Top 5 Ways to Monitor Group RFP Data and Stay Ahead of Your Comp Set

Monitoring real-time group RFP data is always important for hotels, but especially during periods of uncertainty and while on the road to recovery. Hotels with the greatest amount of data transparency are the ones that lead the way through tough times – and toward new opportunities.

In this webinar, Carleigh Fagre, Cvent’s Sr. Business Intelligence consultant, highlights the most effective ways you can leverage group RFP data using Cvent’s Competitive Set Dashboard.

You’ll learn how you can:

• Monitor fluctuating demand – booking windows, market segments, planner location, and more against your competitive set
• Analyze your RFP response and compare your property’s bid rate and response time
• Forecast surges in future demand for your property to understand when to adjust staffing
• Track cancellations using the ‘Canceled RFPs’ filter
• Leverage planner data to prospect and fill cancellations (e.g., target local planners, specific groups sizes, and more)