Editorial Board   Guest Author

Mr. Seddon

Tom Seddon

Chief Marketing Officer, Extended Stay America

Tom Seddon currently serves as the chief marketing officer for Extended Stay America - a category leader with the largest distribution of owned and operated extended-stay hotels in the country. Appointed in April 2012, Seddon's responsibilities include sales, marketing, E-commerce and revenue management for the 629-property portfolio. Prior to joining Extended Stay America, Mr. Seddon spent nearly 15 years with Intercontinental Hotels Group (IHG), whose $19 billion global portfolio includes the Intercontinental®, Crowne Plaza®, Holiday Inn®, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites® and Hotel Indigo® brands. Quickly rising in the company, he served most recently as chief marketing officer from 2007-11, managing a $1 billion expense budget. During his tenure, Mr. Seddon had a track record of improving operational efficiency and effectiveness, including leading part of IHG's restructuring in 2003, reducing operating costs 30 percent as well as many other initiatives such as cutting call center operating costs in half. He has a consistent record of driving outperformance versus the competitor set for brands he's managed. He is recognized throughout the lodging industry for successfully re-launching the Holiday Inn® brand globally with improved facilities and service levels, developing the Holiday Inn Express® “Stay Smart” campaign and doubling the size of the company's loyalty program. From 2004-2007 Mr. Seddon was chief executive officer of the Subway Franchisee Advertising Fund Trust, an autonomous organization created to provide marketing and advertising globally for the $8 billion business. Reporting directly to a 14-member board of elected franchisees, he oversaw all worldwide marketing activity designed to build sales and revenue, and sustain performance. In this role, he developed “Fresh Fit,” the first ever AHA-endorsed QSR meal. In addition to Mr. Seddon's hospitality marketing and general management experience, he has also participated extensively in government affairs activity such as the AHLA Legislative Action Summit, White House Obesity Summit, and serving as a panelist on the FTC Panel on Best Practices in Data Privacy. Mr. Seddon received his Bachelor's Degree in Electrical and Electronic Engineering with honors, and a Masters of Engineering from the University of Bath, UK. He currently lives in Charlotte, N.C., with his wife and two children.

Mr. Seddon can be contacted at 980-345-1621 or tseddon@extendedstay.com

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.