Environmental scanning

What is environmental scanning?

Environmental scanning constantly monitoring and assessing the external environment to spot changes and emerging trends.

The Hotel Price Reporter rate shopping tool can be used to perform environmental scanning.

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The latest news and guides on hospitality technology

Hotel rate intelligence: The essential market intelligence for hotel professionals

David Easton

Any successful revenue management strategy requires the right market intelligence. With so many metrics involved, it is essential for revenue managers to have the full analysis of the key market conditions, including the main competitor’s room rates, their occupancy levels, the on-line user reviews as well as the overall demand levels for the period in the local area.

Revenue Generation Index: What is RGI and why is it important to hotels?

David Easton

RGI stands for Revenue Generation Index. It is also known as RevPAR index and is one of the many Key Performance Indicators (KPI) hotel professionals use to track performance.

Booking.com rate shopper alternatives

David Easton

As you may have heard already, in late 2019 the OTA giant Booking.

Environmental scanning

What is environmental scanning?

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