In a recent AP article,
Corporate Darwinism: Only the
Strong Survive, it was explained that, “Economic
cycles are Darwinian, picking off weak companies and
leaving survivors stronger”. From
my perspective,
this is a pretty brutal but completely honest and
interesting view of the business landscape for the New
Year. Ok, so it is an interesting point of view…but what
does that have to do with you and your inn?
Everything!
We now know we are officially in a recession, yes, times
are tough, yes, there are economic, geo-political,
environmental issues and more....but the world has not
come to a standstill. As I wrote to an aspiring
innkeeper this week, the one underlying fact is that
inns who will do well in 2009 will be the ones who are
doing everything right....website, web photography,
marketing, packaging, amenities, services, and providing
legitimate value and hospitality to their guests.
Those inns who fail to aggressively target themselves as
being the best, will be the ones who suffer. The
consumer will be more discriminating in their choices of
where to stay and how to spend their leisure/vacation
dollars.
Now is not the time to be a meek or timid innkeeper as
they will be the “victims” of these times. If you
haven’t yet, grab a cup or a glass of whatever you enjoy
and sit down and begin to put pen to paper as to what
needs to be done to insure you are the property of
choice when the i.guest, today’s contemporary
traveler, begins to make their travel and lodging plans.
Don't be afraid to try or offer something new or that
you've never done before, and don't be afraid to
ask for help if you're not sure. Remember, nothing
ventured...nothing gained. Then after you’ve identified
what needs to be done……….Do it and do it Right!
This is the time to figuratively and literally roll up
your sleeves (and incorporate every other metaphor or
adage applicable to your business) to ensure your inn is
at the top of its game and that guests are gravitating
to your site and to your inn. The AP article further
comments “…but we won't remain in the dumps
forever...".
At the end of the day, the message is clear. We are in
a highly competitive and tough environment and will have
to work harder and smarter to gain our “unfair” share of
market and competitive advantages. But if you do, you
will not only survive these times, you will have solidly
positioned yourself for when times get better…and 2009
could just be that time!
All the best for a Happy, Healthy and Prosperous New
Year!
Rick