HOTEL BUSINESS REVIEW

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Mike Paton

With so much business being conducted "online" today, you may be tempted to let technology do all the heavy lifting for your hotel. After all, you probably get plenty of transient reservations via brand websites or TPAs, and perhaps your sales staff can barely keep up with all of the electronic RFPs you receive. Certainly, you and your sales team have had to change the way you work to accommodate the increased role technology plays in business today. But, like champion athletes, you must make sure not to rely too heavily on automation and just "go through the motions." And you shouldn't drastically change the way you work just because you're more frequently connecting with people online. Technology just creates additional ways to link buyers and sellers -- it's not meant to replace basic sales skills and old-fashioned hard work. READ MORE

Mike Paton

Today's hotel guest is more informed and demanding than ever. With dozens of choices at the fingertips of potential guests, how can your hotel rise above the crowd? To capture a bigger share of the market, your employees must focus on delivering more bang for the buck than your competition. Otherwise, guests decide where to stay primarily based on price and location. And that means you're nothing more than a commodity to most of your customers. Hotels with a guest-centered sales culture outperform competitors by building more value into every guest interaction. When your sales and service team is dedicated to providing a special experience for each traveler, you create preference and loyalty with your guests. And that helps you fill your hotel at a higher rate. Sounds simple, right? Anyone who's tried to build and maintain a sales culture knows it's not easy. But in working with more than 5,000 companies since 1986, we've found that it can be done by following three basic steps... READ MORE

Juston Parker

To group, or not to group, that is the question. It doesn't take William Shakespeare to pose the quandary facing many hotels of how much group business is good business and when does a group pose a risk to maximizing revenues at a property. To begin to answer this, we must first uncover the principles that hospitality pricing has always been under. Hotel Revenue Management has been and many times, still is, under the "department" of sales and marketing and the Director of Revenue, most of the time still reports to the Director of Sales. The Director of Sales has a mandate to fill the house and most sales managers focus on group business, so therefore the thought is "if we want a sales team, we want them to sell and they need to sell group". This then leads to the thought of "take group business and then if we get the transient to fill in the holes". These thoughts are fundamentally unsound and cost many properties hundreds of thousands of dollars. READ MORE

Juston Parker

Is it possible for a hotel to "create" demand? Is this just a myth used by Directors of Sales to try and stimulate the troops? When it appears that there is just no one wanting to visit your property, can you really "flip a switch" to drive people to your product? It is possible to create demand where there is none. First we need to uncover what is demand and how can it be managed and even stimulated. READ MORE

Juston Parker

The hospitality industry has been affected by many devastating events in recent years. The attacks of September 11, 2001 struck fear in travelers, and the airlines and hotels responded in unprecedented ways that completely changed the way we traveled. SARS fears reached to multiple continents as people feared the spreading epidemic. The war in Iraq and the increasing terror threats reduced attendance at the Olympics in Athens to unheard of low levels. Hotel occupancy and Revenue per Available Room or RevPAR (a key indicator in the hospitality industry) were expected to be at record highs but dropped to record lows. READ MORE

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