Boutique Hotel News

NOVEMBER 15, 2022

Remaining relevant to guests is key, and those that don’t are at risk of losing market share. As Dimitris Manikis, president and managing director EMEA of Wyndham Hotels and Resorts, said recently : “ You have to evolve with a business… consumers two-and-a-half years ago are different from today.”

Market Share 52

Market Share Market Marketing Ancillary Revenue 52

Inn Quest

APRIL 5, 2023

Yield management, also known as revenue management, is a strategy hotels use to optimize their revenue by adjusting prices and inventory according to consumer demand. Yield management allows hotels to stay competitive in a crowded market, increasing their market share and revenue.

Yield Management 88

Yield Management Management Occupancy Revenue 88

eZee Absolute

SEPTEMBER 27, 2023

Conduct thorough market research to understand their preferences, needs, and pain points. Market Share : Compare how well your hotel is doing compared to others in your area. Online Engagement : Analyze website traffic, social media engagement, and click-through rates on marketing campaigns related to your USPs.

Market 52

Market Marketing Market Research Hotels 52

Lure Agency

NOVEMBER 16, 2022

When it comes to understanding your customers, market research is essential to the success of any business, no matter if it’s market research for B2B or B2C. ” To understand your target customer, you must understand market and customer research. It’s a hidden-in-plain-sight secret!”

Market Research 52

Market Research B2B Target Marketing Marketing Strategy 52

Xotels

APRIL 3, 2024

Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

MediaBoom

SEPTEMBER 15, 2023

Branded content is a marketing technique that grabs consumers’ attention with immersive stories that represent your company’s values and vision. This will help you eliminate a lot of trial and error, allowing you to focus on choosing the marketing channels they frequent. Schedule Your Free Consultation What Is Branded Content?

Branding 52

Branding Market Marketing Business 52

Hotel Speak

MARCH 20, 2024

While Millennials encompass a large part of the luxury travel market, according to a report by Allied Market Research , Millennials “spend $527 a day on a trip which is 62% less than their older counterparts.” of market share and a revenue of USD 461.65

Travel 64

Travel Market Marketing Tourism 64