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Ways to increase revenue
per guest
Webinar
26 February 2015
#GuestRevenue
Your hosts
Kevin May
Editor & Moderator
Tnooz
Nick Vivion
Reporter & Global Events Lead
Tnooz
Your presenters
Donna Quadri-Felitti
Associate Professor
Hospitality and Tourism/Chair,
NYU School of
Professional Studies...
Ways to
Increase Revenue
per Guest
AGENDA
A different approach to revenue
The growing need for CRM in Hospitality
Understanding the guest lifecycle
Ways to i...
ABOUT REVINATE
• Focused on Hospitality &
Restaurants
• 24,000+ hotels in 160 countries
SaaS tech company based in San Fra...
A different approach to revenue
ROOM INVENTORY VS GUEST DATABASE
8
9
REVENUE IS MORE THAN A SINGLE BOOKING
Booking On Property FeedbackSearch
10
IMPORTANT AREAS OF FOCUS MARKETERS
Source: “Digital Roadblock: Marketers struggle to reinvent themselves” Adobe, March ...
The accelerated need for CRM in hospitality
12
THE NEED FOR CRM
What is CRM?
“Customer relationship management (CRM) is a comprehensive
business model for increasing ...
ARMING YOUR HOTEL WITH THE RIGHT DATA
Lucy Jones
Check In: 12/16
Nights: 2
Rate: $125
Email: ?
Phone: ?
Stay History: ?
Wh...
Research
Check-in
Booking
Golf Simulator
Scheduling a
wake up call
Resolve an
issue
Survey/
Review
Booking
Loyalty
Campaig...
Understanding the guest lifecycle
16
INDIVIDUAL, ENVIRONMENT AND SITUATIONAL
DIFFERENCES
Source: Quadri, 2010
IDENTIFYING THE RIGHT ENGAGEMENT POINTS
17
Pre-Stay
In-Stay
Post-Stay
dinner reservations
local events
golf
more towels
wi...
Ways to increase revenue
throughout the guest lifecycle
PRE-STAY: UPGRADES
19
• Capture guest contact info especially
email address
• Start collecting preferences and other
gener...
PRE-STAY: TARGETED AMENITY PROMOTIONS
Occupancy low
for upcoming
weekend
Openings for
their high-end
golf simulator
PRE-STAY: EXAMPLE OF EMAIL NURTURE
21
WHEN GUEST
BOOKS STAY
TWO WEEKS
BEFORE STAY
DAY BEFORE
CHECK-IN
DAY OF
CHECK-IN
CONF...
IN-STAY: DAY-OF PROMOTIONAL PUSHES
22
IN-STAY: MOBILE COMMUNICATION
23
POST-STAY: SURVEY PUBLICATION CAMPAIGNS
24
Increase review
frequency
Climb the ranks in
popularity
TripAdvisor Survey Publ...
POST-STAY: ‘BRING THEM BACK’ CAMPAIGNS’
25
Hi Asha,
Registration is open for the 2015
Ottawa Marathon. Come stay with us
a...
CLOSING THOUGHTS
NEXT STEPS
27
1. Examine your hotel's approach to measuring revenue performance.
2. Perform a guest data review. What do y...
Hotel CRM MarketingAutomation
Introducing inGuest
Superior guest experience and revenue $$
+
THE REVINATE APPROACH
GUEST MARKETING PLATFORM
COME SEE US: ITB CONFERENCE IN BERLIN
30
March 4-8 in Berlin, Germany
Meet Revinate for a live demo of inGuest
->> Hall 6....
Questions?
Contact:betty@revinate.com
Thank you!
Send your questions and comments to
kevin@tnooz.com
Replay and presentation of webinar will be available on
www...
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Best practices for increasing revenue per guest

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With the rise of millennials and technology-savvy travelers, guest expectations are evolving.

Hotels are finding that general marketing is failing to cut through the noise and build loyalty with repeat guests.

With more advanced marketing techniques and an increased level of personalized communication, hoteliers can can drive a higher revenue per guest through the entire guest lifecycle.

In our FREE webinar, learn how you can improve your revenue per guest with Guest Lifecycle Management.

During this session, hoteliers will learn about:

How loyalty has changed in today's technology-driven marketplace
Building emotional loyalty
Strategies in action: Improve the end-to-end guest experience
Best practices for increasing revenue per guest

Our webinar panelists are:

Betty Mok, director product marketing, Revinate
Donna Quadri-Felitti, Associate Professor, NYU
Kevin May, Moderator and Editor, Tnooz
Nick Vivion, Producer and Reporter, Tnooz

This webinar took place on Thursday 26 February 2015.

