Same as the Bible story of how David defeated Goliath the giant with his wisdom, small to medium-sized boutique hotels should avoid the competitors’ strength and strike their weaknesses with out-of-the-box thinking and agility.
"'Small can beat big, but you must have a plan.' Boutique hotels can outperform large scale corporations by agile planning and precise execution. Who doesn’t love an underdog story.”
Just as the Tai Chi wisdom says, “A small momentum can be leveraged with the correct technique to overpower a strong brutal force.” It is very inspirational for all boutique hotel operators in how they should formulate strategies.
Greek Mathematician Archimedes once said, “Give me a place to stand on, and I will move the Earth.” Only we need to utilize an accurate and precise sales and yield management strategy, we can maximize the hotel yield and revenue.