Rate Integrity & Rate Parity
May 25, 2010 at 10:08 pm | Posted in Uncategorized | 12 CommentsTags: hotel blog, hotel industry, hotel revenue management, hotel sales, social networks
I don’t know if there is right or worng answer here as necessity has indicated the ‘dumping’ of unused inventory on the opaque channels.
This is a little story of trust and integrity.
I went online to book an airline ticket on the United Airlines site that states that the customer will not find lower fares on any other site. The fare was almost $600.
So I tried to save my cleint some money and went to Priceline where I haven’t ever booked an airline ticket before. The fare to the same destination with a better schedule was only $300. Granted, United posted in it’s lower fare column the same fare but the flight schedule was for flights leaving at ungodly hours and with hideous layovers.
Maybe I was naive to believe that United meant what it said but it taught me one thing — I will always check on Priceline prior to booking another ticket.
Does your hotel have a similar lowest rate guarantee on your web site? Will your customers find lower rates on Priceline and the other opaques?
Have we created Priceline’s incredible profits last quarter by driving our clients to the opaque channels?
As Seth Godin said in his book “All Marketers Are Liars” our cutomers don’t believe our marketing copy any more, they believe User Generated Content by ‘people like themselves’ as found in testimonials and review sites.
Have we given the power to the review sites that many hotel managers resent by failing to maintain integerity in posting rates?
Think about it — leave your comments and let’s start a discussion!
Social Media Angst
May 12, 2010 at 6:44 pm | Posted in Hotel Sales Training Issues, In the News, Information, Social Media, Uncategorized | Leave a commentTags: hotel, hotel blog, hotel industry, hotel sales, hotel sales issues, hotel training, hotel trends, recovery for hotels, social media, social networks
I have been traveling pretty solid for the past eight weeks. Many of those seminar programs have been for AHLA and included a program on social networks.
The participation has been amazing. Some hotels are using their Fan Pages and LinkedIn Profiles well to have conversations with their customers, some are in between but many are still unsure or having a degree of angst over building out their pages and profiles to include complete information that will give potential customers the information they need that results in lead generation.
The purpose of social media activity is to engage with current customers and generate new ones! A recent article and survey from eMarketing.com revealed B2B and B2C leads generated from social media.
45% of businesses surveyed generated B2B leads from LinkedIn and 68% generated B2C leads!
Why are these pages so important for lead generation? These pages are dynamic in that they can be updated more frequently than the web site, include a great deal more information, actively engage with customers and potential customers and thus generate leads.
Asking your teenage cousin or hiring someone right out of college to build out your presence on these two networks (not tomention Twitter) is not very helpful in that they they don’t undersatnd the intricate relationship that the hospitality industry has with these networks and industry best practices.
Example: One client that has and that has an ‘and’ in their name was virtually invisible on FaceBook. Why? The newly minted social media manager had used an ambersand (&) verus the word ‘and’. How many Fans would think to use an ambersand versus the word ‘and’? As well, there were available opportunities on the addtional pages that were not built out at all.
How many of your hotels, epecially independent and smaller hotels, are having angst over your social media presence? Let’s have a conversation post your comments and concerns below!
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