The Hotel Mindset: Is It More Like Nokia or Apple?

May 21, 2021, 11:30 AM

Welcome to another Expert Insights discussion, where we pose the question:
ย  ย  ย Is the Hotel Mindset More Like Nokia than Apple?

Have hotels used the pandemic period to start developing a more customer centric approach to their product, pricing and promotion or will they just revert back to type.

These are some of the topics we explore with our 2 guests:
๐Ÿ”น Niki Van den Broeck, Head of Business Development at Get Into MoRe
and
๐Ÿ”น Vassilis Syropoulos, Founder and CEO at Juyo Analytics

Both Get Into MoRe and Juyo Analytics are Revenue Hub Expert Partners

Whilst Nokia built a solid and reliable product, it was Apple's emergence, and their strategy, which proved the game changer. Their desire to understand how people use their phones but, more importantly, looking at how the world was changing and reaching out to understand the way consumers might use their phones in the future, was the mindset shift that led to the smartphones we see today - allowing users to engage with them as they want to.

How could this apply to the hotel sector, should hotels better understand what their guests and target markets want, as we start to re-open, and then develop an offering which reflects those desires or just continue to sell their 'standard', 'deluxe' and 'luxury' rooms or their 'banquet' package for meetings and events?

These are some of the topics we explore with our 2 guests.

๐Ÿ”น Customer Centricity (4:00)
  • Should we move to a Customer Centric Commercial Strategy
๐Ÿ”น Customer Centric Meetings & Events Offering (7:43)
  • Bespoke pricing
  • SaaS - Space as a Service
  • Cost of Inaction
๐Ÿ”น Customer Centric Room Offering (20:32)
  • Hybrid Offering
  • Storytelling
  • Local community engagement
  • Guest engagement - not assuming
๐Ÿ”น Who are our competition (31:16)
๐Ÿ”น Is segmentation too broad and outdated as a term (40:25)

Hope you enjoy it ๐Ÿคž๐Ÿ‘

If you would like to watch the video ๐Ÿ‘€
Here is the YouTube link:ย  https://youtu.be/5fVhQtOY2z4

๐Ÿ—ฃ Feel free to drop us a line with any questions, thoughts or comments at: insights@revenue-hub.com

Weโ€™re always interested to hear from you and happy to follow up with our guests on any questions.

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