Hello, welcome to a different Professional Insights dialogue.
In the present day we’re joined by:
🔹Kris Glabinski, VP Europe at Combination Intelligence, a world main information intelligence firm, and the corporate behind , one among our Professional Companions
On this dialogue we have a look at how hoteliers can flip competitor intelligence right into a extra income in a quite simple method utilizing readily accessible information – the identical information each visitor can use when selecting a resort – together with your rivals!
Kris takes us via an actual life instance and in addition illustrates how, via marginal worth features, a resort with 76 rooms, 60% occupancy and an ADR of 150 Euros may add 49k of extra income straight to its backside line.
Later within the dialogue he demonstrates Ratemetrics ‘free for ever’ instrument, which inns can use to take their first steps into gathering competitor intelligence to assist inform strategic pricing choices which might drive extra income and revenue.
General, worth benchmarking helps inns to remain aggressive and optimize their income administration methods, resulting in elevated income and buyer satisfaction – which hotelier doesn’t need that?!
Hope you benefit from the dialogue👍
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🎞 VIDEO CHAPTERS:
00:59 Visitor welcome and introduction
04:18 Exterior information and it’s worth to hoteliers
07:36 Find out how to convert this exterior information to extra income
13:35 Utilizing easy psychology of client shopping for and marginal worth features
22:52 Intro to the Ratemetrics answer
27:34 Demo of Ratemetrics answer
35:38 Some conclusions and free perpetually model
41:18 Video hyperlinks and channel subscription