rich guest profiles will transform hospitality

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K How rich guest profiles transform hospitality Webinar September 25, 2014

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"Is this your first time staying with us?" - a broken system in action. Join Tnooz and Revinate for this FREE webinar that explores: Importance of mobile connections to today's always-connected travelers How publicly available social data can be used to surprise and delight your guests How connecting disparate data sources can be a powerful tool for delivering a seamless customer experience Ways to drive revenue with highly targeted campaign marketing based on rich guest data Who should attend? Hotel general managers VPs and directors of marketing VPs and directors of operations Corporate marketing directors C-level executives Panelists for the webinar are: Dr Rob Kwortnik, associate professor of services marketing, Cornell University Josh Steinitz, VP global business development, Revinate Gene Quinn, CEO and producer, Tnooz This webinar took place on Thursday 25 September 2014

TRANSCRIPT

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How rich guest profiles transform hospitality

WebinarSeptember 25, 2014

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Nick VivionReporter & Co-Moderator

Gene QuinnCEO & Producer

Your hosts

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Rob KwortnikAssociate. ProfessorServices MarketingCornell University

Your panelists

Josh SteinitzVP, BusinessDevelopmentRevinate

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How Rich Guest Profiles Transform Hospitality

[email protected] | www.revinate.com | @Revinate

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AGENDA

PART 1

Traveler’s changing needs

Engaging customers

Using Big Data

PART 2

Delivering a superior customer experience

Rich Guest Profiles and Smart Marketing

Driving revenue

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MEET THE PRESENTERS

Rob Kwortnik

Associate Professor of Services MarketingCornell University

Josh Steinitz

Vice President, Business DevelopmentRevinate

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RISE OF THE MODERN TRAVELER

• Tech savvy and dependent on mobile devices throughout all stages of travel

• Prefer online and digital communication to human interaction

• Expect speedy service delivery

• Social media is an integral part of their experience

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MILLENIALS: 18-34

32% of US travelers, by 2025 more than 50% of travelers

$430B in discretionary spending

31% of all spend is in deals

Far more emotional in terms of brand loyalty

Twice as likely to read reviews while researching

Care more about interesting than comfort Spend more time in public spaces than private spaces

Open to sharing their information

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THE CHANGING LANDSCAPE

Flat screen tv Unique décor and themes

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BAD STAYS, REAL CONSEQUENCES

Damaged reputation

Unresolved Issues

Lost sales

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ENGAGING TRAVELERS

Research

Trip Planning

Check-in Booking activities

Room service

Booking, visiting the

spa

Having a drink at the lobby bar

Requesting extra towels

Scheduling a wake up

call

Resolve an issue

Survey/Review

Booking

Guest Data

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CAPTURING CUSTOMER DATA

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CAPTURING CUSTOMER DATA

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CAPTURING CUSTOMER DATA

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MAKING SENSE OF BIG DATA FOR HOTELS

PERSONALIZED ADS

9X more effective

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BIG DATA

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BIG DATA OPPORTUNITIES

1. Companies that utilize Big Data to drive business decisions will outperform competitors in virtually every financial metric*

2. Big Data is ideally suited to drive sales growth through more effective marketing: Actionable insights for marketing yield better outcomes

*Gartner Hype Cycle for Cloud Computing, 2012

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EXAMPLES OF CUSTOMIZED EXPERIENCES

The Peabody The Four Seasons Boston

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Data IntegrationNightmares

High Cost, Complexity

Operational Overhead

Disjointed Guest

Experience

WHY IT’S PAINFUL TODAY

Who is your guest?

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MEET THE PRESENTER

Josh Steinitz

Vice President, Business Development

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AN INTRODUCTION TO REVINATE

SaaS tech company based in San FranciscoSingapore, Sydney, Dubai, Amsterdam & NYC offices

Founded in 2009

Focused on Hospitality

Industry-leading Guest Feedback andOnline Reputation Management solutions

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23,000 HOTELS IN 143 COUNTRIES

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EXPERTISE IN HOSPITALITY

MobileSocial Analytics

• Adaptive Technologies• Mobile and iPad • Designed for Guests,

Hotel Staff

• Data-driven Decisions• Competitive Insights• Financial Data• KPIs & Goals

Millions of• Reviews• Surveys• Social Mentions

Big Data

Industry Partnerships/Integrations+

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THE GUEST EXPERIENCE

Guest Data Insights for Analytics, Service and Marketing

Intelligent Interactions

Reservations

Pre-Arrival Emails

Advanced Check In

Guest Preferences

Room Upgrades

Pre-Stay During-Stay Post-Stay

Room Service Orders

Dinner/Spa/Golf Res.

Service Requests

Stay/Property Info

On–Site Promotions

Loyalty Programs

Mobile Check-out

Engagement & Promotion

Guest Marketing

Book Brand Properties

Reviews & Social Media Post-Stay SurveysOn-Site Surveys

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THE SOLUTION

Rich Guest Profiles + Smart Guest Marketing

SUPERIOR GUEST EXPERIENCE AND REVENUE $$

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1. Contact info: first name, last name, email address, home/work address, phone number…

2. Demographic info: male/female, age, marital status

SEVEN KEY ELEMENTS OF GUEST DATA

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SEVEN KEY ELEMENTS OF GUEST DATA

3. Social: Twitter, Facebook, past reviews4. Interests: yoga, golf, spa, foodie

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SEVEN KEY ELEMENTS OF GUEST DATA

5. Usage/history: trip type, first time guest, number of visits, average spend

6. Preferences: coffee, high floor, quiet room, a newspaper, feather pillows

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SEVEN KEY ELEMENTS OF GUEST DATA

7. Experiential: feedback on property, liked a local restaurant, reviews

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COLLECTING AND USING DATA

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GUEST PROFILES

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KNOW YOUR GUESTS

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BETTER SERVE THEIR NEEDS

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EXAMPLES OF PERSONALIZATION

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DESIGNING THE RIGHT EXPERIENCE

1. Girl’s Getaway2. Business Traveler 3. Family vacation

1. Kids activities2. Wine reception3. Spa offer

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Guest MarketingAccess an ultra-targeted communication center.

• Automated communications through the guest lifecycle

• Email & SMS text messages• Deep segmentation and targeting

MARKET TO GUESTS

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Guest MarketingAccess a powerful, ultra-targeted communication center.

• Automated communications through the guest lifecycle

• Trigger-based and custom marketing campaigns

• Email & SMS text messages• Deep segmentation and targeting

SEND TARGETED WELCOME EMAILS

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DRIVE LOYALTY AND RETURN VISITS

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MANAGING GROUPS

Weddings

Corporate Events

Conferences

Tour Groups

Family Reunions

Conventions

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THE POWER OF RICH GUEST PROFILES

Superior serviceTargeted marketing

Operational efficiency

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TOUCHPOINTS

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DuringPre-stay Post-stay

Room Upgrade

Room Service Order

Spa Booking

Direct Booking via Email Capture

ActivityBooking

Personalized Marketing

Daily Guest Reports

Service Recovery

Fewer Systems

Loyalty Marketing

Automation

Advanced Targeting + Intelligence

Guest

Hotel

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Q & A

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For more information about Revinate’s

services, email [email protected]

Replay and presentation from today’s webinar will be available at www.tnooz.com

Thank you!