Mixing it up is The Key to Year-Round Occupancy
A various and strong customer base is the key to ensuring year-round occupancy.
Each accommodation business will have its own unique selling point along with a specific market that is primarily attracted to the property. To build year-round solid occupancy it has become necessary to have a second, third and fourth option in order to maintain and enhance profitability. Being flexible and having the capability to adjust the marketing and guest options so that the property will attract different market segments throughout the year will benefit the fiscal result.
Any adjustments within the property should be simple and easy to alter on a regular basis or when required. One simple option is to consider investing in king zip beds. A king zip bed is a bed consisting of two king single beds that can be zipped together to create one king bed. This will allow the bedroom to comprise of two single beds or a king bed. Minimising the feeling of the zip in the middle can be easily fixed with an extra mattress protector. Allowing the bedrooms to be suitable for families as well as couples travelling together or singles needing separate beds. This simple step will open the property up to twice the potential and thus revenue.
Another opportunity is to provide portable accessible facilities for the room or modifying particular rooms for guests with accessible needs. The accessible market continues to grow and will again add to the attraction of the property. If the property has this potential, it is advisable to speak with Accessible Accommodation first to see if the property is suitable and how you can be a part of this growing and necessary market.
Throughout the year clientele for the property may change. School holidays will bring families, winter can bring romantic getaways and spring may bring the adventurous. Developing marketing strategies and packages for the different market segments that the property attracts throughout the year will ensure regular visitation and occupancy. It can also help to maintain the variety in the marketing content. Developing strong marketing content, especially for social media, constantly can be a challenge and this can ease the pressure a little.
Offering different packages or rate structures at different times of the year can also help to boost the bottom line and attract different clientele. Winter specials encouraging extended stays or value-added packages with local restaurants will help to maintain the occupancy through the quieter months as well as promoting other local businesses.
Pet friendly accommodation is another avenue that can be explored for a property. The entire property does not need to be pet friendly, however offering one or two rooms for guests traveling with small pets can provide a welcome increase to the revenue stream.
Corporate guests, travelling company representatives or trades people are a great midweek option for city and regional motels. They often stay for multiple days through the week and travel independently. Offering corporate or discounted rates for midweek repeat clients can assist in providing regular income for motels. Contacting local organizations can be a great way to network and bring this business to fruition.
Being listed on a variety of OTA’s is one of the many ways to increase exposure. Similarly, being available for wholesale or international travel agents is another fantastic option to grow occupancy. There can be a bit of work in the set-up, however there are many benefits to being listed internationally. All it takes is one strong online review and the word will spread far and wide.
Over the years, I’ve seen many properties’ struggle when they focus on one niche area, just like putting all their eggs in one basket. Mixing it up in the customer base can really help the business in difficult times. Seeing the international market disappear and the domestic market surge followed by the reverse during the years after the pandemic, it was important for properties to quickly and easily adapt. As well as welcome the changes to procedures with advances in technology that became the new norm. When one segment fades away or slows, another will pick up and that’s when an easily adaptable and flexible property will flourish.