April 22 2021:Veteran hotelier Andrew Wood writes in Travel News International to suggest strategies for hoteliers to reopen their properties.
Here is a summary of his top tips:
- Work with local travel agents and DMCs, and create a lasting bond.
- Do not expect room rates to immediately return to 2019 levels, as you may find yourself with no partners or contracts. Raising rates must be mutually agreed upon from both sides. Increase rates over time, and check with your partners on what they are selling, and at what rate to prevent unnecessary losses. Seek a win-win for both sides during re-opening.
-Build your occupancy step by step.
-Control your manpower and budgets.
-Emphasise your uniqueness
-Check all licenses and insurance are in order and renewed where applicable. Include vehicles.
-Take a look at technology use in the workplace and F&B offerings.
-Communicate clearly to all stakeholders of your plan to re-open.
-Review regularly your COVID hygiene policies.
-Look at cloud-based and integrated solutions and review PMS.
Read Andrew Woods full guide here