You can see other homestays operating around you.

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vi. Theme or concept Do your competitors' homestays have a specific theme? Or do they look the same as most of the other homes out there? When we have complete data and information about the businesses of competitors operating around us, In Shaa Allah we can make good decisions. At least we know what level of service we need to provide , to ensure that customers will choose us over staying at a competitor's homestay. Actually, in this analysis phase, we should also be able to determine whether or not there is demand in the area where the homestay business will be conducted.


How do we know if there is a demand for homestay services in a particular area? In my croatia phone number resource opinion there are two ways. The first way is to make an analysis of location factors . Read here: Choosing a strategic location for a homestay business The second way is to identify the reason why someone goes on a trip . Read here: Why do people travel? The third way is to analyze your competitors and see how many bookings they have received throughout their business. For this method, we can use any online travel agency booking platform.


In this example, I am referring to the Airbnb.com website or platform. I want to know how many homestays there are in Kota Bharu, Kelantan and here are the search results I got. According to data from Airbnb, there are over 1,000 places to stay that can be booked through Airbnb. In this situation, the demand & supply factor will also have an impact on the bookings you will receive. On the one hand, if the demand for accommodation is less than the supply at a given time, this creates a situation where an over-supply situation occurs .