Question

you operate a hotel chain that target the low market and low margin segment. who will be your competitor in the digital world​

Answer 1

Answer:

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Answer 2

Your competition in the digital world will probably be other hotel chains that also target the same client group if your hotel chain targets the low market and poor margin segment. They might consist :

• Cheap hotel chains: There are numerous budget hotel chains that cater to travellers looking for inexpensive lodging. These hotel chains include Motel 6, Super 8, and Red Roof Hotel, to name a few.
• Travel booking websites (OTAs): The popularity of online travel agencies (OTAs) like Expedia, Booking.com, and Hotels.com is high among clients looking for affordable lodging. Customers can use these services to compare hotel prices and reserve rooms at a lower cost.
• sharing economy platforms: Sharing economy platforms like Airbnb and VRBO allow people to rent out their homes or apartments to travellers. these platforms can be a less expensive alternative to traditional hotels, especially for travellers who are looking for longer-term stays.

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