GroupMetrix
Customers are aggressively seeking price reductions. 68% of properties surveyed indicated
that they “shop the competition” for group rates on a regular basis. However, when shopping for competitive pricing and strategy the methodology employed must reflect the true market environment.
Today's Highly Competitive Group Market
The shopping methodology must reflect a realistic price-resistant position
so that any pricing and strategy obtained reflects true market conditions.
The GroupMetrix methodology employs realistic
shopping scenarios that include aggressive
price-resistance responses to quotes.
