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Building customer relevance to grow market share

Boutique Hotel News

Remaining relevant to guests is key, and those that don’t are at risk of losing market share. Understanding who you are attracting and where the opportunities are is essential before embarking on a brand relevance exercise. . How have you adapted your sales and marketing strategy to attract these new segments? .

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Branded Content – Engaging Narratives, Stronger Brands

MediaBoom

Did you know that branded content can increase your brand’s recall by an impressive 86% on average ? So, if you want to come out on top in a market that’s highly saturated with ads, consider generating value for users with this genius marketing technique. This can help you earn greater ROI and brand awareness.

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What luxury travellers want and how to attract them

Hotel Speak

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 94
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Hotelier’s Comprehensive Guide to Unique Selling Propositions

eZee Absolute

Additionally, having a clear USP makes your hotel’s brand stronger. 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. What are they looking for in a hotel?

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Hotel Revenue Management Strategies

Xotels

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.

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Top Revenue Management Strategies for Hotels

Xotels

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.