Podcast Description: Season 2, Episode 13 of the Virtual GM Podcast
In this insightful episode of the Virtual GM Podcast, Meagan and Cody Adent from the Vibrant Team dive into the top hospitality industry trends of 2024. From booking pace and booking window dynamics to rate strategy and the ever-evolving role of OTAs like Expedia and Booking.com, this episode is packed with the latest insights you need to stay ahead in the game.
Episode Highlights:
- Booking Pace: Understanding current booking trends and how they affect your property's operations.
- Booking Window: Adapting to shifts in how far in advance customers are booking.
- Rate Strategy: Crafting a competitive pricing strategy that maximizes revenue without sacrificing occupancy.
- OTA Insights: Navigating the benefits and challenges of working with OTAs in 2024.
- Marketing Strategy: Implementing effective plans that resonate with today’s travelers.
But that’s not all! We wrap up the episode with 4 Tips to Best Engage Interested Customers:
- Compelling Offer: Using pop-ups for length-of-stay promotions to capture attention.
- Consistent Contact with Past Guests: Leveraging emails, texts, and return guest promotions to keep your property top of mind.
- Retargeting: Utilizing platforms like Meta for retargeting to convert interest into bookings.
- Strong Team on Phones: Ensuring your team is equipped to close sales from inquiries, and discussing the value of using a secret shop service like BluePrint Creations to assess and improve phone interactions.
Whether you're a boutique hotel owner, VRBO manager, Airbnb administrator, front desk staff, or anyone in the hospitality industry, this episode is packed with actionable insights and expert advice.
Join us for an engaging and informative session, blending business acumen with witty banter, relatable anecdotes, and plenty of laughs. Produced and distributed by Vibrant Management, Virtual GM is your ultimate resource for all things hospitality. Tune in, elevate your game, and don’t forget to visit us on our website for more resources and support.
Produced by Vibrant Management – helping hoteliers and vacation rental managers thrive in the modern world.
Follow us on Instagram -
@thevibrantteam
@virtualgmpodcast
Checkout our website -
www.thevibrantteam.com
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
My Favorite Murder with Karen Kilgariff and Georgia Hardstark
My Favorite Murder is a true crime comedy podcast hosted by Karen Kilgariff and Georgia Hardstark. Each week, Karen and Georgia share compelling true crimes and hometown stories from friends and listeners. Since MFM launched in January of 2016, Karen and Georgia have shared their lifelong interest in true crime and have covered stories of infamous serial killers like the Night Stalker, mysterious cold cases, captivating cults, incredible survivor stories and important events from history like the Tulsa race massacre of 1921. My Favorite Murder is part of the Exactly Right podcast network that provides a platform for bold, creative voices to bring to life provocative, entertaining and relatable stories for audiences everywhere. The Exactly Right roster of podcasts covers a variety of topics including historic true crime, comedic interviews and news, science, pop culture and more. Podcasts on the network include Buried Bones with Kate Winkler Dawson and Paul Holes, That's Messed Up: An SVU Podcast, This Podcast Will Kill You, Bananas and more.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com