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Since RevPAR is a measurement for a particular period of time (say a day, or month or year) it is most often compared to the same time frame. It is often used in comparison to competitors within a custom defined market, trading area, or advertising region or a self-selected competitive set as defined by the hotel's owner or manager, which is referred to as RevPAR Index or RGI (Revenue ...
MKG Group is a consulting and market research firm based in Paris, France.The group operates various divisions within the tourism, hotel and hospitality sector, [1] [2] namely monitoring global trends in supply, demand and pipeline growth, including the worldwide chain hotel brand and chain hotel group rankings, as well as conducting specialised industry research for stakeholders, private ...
STR, Inc. is a subsidiary of CoStar Group that provides market data on the hotel industry worldwide, including supply and demand and market share data. The company has a corporate headquarters in Hendersonville, Tennessee, an international headquarters in London, England and offices in Italy, Dubai, Brazil, Singapore, Tokyo, Jakarta, Sydney, and Beijing.
The hotel industry’s comeback from the dead is being threatened by filthy rooms, angry guests and a fed-up workers’ union. ... according to an analysis of federal data by Unite Here, a union ...
A market analysis studies the attractiveness and the dynamics of a special market within a special industry. It is part of the industry analysis and thus in turn of the global environmental analysis. Through all of these analyses the strengths, weaknesses, opportunities and threats (SWOT) of a company can be identified.
In the service sector, for example, Choi and colleagues date the industry cycles of the US hotel industry and restaurant industry. [12] They establish the mean duration of the business cycle, measured with aggregate activities in absolute level, as about 7.3 years for the U.S. hotel industry; and for the U.S. restaurant industry, as about 8 years.
The six forces model is an analysis model used to give a holistic assessment of any given industry and identify the structural underlining drivers of profitability and competition. [ 1 ] [ 2 ] The model is an extension of the Porter's five forces model proposed by Michael Porter in his 1979 article published in the Harvard Business Review "How ...
Following the U.S. surgeon general's new advisory linking alcohol to seven different types of cancer, hotels are expanding alcohol-free offerings. Travel industry experts speak out.
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