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The sales management activities that we are performing today are creating the results we are achieving today. Many or few, consistent or irregular, planned or impromptu, the behaviors and activities that we, as sales managers, use to motivate, train and hold our relationship managers accountable are at least partly responsible for the success of those we manage.
Let’s face it: today’s market is more crowded and competitive than ever before. The advent of e-commerce, for example, has expanded possibilities for consumers. And that means businesses no longer only compete with local retailers and the Big Box store on the corner for their fair market share. Rather, businesses today contend with rivals both down the street and on the other side of the globe.
One of the most essential steps in building your company is branding your business. With branding, you create a unique personality for your business and also a differentiated position in the market which will attract customers. However, this poses a serious challenge for many startups. Since there is limited funding to hire a brand agency, […] The post 4 Important Branding Principles to Implement in Your Business appeared first on Are Morch, Digital Transformation Coach.
Click on image to learn more 🔊 Listen to Post The word “expenses” needs to be defined and refined for this article. Expense broadly refers to any cost a business has including payroll, goods and services and cost of goods, “the cost required for something; the money spent on something.” That is its definition according to Oxford Dictionaries.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Hotel companies need to have a comprehensive framework that helps optimise each waste material in the sector while also reducing environmental impact. Cost savings are also a great side benefit.
By Jessica Kramer. Airports are crowded. Conferences are selling out. Rooms are booked. Hotel lobbies are bustling. By most accounts, the hotel industry should be stronger than ever. But that’s not how it feels if you’re a hotelier. The foundation of our industry is the workers who create the magical guest experiences for our guests. But as is much discussed, they are becoming increasingly difficult to find and we are desperately struggling to fill open positions.
Many factors contribute to a business’s success. Entrepreneurs need to know what makes a business successful to ensure they are doing the right things to keep their company afloat. A successful business idea can come from anywhere and it doesn’t have to be related to your industry. An entrepreneur needs to find the right niche […].
Many factors contribute to a business’s success. Entrepreneurs need to know what makes a business successful to ensure they are doing the right things to keep their company afloat. A successful business idea can come from anywhere and it doesn’t have to be related to your industry. An entrepreneur needs to find the right niche […].
BoHoNews · Dan Rose-Bristow, Master Innholders and The Torridon, on the new KPIs of leadership. BHN editor Eloise Hanson speaks to Dan Rose-Bristow, chair of the Master Innholders and owner of The Torridon , about 2023 trends, what hoteliers can expect at the Hotel Leadership Conference, and the new KPIs of leadership. The post Dan Rose-Bristow, Master Innholders and The Torridon, on the new KPIs of leadership appeared first on Boutique Hotel News.
The Hotel Group, a national hotel management, investment and development company and affiliate of Hotel Equities , has grown its Pacific Northwest hotel management portfolio with the addition of two Hyatt-branded hotels in downtown Seattle, Hyatt House Seattle Downtown Hotel and Hyatt Place Seattle Downtown Hotel. “We are pleased to add these two Hyatt’s to our portfolio and to continue our longstanding partnership with Kauri Investments,” said Douglas Dreher, CEO, The Hotel Group.
There are two types of hotels in the market. The first type perfectly positions itself in the eyes of the audience with its irresistible brand image and foolproof marketing strategies. These hotels don’t just sell the simple promise of customers being able to spend the night comfortably. They go the extra mile because they understand […]. The post Three Trusted Ways to Build a Great Name That Will Differentiate Your New Hotel in an Established Niche appeared first on Are Morch, Digital Tr
Are you curious about how artificial intelligence is reshaping sales coaching, learning, and development? Join Brendan Sweeney and Devyn Blume of Allego for an engaging new webinar exploring AI's transformative role in sales coaching and performance improvement! Brendan and Devyn will share actionable insights and strategies for integrating AI into coaching and development - ensuring personalized, effective, and scalable training!
Industry leaders share their thoughts on the travel, hospitality and economic landscape in 2023. BHN reports. Connor Llewellyn Ryterski , managing director, prizeotel: “We expect sustainability to remain a key focus for 2023, with hospitality businesses working towards ambitious emission reduction targets to become net zero, which is something we and the wider Radisson Hotel Group aim to achieve by 2050. .
We need to change our thinking as hospitality managers to attract new, young talent to an industry that has been bruised and battered by the pandemic. Hoteliers should take this opportunity to rethink our approach to talent.
Bruce White, hospitality industry icon and founder/chairman of White Lodging , has died at the age of 70 after a nearly year-long battle with cancer. He founded White Lodging in 1985 with a single hotel in Northwest Indiana, ultimately growing the business into one of the industry’s largest privately held development, ownership and management companies.
With more than 600,000 travel agents worldwide still accessing the global distribution systems, its relevancy has not diminished post-pandemic. One of the oldest distribution platforms, a GDS is a middleman that connects your hotel to travel agents looking for the right accommodation for their clients. Feeding in real-time rates and availability is important in this highly competitive platform that attracts high-value guests.
