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 2020...

Revenue Management: Maximizing Profit

Hotel Revenue Management continues to evolve at a blistering pace. Driven by technological innovation and new distribution channels, there are some dynamic opportunities for expansion in this fast-growing field. The technology is primarily designed to help revenue managers further refine their operations and pricing models to maximize hotel profit. For example, hotels can't be all things to all people, so a key strategy is to precisely identify their target audience. By employing geo-targeting techniques and analyzing behavior such as previous bookings, on-property purchases and online shopping practices, there is an increased capability to define guest demographics. By segmenting customers in more specific ways, hotels are able to create more personalized experiences which, in turn, allow managers to optimize their room rates. It is also an effective way to fulfill the unique needs and preferences of the individual. Another methodology is to consistently monitor the competition's pricing strategies. There are software tools that analyze a competitor's current rates, and then allow a hotel to make its own pricing adjustments. It is also a useful means to conduct forecasting models. Other technologies that are being integrated into a revenue manager's toolkit include Artificial Intelligence in the form of automated algorithms, and Voice Recognition (VR) for data inquiries, rate changes, and booking behavior. Predictive and analytic software programs are also being leveraged to provide more forward-looking data, instead of the usual reliance on historical performance. These metrics allow managers to be more proactive - rather than reactive - with their revenue strategy. The October issue of the Hotel Business Review will examine these developments and report on how some leading hotels are executing their revenue management strategies.