In fact, it is clear that online reviews impact hotel business on a big margin. If the hotel is smaller then this impact of guest feedback will be bigger. But hotels can also increase their hotel revenue by using guest feedback.
Hoteliers are quickly discovering that guest feedback plays an important role in making a business plan.
It is not an easy task for managers to work for increasing the revenue of the hotel. It requires a lot of people, promotion, and effort.
Guests make a perception about the service of the hotel from online reviews.
Are your offerings according to guests pay
It is the task for revenue management to charge as much possible fro visitors. But in this context, it is important what hotels are providing to them.
If guests are not getting service for what they are paying then it will a negative factor for your business.
However Between the guest’s perception of value for money for that hotel or group, and the actual hotel rate to maximize revenue.
Consider this: if the hotel product and service are not up to par, the revenue manager cannot maximize the room rates as the value for money is not being delivered.
If a revenue manager looks at the guest’s feedback and uses it to assist operations, improve service. They make plans around rooms out of order for repairs.
In essence, one of the core jobs of revenue management is to charge as much as the possible per room.
It is essential that revenue managers and operations work very closely together to maximize the overall service offering.
Revenue will always be a numbers game, but now we can use guest review data to assist the operations team in maximizing the overall service levels. But it must be teamwork.
Monitoring of your revenue generator campaign
Monitoring guest ratings on revenue-generating sectors of the hotel, like the spa, curio shop, or bar, immediately pinpoints areas where improvements can be made to generate a higher return for these services.
When analyzing negative review data, Martin explains that hotels should only put time and energy into areas that can be changed or improved quickly.
You should know which sector is not performing well. Then you can change your strategy and make changes in it.
When analyzing negative review data, Martin explains that hotels should only put time and energy into areas that can be changed or improved quickly.
How does your value compare to competitors
Knowing how your hotel is performing against its competitors can provide valuable intel when juggling rates – especially when viewed in relation to value for money.
Suddenly, a very comprehensive picture can be drawn to help better price your hotel in your market, relative to how travelers are rating you and your competitors online.
If your average review score is higher than that of your competitors at similarly-priced hotels, and your value for money is rated highly consistently
Your rates can often be raised without occupancy numbers dropping.
Likewise, a corresponding drop in perceived value for money will tell you that you need to upgrade if you want to stay in this price bracket.
“If your hotel has a poor perceived guest value and is overcharging in comparison to competitors, the guests that do book will feel like they got a raw deal and write a poor review.
If you are not giving importance to online reviews, your hotel will be at risk of losing revenue in the long run.
Reinforce Hotel Sales Negotiations
Meeting organizers, corporate travel planners, and tour operators regularly. Check out review sources as part of the hotel investigation process.
You can prepare reports that show the high level of guest satisfaction at your hotel. You should use these types of reports to compare with competitors and share them with clients and prospects.
By explaining that the data provides a broad overview of your hotel’s performance from the perspective of travelers, you can build a case for your hotel.
Focus on Corporate guests
To provide a high level of satisfaction with guests from key corporate accounts, you can import PMS data into the Guest Surveys tool and create a dedicated view for each company.
You can also automate weekly and monthly reporting for specific corporate accounts.
A distinct advantage for corporate hotel sales managers is the ability to set up real-time alerts in the event that a corporate guest indicates dissatisfaction.
This enables the sales manager to follow up promptly and ensure that issues are resolved before feedback reaches the head office and jeopardizes the account.
Increase their satisfaction level
Hotels have yet to get service so perfect that they’re ready to focus on customized stays. For the most part, these highly specific techniques aimed at generating loyalty fail to leave guests with the loyal connection that was intended.
As discussed above, people don’t necessarily want the same thing every time, but even if some of your guesses are correct, guests are rarely all that impressed.
Knowing that they like certain kind of pillow isn’t going to impress anyone about the quality of your service.
It only serves to remind them that you’ve got a profile on them in your computer
Conclusion
It is important to pay attention to what people are writing about your hotel online. By making sure your hotel gives its guests value for money. It will increase the level of satisfaction.
A satisfied and happy customer will right good things about you. That will help you in getting more bookings and increment in your revenue.
That your revenue generators are operating at optimal capacity.
Compare the performance of your hotel from your competitor on the same criteria. Then you can easily get ideas to boost your revenue.
If you are searching for software to make your hotel website then consider QloApps. It will launch a beautiful website to manage your hotel.
If you want to know more about Qloapps contact us by QloApps Forum.
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