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HOTEL BUSINESS REVIEW

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Florence Quinn

Now that states have begun to lift stay-at-home orders, people are venturing out. For hoteliers to secure their business, it's important to first understand who is traveling, where they are going and what's important to them. Armed with this information, hoteliers can then craft messaging, programs and offers that cater to consumers' level of comfort, interests and desires. To recoup lost revenue and jump start the comeback, it's important that hotels get in front of American travelers to capture their attention and dollars. To start the creative gears churning, here are eight ways to increase buzz, connect with travelers and increase bookings. READ MORE

Michelle Anseeuw

It is a new era for Sales & Marketing in the Hospitality industry. Uncertain future demand, new customer demographics, reduced base business, new venue restrictions and many similar factors are likely to impact how Sales & Marketing teams perform business during these times. It is imperative to consider all tactics and strategies that will deliver optimum results, as well as pushing them into fruition in order to redefine success. Old methods and customary approaches must be reimagined, and teams must be resilient in order to reinvent themselves and their hotels in order to gain a larger share of the smaller market. READ MORE

Brenda Fields

During this pandemic and for many years to come, there will be significant analysis on lessons learned. And there will be innovations and new ways of thinking and doing business. The thoughtful hotelier has already determined that life is irreversibly altered and our understanding of hotels has forever changed. Deloitte Consulting has provided a leadership framework that breaks down this process: Respond. Recover. Thrive. It is how that process is managed that is the key. And one can argue that, at the heart, is marketing. READ MORE

Lucille Yokell

In preparing for this story I spoke with sales and operations people including general managers from the hotel side – small and large. Some are privately owned and flagged, some are independently owned and operated, some have management companies and others are part of the larger branded organizations. I spoke with customers – those with corporate travel programs, those who book individual travel, those who organize corporate meetings and events and those who contract with hotels to then resell the rooms to the public either directly or through another company. I also spoke to guests. And one thing we can all agree on is that some big changes are coming… READ MORE

James Downey

The hotel industry was hit hard by the COVID virus earlier on in 2020 and may be the last to completely recover. Cancellations have outpaced bookings by a 3 to 1 margin at third-party reservation websites and recovering lost revenue will be a serious hardship hotel companies may not be able to withstand. In the face of this monumental and unprecedented medical malaise, only those lodging companies that can adapt and adopt to providing guest-conscious safety and prevention measures will be the ones to see a light at the end of the tunnel so as to stave off catastrophic losses and/or bankruptcy. READ MORE

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