Hotel Quality Index (HQI)
Elevate Your Pricing Strategy with the Hotel Quality Index
Understanding the overall quality of your hotel and the expectations of different market segments is essential for identifying the most profitable customers. BEONx Hotel Quality Index (HQI) is the only index in the market that measures hotel quality and positions it against competitor pricing.
Drive Revenue with Quality-Based,
Customer-Centric Pricing
This comprehensive index objectively compares hotels across the market, taking into account various factors such as segmentation, objective quality, and online reputation. By analyzing the relationship between the HQI and each hotel’s selling price, you can gain critical insights into market positioning.
- Comprehensive Quality Assessment: Measure both objective and subjective quality to inform pricing strategies.
- Segmented Willingness to Pay: Understand how different segments value quality based on their experiences and budgets.
- Dynamic Pricing Calculations:Utilize behavioral insights to calculate the likelihood of selling rooms at specific prices.
- Occupancy and Demand Integration: Leverage current occupancy levels and demand forecasts to optimize pricing.
- Fair Pricing Perception: Ensure guests perceive prices as fair, enhancing loyalty and customer retention.
- Strategic Competitive Positioning: Analyze the relationship between hotel quality and competitive pricing to understand market positioning.
- Dynamic Price Calculations: Continuously evolve pricing strategies based on real-time market data and guest behavior.
WHY BEONx?
+ 6-15%
RevPAR
Our clients achieved a 6-15% increase in RevPAR, transforming their revenue potential into exceptional results.
Streamline processes
BEONx enables hotels to streamline their revenue management processes, enhancing efficiency and driving profitability.
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Discover how leading hotels and resorts thrive with BEONx.
Trusted by leading hotel groups and independent hotels across the world
Unlock your potential
Speak with one of our dedicated hotel experts and get started on your journey to sustainable profitability.
