hotel metrics
Which Hotel KPIs Analyze Complete Operational Performance?
Key to streamlining hotel operations for more profit is to look at hotel KPIs holistically. With benchmarking numbers in hand it’s easier
What Are the Best KPIs for Measuring Hotel Profitability?
Using hotel benchmarking and reports to determine profitability, it’s possible to identify true value and clear the way toward higher profit
Why Tracking RevPAR Only Is a Recipe for Failure
Relying on RevPAR alone can cause major problems for hotel decision makers. Luckily, there’s a much more reliable recipe for hotel profit
How Turning to Benchmarking Can Stave Off Financial Ruin
No matter what stage a hotel is at in this crisis lifecycle, deep hotel benchmarking will provide foresight to fight off financial damage
Can Sales and Marketing Save the Hotel Industry?
Coupling a data driven hotel performance strategy with a well-oiled sales and marketing team, hotels can kick their efforts into hyperdrive
3 Reasons to Turn to Benchmarking in the COVID-19 Era
One way to tackle the new normal is operational benchmarking, a process that allows for analyzing, interpreting and operationalizing relevant market data