Speaker: Lauren Fernandez - CEO & Founder, Full Course
Companies all over the world, including Marriot International and Hilton Worldwide, are aware of the value of including DEI in their talent acquisition strategy. However, despite these initiatives, there is still plenty that the hospitality sector can do to promote DEI. When comparing the hospitality industries in India, Iraq, the UK, and the US, you will see that there is a consistent underrepresentation of persons from different ethnic, gender, and disability origins across all levels of the i
One of the most often-overlooked aspects of a recruitment process is what the interview experience is like for the candidates. Are they made to wait weeks for the next interview step? Are they given accurate information about the opportunity? Did they receive adequate feedback after the interviews? The recruitment process doesn’t happen in a vacuum, meaning that the consequences of a poor candidate experience can ripple through your company’s talent acquisition strategy.
Platform are emerging to helping wellness-motivated travelers escape the overabundance of brand choice on the Internet by presenting users with a curated selection of hotels, spas and resorts that meet certain criteria centered around locally sourced, farm-to-table cuisine and wellness experiences.
Virgin Hotels , the luxury lifestyle hospitality brand of the Virgin Group, and Virgin Limited Edition , the private global collection of retreats, hotels and exclusive islands owned by Sir Richard Branson, will come together under the new parent brand named Virgin Hotels Collection. The two luxury hospitality brands will also be joined under the Virgin Hotels Collection brand by Virgin Residences and collectively they have a significant growth strategy to add more city locations, resorts and re
For years, hotels have been at a crossroads, trying to determine whether to handle marketing in-house or outsource it. Each approach, in-house and outsourced, has its own set of unique advantages, yet both have their own limitations. So, the question at hand is, how can hotels determine which marketing approach to opt for? And, how to capitalize on the strengths of both in-house and outsourced marketing?
The race to 100% digital is on. With the restaurant industry still in the early innings of its digital transformation, brands need an airtight strategy when it comes to building out their tech stack. Download the buyer’s guide to learn where to prioritize your efforts and get the most out of every investment.
EMEA: Hotel brand management company SH Hotels & Resorts names Robert Koren as SVP and area managing director of Europe, the Middle East and Africa. SH Hotels & Resorts have announced the launch of a European corporate office led by Koren. He is the new senior vice president and area managing director of Europe, the Middle East and Africa, where the group is planning to expand.
Hotels must put a lot of work into attracting more guests and selling more to each guest, so every hotel needs a knowledgeable and skilled commercial team with distinct roles in marketing, sales, and revenue. Here's a look at what these roles contribute to each step in the guest funnel.
She Has a Deal (SHaD) , a real estate investment platform that creates new pathways to hotel ownership and development for women, has revealed that 2022 SHaDPitch Today’s Woman competitor, Amina Gilyard James and her company, Duke Ventures LLC , acquired the 70-room Quality Inn in the Raleigh neighborhood of Memphis. SHaDPitch is a hotel investment pitch competition launched in 2020 to help women on their journey to hotel ownership by facilitating the process for acquiring or developing a hotel
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
Just when you thought you could catch your breath after the heady rush of Christmas and New Year, there’s yet another holiday knocking at your door: Valentine’s Day. Since 17% of adults on average plan to celebrate the holiday with a romantic getaway, that means it’s time to roll up your sleeves (again) and start [.] The post Top Tips to Market Your Property for Valentine’s Day appeared first on trivago Business Blog.
Tivoli Hotels & Resorts continues its expansion in Europe announcing the brand’s upcoming debut in the Netherlands. The Tivoli Doelen Amsterdam, located in the city centre by the canals, is scheduled to launch in March, bringing to the city the cultural heritage and outstanding service of the Tivoli brand, after the rebrand of the NH Collection Doelen.
Marriott International and Groups360 have launched Instant Booking for Marriott’s portfolio of hotels in the U.S. and Canada. Marriott is the first brand company to have a direct integration with Groups360 to offer the “Instant Book” functionality for both guestrooms and meeting space at scale on GroupSync Marketplace, according to the company, providing planners with a streamlined booking process at the click of a button.
Maximizing sales rep performance is no easy task. 📈 Traditional sales training methods focus heavily on the first few weeks in the sales role. Companies dedicate time, resources, and budget to onboarding new hires, only for them to forget what was learned in those first few weeks, lose motivation, and struggle to come to grips with their role.
USA: Adventure hotel brand Gravity Haus has announced a strategic financial partnership with EPR Properties for future acquisitions. EPR Properties are providing $64.5 million of debt refinancing for Gravity Haus’ current portfolio of six hotels. Additionally, the two have agreed to finance future acquisitions. Greg Silvers, chairman and CEO of EPR Properties said: “Gravity Haus is bringing thought leadership to experiential real estate and continues to demonstrate strong execution of their con
A resort property needs to deploy many marketing strategies as they are meant to entertain their guests rather than just provide a room for a mere stay. Therefore, it is important for a resort to create an experience that goes beyond offering accommodation services and covers the whole range of services that a resort has to offer. In India, resort properties are used for recreational purposes.
Open while undergoing a multimillion-dollar renovation, the Artisan Hotel Boutique is evolving into The Lexi – Elevations Hotels and Resorts , a new 64-room hotel concept that will be the first in Las Vegas to introduce the idea of cannabis-friendly hospitality. It is scheduled to open in the spring. Embracing its “small and cheeky” mentality, the hotel will feature all-new guestrooms and suites, including an entire fourth floor that will be designated cannabis-friendly with each room featuring
Escape into a world of luxury and dive into the future of tech, fun takes on the American pastime, and many inspirational individuals. With engaging reports on fashion, food, travel, finance, sports, and more, download now and enjoy the read!
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