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HSMAI Reports
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Includes benchmarks and models for contextual understanding. Analytics are focused on client decisions in three organizational areas: chain/brand management, operations, and marketing. BRAND MANAGEMENT & OPERATIONAL DECISIONS OPTIMIZATION/ModelSM - Identifies guest choice drivers by travel purpose, segment, and competitive set, and relates to chain competitive position (gap), yielding an overall metric indicating the relative amount of effort required to leverage each feature in order to optimize chain potential. Chain/Property Feature Decisions for ROI Maximization:
Identifies the features needed for success and the competitive level
of execution needed for optimized customer pay-off Pricing Decisions Refinement for Maximizing Competitive RevPar: Competitive price sensitivity demonstrates how much you can increase rate while retaining guests/occupancy and/or how much to reduce rates to gain share without product improvement. REVPAR GAIN/ModelSM - Utilizes dollar-based differences in rate between you and competition before customer will change hotels. Rate curves are generated revealing the percent of customers that will or will not change hotels for each dollar increase or decrease in room-rate difference between hotels in the same market. MARKETING DECISIONS Advertising Focus: Opportunity to tune communications given competitive brand features that guests respond to. Program Implementation & Focus: Opportunity to develop and refine marketing plans based on knowledge of importance of such programs to guests and your competitive position. Targeting (Business vs. Leisure Travelers): Identifies important groups of travelers based on similarity in who they are and what they want. GUEST SEGMENTATION/ModelSM
- Analytics provide actionable descriptions of hotel user groups/clusters
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