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Hospitality Business Review | Tuesday, February 28, 2023
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Advertisers in the travel, restaurant, and consumer services industries use hospitality marketing to raise awareness and consideration of their products and services.
FREMONT, CA: The right hospitality marketing strategy can help your business succeed long-term, attracting customers, optimizing revenue, and establishing recognition and trust. In hospitality marketing, customer needs and satisfaction are viewed from the perspective of the business. In the hospitality industry, marketing strategies are developed to promote products or services in various sectors, such as accommodations, food and beverage, tourism, and travel.
Understanding the context of the latest hospitality marketing trends is equally important to implement them in the marketing strategy.
Hygiene: In response to recent events, one of the most important hospitality trends has been emphasizing safety procedures, hygiene policies, and other decisions designed to protect your customers. Communication is key to ensuring customers are aware of these changes before arriving.
Data: With increased travel risk still on people's minds, it is understandable that hospitality managers would try to predict how it will affect customer behavior. However, guesswork cannot replace data and proof. It is particularly important to look at your website analytics and booking data to discover trends. By looking at website analytics, managers can gain insights into customer behavior and preferences, such as which destinations are trending, which services are being requested, and what type of customers are booking. Also, by looking at bookings data, managers can identify which strategies effectively attract customers and which are not.
Flexible cancellations: Hotels also re-aligned and focused on what makes their hospitality business unique in response to global events. The location, customer reviews, hotel or restaurant design, the bar's theme, and the range of facilities are all factors to consider. Accounting for unique selling propositions will assist you in selling your product.
Although many businesses compete based on price, many customers are willing to pay more for high quality, excellent service, or a unique experience. Consider some things you can throw into it to make your offering stand out from your competitors.
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