Best practices for increasing revenue per guest

  1. 1. Ways to increase revenue per guest Webinar 26 February 2015 #GuestRevenue
  2. 2. Your hosts Kevin May Editor & Moderator Tnooz Nick Vivion Reporter & Global Events Lead Tnooz
  3. 3. Your presenters Donna Quadri-Felitti Associate Professor Hospitality and Tourism/Chair, NYU School of Professional Studies Tisch Center Betty Mok Director of Marketing betty@revinate.com @Revinate
  4. 4. Ways to Increase Revenue per Guest
  5. 5. AGENDA A different approach to revenue The growing need for CRM in Hospitality Understanding the guest lifecycle Ways to increase revenue throughout the guest lifecycle
  6. 6. ABOUT REVINATE • Focused on Hospitality & Restaurants • 24,000+ hotels in 160 countries SaaS tech company based in San Francisco Offices in Singapore, Sydney, Dubai, Amsterdam and NYC
  7. 7. A different approach to revenue
  8. 8. ROOM INVENTORY VS GUEST DATABASE 8
  9. 9. 9 REVENUE IS MORE THAN A SINGLE BOOKING Booking On Property FeedbackSearch
  10. 10. 10 IMPORTANT AREAS OF FOCUS MARKETERS Source: “Digital Roadblock: Marketers struggle to reinvent themselves” Adobe, March 2014
  11. 11. The accelerated need for CRM in hospitality
  12. 12. 12 THE NEED FOR CRM What is CRM? “Customer relationship management (CRM) is a comprehensive business model for increasing revenues and profits by focusing on customers. CRM uses advanced technology to maximize the firm’s ability to add value to customers and develop long-term customer relationships.” Johnson, M.W., and Marshall, G. W. (2008) Relationship Selling, 2nd Edition. McGraw-Hill Irwin. New York.
  13. 13. ARMING YOUR HOTEL WITH THE RIGHT DATA Lucy Jones Check In: 12/16 Nights: 2 Rate: $125 Email: ? Phone: ? Stay History: ? What a hotelier sees: Available data:
  14. 14. Research Check-in Booking Golf Simulator Scheduling a wake up call Resolve an issue Survey/ Review Booking Loyalty Campaigns Trip Planning CRM ENABLES GUEST LIFECYCLE MANAGEMENT Wine Special at Bar
  15. 15. Understanding the guest lifecycle
  16. 16. 16 INDIVIDUAL, ENVIRONMENT AND SITUATIONAL DIFFERENCES Source: Quadri, 2010
  17. 17. IDENTIFYING THE RIGHT ENGAGEMENT POINTS 17 Pre-Stay In-Stay Post-Stay dinner reservations local events golf more towels wi-fi taxi to meeting airport shuttle local flavor upgrades Re-engagement check-in/out social sharing airport shuttle loyalty perks feedback local flavor social sharing activities planning tee times
  18. 18. Ways to increase revenue throughout the guest lifecycle
  19. 19. PRE-STAY: UPGRADES 19 • Capture guest contact info especially email address • Start collecting preferences and other general information • Match it to historical stay info • Use that information to create targeted communications *If the guest books through an OTA, be sure your front desk agent collects the email at check-in
  20. 20. PRE-STAY: TARGETED AMENITY PROMOTIONS Occupancy low for upcoming weekend Openings for their high-end golf simulator
  21. 21. PRE-STAY: EXAMPLE OF EMAIL NURTURE 21 WHEN GUEST BOOKS STAY TWO WEEKS BEFORE STAY DAY BEFORE CHECK-IN DAY OF CHECK-IN CONFIRM BOOKING with CTA for guests to list preference s TARGET: social proof promotion INCENTIVE to fill out preferences ADVANCED CHECK-IN with room upgrades ADVANCED CHECK-IN with room upgrades WELCOME EMAIL personalized offerings WELCOME EMAIL with general offerings
  22. 22. IN-STAY: DAY-OF PROMOTIONAL PUSHES 22
  23. 23. IN-STAY: MOBILE COMMUNICATION 23
  24. 24. POST-STAY: SURVEY PUBLICATION CAMPAIGNS 24 Increase review frequency Climb the ranks in popularity TripAdvisor Survey Publishing 409% 2 6 5 4 3 1
  25. 25. POST-STAY: ‘BRING THEM BACK’ CAMPAIGNS’ 25 Hi Asha, Registration is open for the 2015 Ottawa Marathon. Come stay with us again at a discounted rate!
  26. 26. CLOSING THOUGHTS
  27. 27. NEXT STEPS 27 1. Examine your hotel's approach to measuring revenue performance. 2. Perform a guest data review. What do you know about your guests and how are you capturing guest data today? 3. Brainstorm ways customization can be employed to enhance your guest experience. 4. Evaluate your current tools as well as those available on the market to facilitate this process.
  28. 28. Hotel CRM MarketingAutomation Introducing inGuest Superior guest experience and revenue $$ + THE REVINATE APPROACH
  29. 29. GUEST MARKETING PLATFORM
  30. 30. COME SEE US: ITB CONFERENCE IN BERLIN 30 March 4-8 in Berlin, Germany Meet Revinate for a live demo of inGuest ->> Hall 6.1 – Booth 101 Learn about next generation hotel marketing ->> Friday march 6th at 15:30 @ Tech Theater Schedule a personal meeting at ITB ->> Email thomas@revinate.com
  31. 31. Questions? Contact:betty@revinate.com
  32. 32. Thank you! Send your questions and comments to kevin@tnooz.com Replay and presentation of webinar will be available on www.tnooz.com
  • irbax

    May. 26, 2016
  • FMWebster

    Feb. 13, 2016
  • roejason

    Apr. 30, 2015
  • darrencraigscotland

    Mar. 17, 2015
  • CatherineKlimek

    Feb. 27, 2015

With the rise of millennials and technology-savvy travelers, guest expectations are evolving. Hotels are finding that general marketing is failing to cut through the noise and build loyalty with repeat guests. With more advanced marketing techniques and an increased level of personalized communication, hoteliers can can drive a higher revenue per guest through the entire guest lifecycle. In our FREE webinar, learn how you can improve your revenue per guest with Guest Lifecycle Management. During this session, hoteliers will learn about: How loyalty has changed in today's technology-driven marketplace Building emotional loyalty Strategies in action: Improve the end-to-end guest experience Best practices for increasing revenue per guest Our webinar panelists are: Betty Mok, director product marketing, Revinate Donna Quadri-Felitti, Associate Professor, NYU Kevin May, Moderator and Editor, Tnooz Nick Vivion, Producer and Reporter, Tnooz This webinar took place on Thursday 26 February 2015.

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