Hotel Competitive Advantage Strategy

Hotel Competitive Advantage Strategy: A 2023 Guide

We've put together this blog highlighting 15 ways to improve your hotel's competitive advantage strategy and trends shaping independent hotels and hotel chains.

Hotel Competitive Advantage - A Strategy To Win - Event Temple

A hotel (or any company really) has a competitive advantage when it is able to generate excess returns over an extended period of time.

10 Keys to a Hotel Competitive Advantage Strategy - Social Tables

First, create a short list of direct competitors that are similar to your property in terms of location, price point, audience, and concept.

A Guide to Mastering Hotel Competitive Analysis

A hotel competitive analysis is an important revenue management tool. It helps you analyze the unique selling points (USPs), strengths and weaknesses of your ...

Time for Hoteliers To Reevaluate Competitive Advantage - CoStar

Competitive advantage consists of two components. The first is the distance between our hotel offerings and our nearest competitors — or the ...

Hotel Technology For A Competitive Advantage - INTELITY

Hotels that invest in delivering on consumer expectations will see an increase in brand loyalty, which leads to an increase in revenue. When a ...

Hotel competitor analysis: A complete guide - SiteMinder

While competition in the hotel industry used to be very localised, and hotel analysis was as simple as looking up competitor hotel rates from ...

Sustainable actions in hospitality: A driver for competitive advantage

A look at the assessment from a differentiation strategy perspective provides quite a different picture. The top ten or so actions in this ...

Staying Competitive in the Hotel Industry: Strategies for Owners ...

Here are some essential strategies that can help hotel owners and managers maintain their competitive edge.

6 Ways your hotel can gain a competitive advantage - eHotelier

To gain an edge over the competition, hoteliers must create a unique brand. They should offer in-demand perks and exercise creativity when inventing one-of-a- ...

Hotel competitive set: What is it and how do you find yours?

Market intelligence solutions give hotels a competitive advantage ... Market intelligence empowers hoteliers to make strategic decisions based on ...

Competing Successfully with Other Hotels: The Role of Strategy

This analysis is the basis of strategy formulation. Your hotel enjoys a competitive advantage when it has a long-lasting business advantage compared to ...

How Hotels Can Harness the Power of Personalization to Gain a ...

Incorporating personalization into your hotel operations is a powerful strategy for gaining a competitive edge. By leveraging data ...

Building competitive advantage for hospitality companies: The roles ...

Green innovation strategic orientation helps build competitive advantage for hospitality companies. •. Green intellectual capital mediates the link between ...

Understanding the Importance of Competitive Analysis in Hotels

By understanding their position relative to competitors, hotels can develop strategies that capitalize on their advantages and mitigate their ...

Every hotel can create a competitive advantage using data

The overall objective for hotels is to grow revenue and maximize profits. Therefore, hotels need to simplify things to become more productive. A ...

What does 'dual competitive advantage' mean in the hotel industry?

Note: This is not just for hotel industry, but for all industries in general. Competitive advantages are conditions that allow a company or ...

How can hotels create sustainable competitive advantages? A ...

This study aims to identify the needs and expectations of hotel guests in a post-pandemic context, and how hotels can acquire and manage resources in a ...

How to conduct a competitive analysis for your hotel - Cloudbeds

A hotel competitive analysis is an assessment of your competitor's strengths and weaknesses as a means of comparison to find your property's strategic position ...

Competitive advantage in the hotel industry - Sage Journals

Hotels. ABSTRACT. KEYWORDS: focusing, marketing strategy, differentiation, market research, brand definition, ...