article thumbnail

Beyond Traditional Hospitality: The Impact of Consumer Behavior on Hotels

eZee Absolute

These changes have been influenced by a variety of factors, including advances in technology, socio-cultural shifts, and global events like the pandemic. Target Market Understanding the preferences of your target market is essential. Return on Investment (ROI) Hotels should assess the potential ROI for each change.

article thumbnail

HITEC Toronto Recap: 3 Key Takeaways We Learned

Intelity

Understanding guest behavior and offering targeted marketing, pricing, and customization options is key to driving organization-wide decision-making. The Time For Upgrades Is Now With so many digital offerings on the market today, the time to upgrade your technology offerings is now.

ROI 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hotel Budget Plan: Are you Ready for 2023?

Xotels

Hotel Budgets: Where it All Starts… The basis of the target or budget lies in a detailed demand calendar. Map the events, conferences, expositions, trade fairs, concerts, holidays, vacations, long weekends, etc to the following year. How will we attract our different client target markets and niche guest segments.

Hotels 59
article thumbnail

12 Examples of Luxury Travel Ads for Wealthy Individuals

MediaBoom

Discover who your target market should be when creating travel ads for luxury audiences and what elements the ads require. Target Audience for Luxury Travel With so many luxury travel ad ideas, the gears should be turning in your head about how to proceed with yours.

Travel 90
article thumbnail

Facebook Ads for Real Estate Agents – The 5 Best Examples

MediaBoom

This guide to Facebook ads in real estate will help you build a blueprint for creating targeted, effective ads that drive more conversions, build loyal customers, and prove ROI. How much overlap exists between their target audience and yours? Set a budget that can reach your target market without overspending.

article thumbnail

Influencer Marketing vs Traditional Marketing: Pros and Cons [Guide]

Social Hospitality

Promote your goods/services or announce upcoming events, sales, and discounts to attract current and potential customers. Print handouts are mostly used for sales and event announcements. If your goal is to increase your brand awareness or announce your upcoming promotion/sale/event, this method is the best one to implement.

Market 189
article thumbnail

How to Improve Hotel Sales for Small Properties

Little Hotelier

Segment your target market What do B&Bs, rentable treehouses, island getaways and massive hotel chains all have in common? So why not take advantage of that and partner with nearby attractions, restaurants and event organisers to create unique packages and offer exclusive discounts to attract more guests to your hotel?