Creating Effective Guest Packages for Increased Reservations
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Overview
Packaging is an effective strategy to increase reservations and guest numbers with minimal or no cost. By creating packages, businesses can gain a competitive edge, entice guests to book more, increase revenue, and fill unoccupied rooms.
Key Benefits of Packaging
- Leverage publicity or promotion of existing events or products.
- Offer a broader range of products around your core business (accommodation).
- Support or partner with other businesses while showcasing your destination, leaving guests with a lasting memory.
- Attract more social media attention.
- Increase the length of stay and guest spending.
Prerequisites
Before creating packages, consider the following:
- Analyze your database occupancy month by month using the RezExpert Rate Plan Manager panel for overall or specific unit type occupancy percentages. [Click here for information on the Rate Plan Manager - Occupancy Overview]
- Use the Type Revenue and Occupancy panel to display occupancy percentages for a selected date range for all unit types. [Click here for information about the Type Revenue & Occupancy panel]
- Identify saleable inventory and periods of unoccupied nights using the RezExpert Rate Plan Manager panel.
- Evaluate target markets and their average length of stay or attraction visits.
- Identify attractive add-ons within your business to suit the target market, such as late checkouts or "Stay for 3 nights, Pay for 2" offers.
- Network with local business operators for complementary elements.
Steps
- Create Packages:
- Consider packages as an offer of convenience by combining several elements into one.
- Set pricing correctly to ensure you are not discounting below your bottom line.
- Confirm the primary seller of the package and relevant commission rates if working with a group of businesses.
- Create cheat sheets for Front Desk staff to quickly see the packages on offer.
- Ensure the product is delivered exactly as sold. - Utilize Strategies:
- Work towards increasing both occupancy and revenue levels throughout the year by implementing these strategies.
Troubleshooting
- Ensure all staff have a firm understanding of the packages to sell them effectively.
- Regularly review and adjust packages based on occupancy data and market trends.
Note: This article was provided by Caravan Industry Australia.