Hotelier Perspectives

Look no further for unique insights and actionable advice from the hospitality industry’s most distinguished thought leaders and experts.

The Future of Resorts: Magic 8 Ball Predictions for the Next Decade

The hospitality industry, particularly the resort sector, is on the cusp of significant transformations. Over the next decade, technological advancements, changing consumer preferences, and a heightened focus on sustainability will redefine the landscape of resorts. This article delves into the key trends and predictions shaping the future of resorts, offering insights into what guests and industry stakeholders can expect in the coming years.

Leveraging Historical Data for Effective Seasonal Planning in Hotels

The hospitality industry goes through shifts in travel and tourism, requiring hoteliers to react accordingly. Not only this, but each hotel will have ebbs and flows dependent on its locale, client base, affiliations, and offerings. The importance of seasonal planning in the hospitality industry cannot be overstated.

How a hospitality CDP empowers smarter, faster decisions

Which guests should you target? How will you attract them? What package should you offer them to get them to book?

Eliminate Customer Anxiety

If you have been to a Disney theme park, you know about standing in long lines. There are also signs that tell you how long your wait will be. Guests like this.

Why Case Studies Matter in Hospitality Marketing

In the fiercely competitive hospitality industry, marketing agencies play a pivotal role in helping luxury hotels and resorts stand out. A well-crafted marketing strategy can make the difference between a thriving property and one that struggles to fill rooms. One of the most compelling ways these agencies can demonstrate their value to potential clients is through detailed case studies of past campaign performances. Here’s why these case studies are essential and how they benefit both the agency and the client.

What’s In a Name: The Imperative of Strategic Hospitality Branding for a New Era of Travel

In today’s hospitality landscape, where consumers are presented with an ever-expanding number of choices, the power of a strong brand cannot be understated. Branding is more than just logos and slogans; it’s a comprehensive strategy that defines and communicates the essence of a hotel’s values, promises, and experiences to potential guests. As we navigate a global hospitality industry valued at over $4.7 trillion, with expectations to surge to $5.5 trillion within 2024, understanding and implementing a strategic, ground-up approach to branding has never been more critical. Recent insights reveal that younger generations, especially Millennials and Generation Z who are projected to make up 45% of luxury sales by 2025, are dramatically shaping the tourism and hospitality landscape with their unique preferences and behaviors.

Email Marketing for Hotels: A Complete Guide to Increase Bookings & Revenue

In the competitive landscape of the hospitality industry, email marketing has emerged as a powerful tool for hotels to increase bookings and revenue. With the ability to reach potential and existing guests directly, email marketing offers a personalized approach that can drive engagement, loyalty, and conversions. This guide provides a comprehensive overview of effective email marketing strategies tailored for hotels, helping you leverage this tool to its fullest potential.

AI’s Flight Path: The Emergence of the Chief AI Officer (CAIO) in the Hotel and Airline Industries

The "Chief AI Officer"—or CAIO—is one of the hottest new job titles in the corporate circuit, and both the hotel and airline industries are embracing this role to stay competitive in the digital era. LinkedIn reports that the number of companies with a “Head of AI” position has more than tripled in the last five years. When IBM and Dell cut the ribbon for their Chief AI Officers last year, the race was on, and it wasn’t long before Accenture, Arizona’s renowned Mayo Clinic, and WPP heard the call and announced their very own CAIOs.

Beyond Booking: The Future of Hotel PMS in an Omnichannel World

In the not-so-distant past, hotel PMS were glorified booking engines, handling reservations and basic operations like housekeeping. Fast forward to today, and the hospitality world demands a PMS that can juggle more than just bookings. Welcome to the era of omnichannel integration, where a seamless, interconnected approach isn’t a luxury - it’s a necessity.

