Skip to main content

What is the role of Marketing in the Hotel Industry?



What is the role of Marketing in the Hotel Industry?



In any organisation, marketing strategy is critical to establish a brand, attracting new customers, and retaining existing clients. Because tourism accounts for the majority of the hospitality industry, a consistent brand identity is extremely critical. Marketers aim to guarantee that clients are aware of their brand so that they would utilise their services again. Because repeat customers account for such a large amount of revenue, your marketing plan should be balanced between maintaining relationships with existing customers and seeking out new ones. Success Methodologies

To establish and execute an effective marketing plan, the hotel industry use a variety of approaches. The following are some of the most common brand success tactics used by marketers.


Research

For a variety of reasons, customers pick hotels and other hospitality services.

Marketers' role is to identify what factors influence customers' decisions to use a particular hospitality service, which necessitates extensive research. Interacting with current and former guests, taking customer reviews on websites, reviewing industry data, and other activities help professionals learn about what customers actually need.


Awareness


Brand awareness is critical for attracting customers. Potential customers cannot purchase a service if they are unaware of its existence. Marketers ensure that information about hotels, resorts, and restaurants is easily accessible and always up to date. They can accomplish this by advertising on relevant travel websites and collaborating with other non-competing hospitality services in the same market.


Promotion


Another clever strategy for attracting customers is to run promotions at specific times of the year. Even offering referral codes through bloggers or vloggers helps to promote your brand.


Relationships


Good customer relations are essential for ensuring repeat business. Hospitality Minds is here to assist you in keeping your relationship with your Guest intact. It helps hotels from the ground up with marketing and managing the OTAs platform from the hotel's resources.

Hospitality Minds is an expert in hotel catering and providing solutions to help your hotel business grow quickly. They provide services such as revenue management, hotel marketing, hotel sales support, online reputation  management, and hotel online branding.




 

Comments

Popular posts from this blog

5 KEY COMPONENTS TO AN EFFECTIVE REVENUE & PROFIT STRATEGY- Hospitality Minds

Looking to increase revenue in 2019? Get in line. The desire to generate more revenue is nothing new to hoteliers, but the journey toward higher revenues and greater profitability requires hotels to take a more holistic approach; one that implements technology that leverages data from disparate sources to develop actionable intelligence to help stimulate and optimize demand. Let’s take a closer look at five important areas of focus for your revenue journey. Channel Segmentation Your distribution channels – online, off-line, direct, and indirect – should be segmented and analyzed by guest type and acquisition cost. This lets you to determine where your most valuable mix of bookings and revenue is coming from. With OTAs charging hefty commissions, sometimes as, high as 30 %  you want a distribution strategy that drives as much direct business as possible. It’s important to regularly review your channel mix to ensure that it’s profitable and aligned with your property goals.

ONLINE REPUTATION MANAGEMENT- Hospitality Minds

Strategies and Tactics for Online Reputation Management Across all segments of the hotel and hospitality industry, online reputation has become one of the most powerful drivers of revenue and growth. Whether you’re managing a boutique resort with a dozen rooms or an international destination brand with tens or hundreds of hotel properties around the world, your ability to monitor, influence, and improve the way your hotel is perceived online by existing and potential guests can spell the difference between winning and losing. This is where hotel reputation management comes in. To ensure that your online reputation is driving guests to your hotel — instead of away from it — we created a list of hotel reputationmanagement best practices and tactics. 1. Claim your business listing- Whether you like it or not, whether you are aware of it or not, your hotel is probably already listed on a number of social media platforms, online review sites, and search engines. The first s

Revenue Management Strategies- Hospitality Minds

Revenue Management  Strategies For Hotels Revenue Management  has contributed millions to the bottom line, and it has educated our people to manage their business more effectively. When you focus on the bottom line, your company grows.   —  Bill Marriott Jr., Chairman and CEO, Marriott International  The standard definition simply has to be mentioned: Revenue management is selling “the right product to the right customer at the right time to the right price.” Furthermore I would like to add; through the right channel. Hotel Revenue Management is about becoming the architect of your own fortune. A hotel room is a perishable product, since the number of hotel rooms is limited. As a result, customer satisfaction and pricing remain the most important dynamic variables, which are subject to Hotel Revenue Management. It is all about balancing demand and capacity by forecasting prices for the purpose of maximizing the effectiveness of hotels’ resources. However, the rise of the