Welcome to the Friday Freebie!
Each week we share one impactful hotel marketing tactic that you can implement immediately to drive more conversions and more revenue.
This week’s Freebie:
Stay ahead of new compset properties. Harvest your city’s special events to get ahead of lucrative group business opportunities.
Nothing can shake up your group sales numbers more than a new hotel in your compset. Meeting and group travel planners are hungry for what’s new and will likely include the new space in their consideration set… unless you employ smart strategies to provide your hotel with a constant flow of revenue from other sources.
John Washko, VP of Expo & Convention Sales at Mohegan offers this powerful tip:
Work ahead by keeping close tabs on all the special events scheduled for your city as far in advance as possible; monitor the area’s convention centers, concert venues and CVB websites. Events, such as conventions, sporting events or concerts, almost always bring meeting and/or group opportunities with them.
Your sales team should be researching and reaching out to any related clubs or organizations that would likely travel to attend the event, then directly offer up a block of rooms at a group rate. Your hotel can offer even more value through discounted transportation to the event.
For example, consider a Bon Jovi Fan Club, says Washko. This is a group, typically ages 40 to 50, that are enthusiastic fans of Bon Jovi and travel to his performances. Other examples are car clubs for major races or car shows.
Washko says the key to staying ahead of your new comp set is by being the first to reach out to these groups. So, set up processes with your sales managers to seek out these groups several months in advance.
Get more examples: The New Supply Threat: How Hotel Sales Teams are Fighting Back
Tambourine uses technology and creativity to increase revenue for hotels and destinations worldwide. The firm, now in its 33rd year, is located in New York City and Fort Lauderdale. Please visit: www.Tambourine.com