After completing the reading assignment " Competitive Benchmarking" Please answer the below questions. Please discuss with at least one other student.

• What are the factors that influence market conditions?
• How does a hotel ensure that is it appropriately positioned in market?

Answer rating: 100% (QA)

Answer To answer your questions Factors Influencing Market Conditions 1 Economic Conditions Economic factors such as GDP growth inflation and unemployment rates can significantly impact market conditi... View the full answer