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Hospitality Business Review | Friday, November 03, 2023
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The article explores how marketing strategies are employed in various segments of the hospitality industry, such as lodging, food and beverage, tourism, and travel, to promote their offerings and boost revenue.
Fremont, CA: Hospitality marketing is rooted in a deep understanding of customer needs and satisfaction. It involves a comprehensive examination of how different sectors within the hospitality industry, including lodging, food and beverage, tourism, and travel, craft marketing strategies to effectively promote their products and services, ultimately driving revenue growth.
Given the intense competition within the hospitality sector, marketing holds a position of paramount importance in shaping the success of businesses. To lure more customers to their hotels or travel enterprises, it is crucial to adopt effective digital marketing strategies and establish a strong presence where the target audience congregates.
Trends in Hospitality Marketing
It is critical to keep up with the current trends in hospitality marketing, but it is also vital to grasp the context of these developments. Some of the trends pertinent to the hotel industry as a whole and trends that evolved in response to the epidemic are still relevant today. They include:
Encourage Safety in Marketing and Guest Communication:
One of the most essential hospitality trends in response to the COVID-19 epidemic is emphasizing safety protocols, hygiene rules, and other decisions to protect your guests.
Increased cleaning, rearrangement of tables and chairs to make room for social distancing, enforcement of mask-wearing in certain areas of your facilities or by staff members, and broader usage of contactless payments and mobile apps could all be part of this. The key is ensuring that these modifications are conveyed to clients before arrival.
Emphasize the Value and Offer Cancellations that are Flexible:
Another significant way hotels responded to COVID-19 was to realign and focus on what makes their hospitality business unique. This might be the location, customer evaluations, the hotel or restaurant's design, the bar's theme, or the range of facilities. Whatever your unique selling points (USPs) are, knowing them makes it easier to sell on value.
While many businesses compete on price, many customers are willing to pay extra for guaranteed quality, outstanding service, or a one-of-a-kind experience. Consider some features you can include to differentiate it from competitors' offerings.
Providing a generous cancellation policy that allows clients to rebook with minimal fuss is also prudent. The ability to cancel on short notice gives tourists peace of mind and functions as an incentive to book ahead of time without fear of losing money.
Utilize Virtual Reality (VR) Hospitality Technology:
Virtual reality is one of the most current rising hospitality technology and marketing trends, and the coronavirus pandemic has only increased its applications. Virtual reality tours are the ultimate way to experience a site from afar, reproducing the atmosphere to make exploration and immersion possible.
For leisure clients, this can include seeing the inside of a hotel or experiencing a landmark or tourist attraction. For event customers, it implies the ability to look at wedding or event sites without flying there. This is especially useful during times when travel is limited. Most modern virtual reality tours are viewable with a web browser or VR headset.
These are some of the significant trends in the hospitality industry. One of the most important distribution channels in hotel marketing is travel agents. The number of travel agencies has grown dramatically in recent years. Customers can now search for travel products or services online rather than visiting specific company websites. As a result, collaborating with travel agencies is critical. The hospitality sector is competitive, and adopting the correct marketing tools is essential to your success.
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