Boutique Hotel News

NOVEMBER 15, 2022

Remaining relevant to guests is key, and those that don’t are at risk of losing market share. How have you adapted your sales and marketing strategy to attract these new segments? . Where are your target markets researching and booking their travel? How are you catering for new and emerging segments? . •

Market Share 52

Market Share Market Marketing Consumer 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

Inn Quest

APRIL 5, 2023

Yield management allows hotels to stay competitive in a crowded market, increasing their market share and revenue. Hotels can gather this data through market research, data analysis, and customer feedback.

Yield Management 88

Yield Management Management Occupancy Revenue 88

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

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.

Marketing 52

Marketing Market Market Research Hotels 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 67

Travel Market Marketing Tourism 67

MediaBoom

SEPTEMBER 15, 2023

Understand Your Audience A deep dive with market research will give you an accurate understanding of the type of content that will resonate with your buyer persona , including what they love and hate. This will help you eliminate a lot of trial and error, allowing you to focus on choosing the marketing channels they frequent.

Branding 52

Branding Market Marketing Business 52