8 Lodging Brand Resources to Increase Revenues

We are increasingly called upon by mortgagetarget an untapped base of new guests. Yes, I
holders to aid hotels that are facing financialknow you are going to pay for the points you
troubles. Sometimes were called in preparation ofgive to these guests, but again this is not a valid
a foreclosure action to begin arrangements for acomplaint as you should be pricing your best
receivership and at times when the mortgageavailable rate with this along with all discounts,
holder is exercising its rights under the terms ofcosts and commissions in mind.
its loan to interject professional management.Group, Motor Coach and National/Global Sales
Fortunately, we are noticing a new and developingOffices: I have to confess that I have yet to
trend from alert hotel owners who are awaremeet one director of sales or general manager
that things are not quite right and do notwho can name their contacts in the group, motor
understand why their hotel is not producing thecoach and/ national sales offices of their brand.
revenues it should. These owners are smart inThese account managers are dying to know
seeking outside expertise before it is thrust uponmore about your hotel and what it offers
them. It can allow them to negotiate out of a(especially if it is unique to your brand such as a
receivership or forced management situationselect service branded hotel with an attached
before it happens.conference center, a location next to the number
One common thread among these and all ourone motor coach stop in your market or about
clients whether multi-unit owner-operators oryour corporate amenities package that is above
family-operated motels is they have not fullythe brand standards. Have contact with them and
utilized the resources available to them from theirteach them about your individual hotel. But, please
franchised brand. It is a shame really, brands workdo not try to tell them how great you are during
hard to provide value for their franchisethe height of the RFP season. Reach out to him
community and so often their efforts goor her in January when they are not frazzled by
unnoticed and underutilized. Below are eight keyall of the activity. These national account
resources available through most major lodgingmanagers are calling on the top decision makers
brands. Speak with your sales teams and generaland influencers at the largest national accounts. It
managers to learn more about how they areis important that they know you and have a
being utilized at your hotel(s).relationship with you and your hotel.
Brand and On-line Travel Agency Partnerships: ItSpeaking of visiting, have you visited the brand
was not long ago that the online booking sitesreservation center to do a presentation?
that marketed to the public were based upon aPerformance Reports: Nothing highlights your
wholesaler model; taking control of your roomopportunities like comparison data. Reports like
inventory at a great price reduction and reselling itSTAR from Smith Travel Research and
at the highest possible price pocketing theHotelligence by TravelClick are often provided at
difference. For the most part those days areno charge by your brand. Take the opportunity to
behind us. Brands that are focused on maintainingevaluate where your opportunity lies and create
long-term quality and rate integrity have forcedsales strategies for revenue growth. Does the
the third-party sites into arrangements that areSTAR report indicate in your market that hotels
much more favorable to hotels. Sites like Orbitz,of your brand scale, location and price-point are
Expedia, hotels.com, etc. have experienced andachieving a higher average daily rate or
extreme makeover as on-line travel agencies.occupancy? What will you do about it? Does the
Major brands have negotiated new agreementsHotelligence report indicate that you competitors
where the on-line agency and hotel agree tohave attracted a new account in the market?
maintain pricing integrity and to work on aObtaining these reports and understanding how to
commission model like a traditionalutilize them to grow revenues is essential to
bricks-and-mortar travel agency. Yes, thelong-term financial success.
commission is slightly higher than the traditionalCo-Operative Promotions and Advertising: Brands
10% (about 15-20%). However, you no longeroften create regions that can cooperatively
turn over valuable room inventory to them that ispromote their area and split the costs of
out of your control. You can allot any amount ofpromotion among the participant and often even
rooms you want when you want. Would you paythe brand. There can also be marketing funds or
a slightly higher travel agent commission off yourcredits against your marketing fund fees for
best available rate on an off day while stillopening or converting hotels.
maintaining price integrity? I hope you would.Training: Our firm conducts direct sales training
In the arena of on-line travel agencies, do notconferences periodically throughout the year often
forget about the online government travelon behalf of national brands. Do not miss the
agency, Fedrooms, the Federal Premier Lodgingopportunity to attend training and to assist your
Program. It a must participate program for thosesales team members and general managers, yes I
seeking the government traveler. Major brandssaid general managers, in learning more about
(Choice, Hilton, Wyndham, LaQuinta, and IHG) areselling. Attending a one-time mandatory sales
all there advertising and may have tie-intraining seminar is helpful but is not going to hone
advertising opportunities for you at little or nothe skills of your staff to an expert level.
cost.Repetitive sales training with multiple facilitators will
Brand Promotions & Packages: Most lodgingaid them in growing their skill set and closing
brands work hard to create well-thought outabilities. Training is also typically offered in the area
promotions and package templates for bothof revenue management where the same
business and leisure travelers which theysuggestions apply.
advertise in print media, on the web and throughDistribution Channel Placement: Where on the list
their telephone reservations centers. Participate inof hotels does yours show up on the web, on the
these promotions and packages. You are able toGDS systems or at the call center? Speak with
set the pricing and they are great at creatingyour franchise support representative to discuss
incremental revenues at off peak times.how your brand can help you place better on
Brand Frequent Guest/Loyalty Programs: Yourthese searches. They can guide you to ways in
franchise has gone to great lengths to generate awhich you can improve performance such as
tremendous database of loyal users of yourpay-per-click, GDS placement (i.e., Sabre Spotlight),
brand. At little or no cost you can participate inweb search placement, etc. Some at a cost and
numerous promotional offers to these loyal users.some not.
In most cases the database is so excellent youAs you wrap up your marketing plan for next
can target travelers who are regular visitors ofyear think about reviewing the opportunities
your destination. Bonus point offerings for thingsabove and adding some related tasks to the plan.
like first time guests, or off night arrivals canGood luck!