Editorial Board   

Ms. Pingston

Julie Pingston

President, Event Service Professionals Association (ESPA)

Julie Pingston, CMP, CTA is the current President of the Event Service Professionals Association (ESPA) and is Senior Vice President for the Greater Lansing Convention & Visitors Bureau in Lansing, Michigan. She has been with the GLCVB for 21 years and works in conjunction with the Bureau's President in overall organizational operations.

Ms. Pingston also has direct oversight over convention services, membership, the Greater Lansing Sports Authority, the Certified Tourism Ambassador Program and special events which are coordinated by the organization.

Previously, Ms. Pingston worked in Washington, D.C. for the United States Travel & Tourism Administration within the U.S. Department of Commerce. While there, she assisted in planning international conferences and Board Meetings as well as administering a disaster relief assistance grant program.

Ms. Pingston chaired ESPA's 2014 Annual Conference and is a member of MSAE, MMPI and the Rotary Club of Lansing. She also serves as the President of the Arts Council of Greater Lansing, President of the Rotary Club of Lansing Foundation and Secretary of the Tourism Industry Coalition of Michigan.

Ms. Pingston was Michigan Meetings and Events Magazine's Hall of Fame Inductee/Supplier of the Year (2008), MSAE's Diamond Award Winner (2009), MMPI's Mentor of the Year (2011), ESPA's Member of the Year (2004), ESPA's President's Award Recipient (2009) and ESPA's Executive Excellence Award Recipient (2013).

Please visit http://www.espaonline.org for more information.

Ms. Pingston can be contacted at +1 517-377-1412 or jpingston@lansing.org

Coming up in October 2019...

Revenue Management: Focus On Profit

Revenue Management is still a relatively new profession within hotel operations and as such, it continues to evolve. One significant trend in this area is a shift away from using revenue as the foundation to generate key performance indicators (KPIs) and to instead place the emphasis on profit. Traditionally, revenue managers have relied on total revenue per available room (TrevPAR) and revenue per available room (RevPAR) as the basis of their KPIs. Now, some revenue managers are using gross operating profit per available room (GOPPAR) as their primary KPI. This puts profit at the center of revenue management strategy, and managers are increasingly searching for new ways to increase the profitability of their hotels. Return on Investment is the objective of any hotel investment, so it is only logical that profitability and ROI will be emphasized going forward. Another trend is an expanded focus on direct hotel bookings. Revenue managers know that one way to increase profitability is to steer guests away from online travel agencies (OTAs) and book directly with the hotel. This tactic also reinforces brand identity and loyalty, and encourages repeat business. In addition, it provides a valuable platform to market the hotel directly to the customer, and to upsell room upgrades or other services to them. Another trend for revenue managers involves automation in their software programs. Revenue management systems with automation are far more desirable than those without it. Automating data entry and logistics increases efficiency, allowing managers to spend more time on formulating strategy. As a bonus, an automated system helps with aggregating and interpreting data. The October issue of the Hotel Business Review will address these developments and document how some leading hotels are executing their revenue management strategies.