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You are here: Home / CIP News / Four Ways To Compete Against New Properties In Your Market

Four Ways To Compete Against New Properties In Your Market

May 3, 2016 by CIP

It’s a nightmare that way too many hoteliers can relate to: an already saturated market being bombarded with new hotels left and right, each with shiny new technology, the comfiest beds in all the land and thousands of square feet of meeting space to entice even your most loyal annual groups.

Take a look at the chart below from our friends at CBRE Hotels. If you’re in one of the markets on the right side, new inventory is of extra concern to you:

Competition Chart

Click here for full article.

Filed Under: 2016, CIP News

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