Since 2007, NAVIGATE has been one of many main annual hospitality occasions within the U.S. This month, Revinate wrapped up NAVIGATE 2023 with over 250 Revinate prospects and almost 350 attendees to share views from visitor knowledge to the business’s digital transformation.
We had the consideration of listening to some superb audio system, together with our keynote speaker, Debra Searle. Searle rowed solo throughout the Atlantic Ocean and used her expertise to ship a strong message about resilience and selecting our angle on a regular basis. It’s an concept that’s actually translatable for hoteliers right this moment amidst challenges and shifts throughout the business.
Whereas many concepts emerged from this yr’s occasion, 3 stood out as extremely impactful for driving direct bookings and enhancing resort enterprise.
What you will notice right here
- A Buyer Knowledge Platform is essential for understanding visitor knowledge
- Omnichannel communication is significant for each resort division
- The business’s transformation and restoration is underway
A Buyer Knowledge Platform is essential for understanding visitor knowledge
It’s no secret that the usage of the Buyer Knowledge Platform (CDP) is rising in recognition. In actual fact, the marketplace for CDPs is projected to extend by $19.7 billion by the top of 2027.
A CDP combines and centralizes knowledge from varied sources to supply an correct and in-depth view of the shopper. It’s the one instrument that focuses on the shopper expertise to determine touchpoints like preferences and intent, whereas additionally sharpening messaging, supporting advertising and marketing capabilities, and strengthening connections with friends.
Many audio system at NAVIGATE 2023 highlighted the significance of gathering and organizing visitor knowledge through the use of an answer like a CDP.
With this expertise, hoteliers can enrich visitor profiles from the information they’ve collected. Then, they’ll assemble hypersegmented audiences to focus on with elevated precision. And this knowledge turns into actionable as hoteliers activate data-driven campaigns in varied communication channels equivalent to e mail, voice, internet, message, and even Third-party apps. A CDP actually helps an omnichannel buyer expertise in order that hoteliers can improve their income.
And since a CDP solely gathers first-party knowledge, the privateness of friends is preserved as hoteliers proceed to develop their distinctive profiles.
With ever-evolving visitor preferences and the necessity for strategic communication, a CDP is turning into a superior answer to attain these objectives and deepen hoteliers’ understanding of their friends.
Omnichannel communication is significant for each resort division
Amassing clear, strong visitor knowledge is barely a part of a resort’s total enterprise technique. How we talk that knowledge turns into transformational.
Not solely ought to visitor messaging be personalised, it needs to be delivered on a number of channels. Andrew Ladd, Company Director of Advertising and Ecommerce at Noble Home Inns & Resorts (NHHR), echoed this concept on the NAVIGATE primary stage. Ladd described how the NHHR portfolio segmented by reserving and stay-based knowledge to craft personalised promotions. They then strategically deployed these promotions throughout their social media platforms, in automated emails, and even on their web site.
Brenda Barré, Director of Cellular and Digital Innovation at Caesars Leisure Company, offered quite a lot of examples of the success of omnichannel communication in resort operations. Barré took to the stage to elucidate how her workforce leveraged Revinate Ivy, a textual content messaging answer, throughout their portfolio to advertise property facilities, counsel room upgrades, increase on-line overview scores, and improve operational efficiencies. Caesars Leisure was not solely in a position to drive income with Ivy, however they have been additionally in a position to talk with friends on the channel that 68% of shoppers want.
And that’s the target with omnichannel communication — establishing deeper connections with friends. The visitor journey is a dynamic expertise, so speaking on the proper time, on the popular channel, makes all of the distinction for friends. It’s about relevance.
The business’s transformation and restoration is underway
All through the convention, every session mirrored the modifications hospitality is experiencing from improvements in resort expertise. The business is constant to get better put up pandemic and expertise has solely enabled that progress.
Speaker, Farhan Mohammad from Amazon Net Providers (AWS), a Platinum sponsor of NAVIGATE 2023, delivered a mainstage session titled, “Accelerating Innovation in Journey & Hospitality.” Mohammad defined that the hospitality business is ripe for technological disruption as 72% of journey and hospitality executives stated {that a} digital transformation was extremely vital for his or her total technique and success.
We discovered there’s a main alternative to reinforce and automate buyer experiences whereas growing operational effectivity. Vacationers anticipate superior service and embracing developments in expertise will solely exceed these expectations.
And as hoteliers proceed to undertake new applied sciences, it will assist assist modifications in demand and occupancy.
In response to Emmy Hise, Senior Director of Hospitality Analytics at Costar, this yr occupancy charges are projected to achieve 63.3% and RevPAR is anticipated to develop 3.7%. Whereas there’s nonetheless room for progress, there’s additionally an amazing presence of pent-up demand as elevated worldwide journey is anticipated over the following yr. Now’s the time for hoteliers to take full benefit of journey restoration and make the most of their resort expertise to strategically goal these friends.
A glance to the long run
NAVIGATE 2023 introduced a magnitude of considerate discussions and distinctive views that attendees can leverage for progress. With over 15 talking periods, greater than 25 panelists, and a various group of Revinate sponsors and prospects, this yr’s occasion was actually filled with business insights.
Hoteliers walked away with instruments to drive direct bookings and develop their companies after reconnecting with business professionals. The networking that occurred and the connections made within the 2.5 days of NAVIGATE are invaluable.
We will’t wait to see what occurs at NAVIGATE 2024.
About Revinate
Revinate empowers hoteliers to straight join with their friends.
Our Visitor Knowledge Platform and communication options unlock income for hoteliers and put them in command of the total visitor expertise — preliminary analysis, reserving, check-in, all through the keep, and even after try — all by way of the communication channels that friends want, whether or not it is voice, textual content, e mail, or internet.
Greater than 12,000 motels globally financial institution on Revinate to drive direct income and ship pleasant visitor experiences.
Ask us how we do it. Go to our web site to get a demo.
Sanjana Chappalli
VP of Model Advertising and Communications
Revinate, Inc.