San Francisco

Miami

New York City

San Diego

Chicago

Seattle

 

 

 

 

Maintaining a high level of Market Visiblitiy requires a sharp awareness of changing trends, economic conditions, competitive growth, emerging technologies, and the increasingly savvy and well-traveled guest.

It is essential that a Hotel maintain a clear understanding of the clientele's expectations and needs. If not, new and repeat business may quickly opt for other choices in the Market Place. Important factors such as services, amenities, dining venues, facilities, pricing structure, décor, service style, and a multitude of other details are key to making a substantial impact in the competitive arena as well as increasing business year after year.

Whether staying ahead of the curve or considering a new market, an
eXceed Market Survey & Feasibility Study
provides the necessary information to make highly informed strategic decisions.

Our fully customized report includes, but is not limited to, the following areas of analysis

  • Demographic and Economic Breakdown of a Market Place:
    - Population & Age Groups
    - Tourism Factors
    - Housing
    - Workforce
    - Family Income
    - Other Metropolitan Comparisons
    - Major Industries
    - Primary Employers
    - Local and Regional Neighborhood Analysis
    - Graphics and Charts where applicable
    - Market Observations by an eXceed Analyst:
    - Location
    - Competition
    - Influential Events
    - Culinary Trends—National and Local
    - Transportation
    - Upcoming Developments and Renovations
    - Graphics and Charts where applicable


  • Hotels in the Market Place:
    - Types of Hotels: Convention, Luxury, Boutique, etc.
    - Neighborhood/Area
    - Number of Rooms
    - Single Room Rack Rates
    - Restaurants on Property: Check Averages, Meal Periods, Cuisine, Awards, etc.


  • Restaurants in the Market Place:
    - Number of Restaurants according to Local Neighborhoods
    - Restaurants in Local Neighborhoods
    - Type of Restaurant
    - Meal Periods
    - Hours of Operation
    - Price Range for each Menu Category


  • Photographic Essay of the Market Place:
    - Entertainment & Attractions
    - Convention Centers
    - Parks
    - Museums
    - Theatres
    - Sports
    - Other Attractions


  • Conclusion:
    - Suggestions of action to take regarding your established needs and goals.

 

 

Download our Sample Market Research & Feasibility Study

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