From Proposal to Partnership: How to Succeed as a Hotel Supplier

It’s about walking the talk in hospitality. Hotels rely on vendors for essential services, goods, and materials to keep their daily operations running smoothly. Becoming a hotel vendor is a fantastic opportunity to grow your business, reach new customers, and boost sales. Plus, your product or service could make a significant difference by helping hotels save time, money, and resources. However, getting in front of potential hotel clients can be trickier than it seems. On the InnSync Show, Cory Falter had a conversation with Jill Dean Rigsby, CEO and Andy Haynes, Vice President of Strategic Growth of iDEAL Hospitality Partners, to share insider tips for becoming a hotel vendor. Here is what they had to say. How to Sell to Hotels Becoming a hotel vendor or supplier can be a long but profitable process. The key is to take the time to get to know your prospects and focus on building solid relationships. Be hospitable. Be nice. Be welcoming. In addition to relationship building, there are a few other considerations to get started. To start, research the different types of vendors needed by hotels so you can choose the ones that best fit your product or service. Make sure you understand their needs and how your product or service can help them, as well as the positive impact it could have on the hotel. To become a vendor for hotels, you must meet certain requirements set by the hotel in question. These requirements may include proof of insurance, certifications or licenses, references from former clients and/or suppliers, and a good reputation for reliability and quality products. In addition, you should also have sufficient capital to finance any projects that may be involved in the contract with the hotel. Understand the purchasing process of hotels Hotels generally use a formal purchase order system when dealing with vendors. This involves submitting an application or proposal detailing what services, goods, or materials you can provide and how much they will cost. Hotels may also require proof of insurance, certifications, or licenses from vendors before signing a contract. Preparing the required documents Once you have understood the purchasing process that hotels use, it is important to prepare all the necessary documents. This includes providing references from previous customers and/or suppliers, proof of insurance, as well as any certifications or licenses needed for your type of business. Having all this ready in advance can make the process smoother and quicker. Marketing your services to hotels Now it is time to market your services to hotels. Networking with other vendors and hotel managers is a great way to get your name out there and make sure that hotels are aware of what you are offering. Here are some tips to market to hotel brands you wish to work with: Social selling Cold calling Trade shows Trade associations Content marketing Email marketing Creating a memorable customer experience Finally, it is important to focus on creating a memorable customer experience for hotel clients. This involves delivering high-quality products or services in a timely manner, as well as providing excellent customer service. Creating an exceptional customer experience will ensure that hotels remember you and return for future business opportunities. Hospitality Vendor Questions & Answers with Cory, Jill & Andy Where do hotels get their products? Hotels often purchase products from various sources, such as distributors, wholesalers, or online retailers. The vendors they choose usually depend on the specific needs of the hotel and their budget. Why is the process of becoming a hospitality vendor so complex? The process for becoming a hospitality vendor can be complex because hotels have specific requirements that must be met. Additionally, there are actually five different stakeholders: owners, management, companies, brands, group purchasing organizations, and then the individual property itself. The trick is knowing which one of those stakeholders you need to get to and who is the right fit for your product. Andy says, "if you go to the wrong one, you’re going to get bounced around trying to figure out who the right person is, and you’re wasting a lot of valuable time." Cory adds, "oftentimes, the person you’re seeking isn’t even in the hotel itself." "So much depends on the product itself," Julie says. "That’s going to drive who the decision maker is going to be, then you have to drill down to each department within the stakeholder groups." Hotels are almost like several different businesses under one roof. An additional layer of complexity is a reluctance to change. Cory says, "finding the right person is one thing, which is a challenge in itself. But having them take a look at something that may be new to them. Our industry obviously is not big on making revolutionary changes." What is the best way to market your product or service to a hotel? There are thousands of ways a hospitality vendor can market to hotels. The best way to get started is by customizing your pitch depending on the recipient. You’re going to present to a hotel owner differently than you’re going to pitch to a general manager. In addition to customizing your messaging, here are some key principles to help. Be hospitable - be the supplier that "walks that walk" and be hospitable. Be proactive, not reactive - in following up with clients and checking in on the product or service. Know your audience - when working with a management company or an owner, know your audience and do your research. Andy says, "more than likely, when you’re selling to a hotel, you’re being a ’proof point’ for others. Other management companies and hotels are going to want to look at the example of how your product is doing." Cory adds, "Social proof, such as case studies and testimonials, are important for new products, but make sure you have three solid experiences before trying to sell them." Hot Tip: If you’re able to pilot a product or service, make sure to deliver an exceptional experience to that hotel. Your success there will be a great proof point in all future sales conversations. What are some special considerations that you would need to be aware of? When working with hotels, there are some key things that vendors need to keep in mind. First, it’s important to be familiar with the hospitality industry. Hotels have a different language, protocols, and expectations than other industries. Jill says, "It is important to be aware of how stakeholders’ expectations tie into decisions about hotel specifications and brand standards." Second, consider all of their stakeholders, from hotel owners and corporate staff to housekeeping and engineering. Third, make sure you’re up-to-date on any relevant certifications. This can only add value to your pitch, as it’s one less thing for a hotelier to be concerned with. According to Jill, "you should be prepared to offer an analysis of the financial plan for the hotel and understand what goes into deploying a product. If you are looking to get a GPO deal, be prepared to offer allowances based on revenue, as well as liability insurance that meets their standards." Finally, Jill says, "it is becoming increasingly important for suppliers to demonstrate sustainability policies and diversity profiles within their organization or supply chain partners." Vendors need to be prepared for change and adaptation. Hotels, especially large chains, are constantly evolving and making changes to keep up with the times. YOU MAY ALSO ENJOY: 3 Quick Actionable Tips You Can Take Today to Get High Quality Leads What is one of the biggest misconceptions or secrets about selling to a hotel? One of the biggest misconceptions about selling to a hotel is that it is an easy process. You may be thinking, "I’ve got a great product, I can walk right into a hotel and make a sale." Andy says, "the reality is, you’ve got to know who the right person is to talk to. If you go in and try to hit the wrong person with a great idea, it’s not going anywhere." It takes research, patience, and excellent customer service to establish relationships that lead to sales. Jill adds, "as a supplier, your goal should be to build relationships." "And as a supplier," Cory says, "your ultimate goal is to be a trusted advisor." People in hospitality especially want to do business with people they know and trust. Additionally, hotel vendors and suppliers should lead by offering a solution. Buyers are looking for solutions rather than products or services. They want to know how your product or service can help them reach their goals and improve the quality of customer experience. By showing that you understand their needs, you can help them find ways to make the most of their budget while improving efficiency and customer satisfaction. This is how you will ultimately become a trusted vendor for hotels. The key takeaway here is that cultivating relationships and providing solutions is essential to becoming a successful hotel vendor. With the right approach, you can achieve success in this special industry. Vendors looking to become successful hotel vendors should keep in mind the importance of understanding the hospitality industry, taking into account all stakeholders, having relevant certifications, being prepared for change and adaptation, building relationships with buyers, and providing solutions to their needs. With this approach, you can become a trusted vendor in the hotel industry. By following these steps, you can become a successful hotel vendor in no time! With the right preparation and marketing efforts, you can start building relationships with hotels and expanding your business. Good luck! For more in-depth conversation on this topic, check out: Insider’s Secrets to Becoming a Vendor for Hotels

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