Are we entering a recession? Are we in one? Are we going
to avoid one?...I don't know but seemingly neither do the
talking heads and economic pundits. Nevertheless, the
topic of Recession Proof Vacations hit the news this
morning.
Not sure how many innkeepers had the time to
watch the Today Show
this morning, but there was a very interesting piece about
travel with host Matt Lauer and travel editor
Peter Greenberg
under the heading of
Recession Proof Vacations.
The nuts and bolts of the piece revolved around several
topics, some relevant to our industry, and others more
relevant to the larger hotel chains...but for us the key
points are, the US is a bargain for overseas travelers due
to the strength of the Euro, Yen, Canadian Loonie, etc.
Next key point is that people should investigate the
shoulder seasons as good times to travel as rates are
often lower than during the peak season. So far so good!
Next came the question about staying at the smaller B&B "hotels"and
Greenberg's response was for vacationers to look at the
midweek, check in on Sunday and check out Friday morning,
as the ideal time to stay at B&B's because as he put it,
the B&B's make their money on the weekends.
Nothing new here as we've always been concerned about
increasing the off/shoulder season business and the
midweek business, but when you have high profile people
and shows , like the Today Show giving advice to travelers
on how to get the most bang for their buck by traveling
during the shoulder/off season and staying during the
midweek, it creates a potential WIN-WIN situation for all!
OK, now what to do? Review your marketing strategies
and your website to see if you truly are making your
property attractive to the foreign traveler but probably
more importantly, have you created a legitimate reason and
call to action for today's contemporary traveler, the
i.guest, to book a stay with you...when you really want (
and need) to see them, during the shoulder season Sundays
through Thursdays?
If after your review, the reasons to exercise your call
to action/make the reservation aren't there...create them
and now. Take a few minutes and turn this newsworthy topic
into a money making opportunity!
We'd love to hear
from you with some success stories!
Rick