{"id":16267,"date":"2024-01-02T19:41:13","date_gmt":"2024-01-02T19:41:13","guid":{"rendered":"https:\/\/www.growthink.com\/?page_id=16267"},"modified":"2024-02-16T12:19:32","modified_gmt":"2024-02-16T12:19:32","slug":"competitive-analysis","status":"publish","type":"page","link":"https:\/\/www.growthink.com\/businessplan\/help-center\/hotel-business-plans\/competitive-analysis","title":{"rendered":"Hotel Business Plan Competitive Analysis"},"content":{"rendered":"<h1 style=\"font-size: 35px;\"><strong>Hotel Competitive Analysis<\/strong><\/h1>\n<p>Not all hotels in town are your direct competitors. Those that target a different market, as well as restaurants and other businesses that target a different need within your market, are known as indirect competitors. Describe each direct competitor, or hotel that targets your market, individually and explain how your hotel differs from theirs. Group your indirect competitors into a single unit and talk about them as a whole.<\/p>\n<div class=\"promo\" style=\"margin-bottom: 15px;\"><a href=\"https:\/\/businessplantemplate.growthink.com\/hotel\/?utm_source=hotel-business-plans&#038;utm_medium=NA&#038;utm_campaign=seo\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #008cba;\">You can download our Hotel Business Plan Template (including a full, customizable financial model) to your computer here.<\/span><\/a><\/div>\n<div>\n    <button class=\"btn-right\" onclick=\"window.location.href='\/businessplan\/help-center\/hotel-business-plans\/customer-analysis';\">< Previous: Customer Analysis<\/button>             <button class=\"btn-right\" style=\"float: right;\" onclick=\"window.location.href='\/businessplan\/help-center\/hotel-business-plans\/marketing-plan';\">Next: Marketing Plan ><\/button>\n<\/div>\n<p><script src=\"https:\/\/code.jquery.com\/jquery-1.8.3.min.js\"><\/script><script>$(function(){  $('a').each(function() {    if ($(this).prop('href') == window.location.href) {      $(this).parent().addClass('current');    }  });});<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hotel Competitive Analysis Not all hotels in town are your direct competitors. Those that target a different market, as well as restaurants and other businesses that target a different need within your market, are known as indirect competitors. Describe each direct competitor, or hotel that targets your market, individually and explain how your hotel differs [&hellip;]<\/p>\n","protected":false},"author":29265,"featured_media":0,"parent":8416,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"class_list":["post-16267","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.7 (Yoast SEO v26.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hotel Business Plan Competitive Analysis<\/title>\n<meta name=\"description\" content=\"Here&#039;s how to create the Competitive Analysis section for your hotel business plan.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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