Having a good understanding of who your potential customers are is vital to pinning down their specific needs and creating an adapted communication and digital marketing strategy.
In this article I will help you list the key market segments identifiable for your hotel's BCG matrix and ask yourself the following questions to help you prioritise and make the right choices:
1. Where?
Where are your hotel guests from?
How far do they travel to reach your destination and hotel?
Are they local, regional, national, international?
If international, which country are they from?
Which language(s) do they speak/ understand?
2. Why?
Why do your customers choose your hotel for their stay?
Do they come for business or leisure?
If they're coming for leisure, what kind of experiences do they seek?
If they're coming for business, where are their headquarters/clients/suppliers located?
3. Who?
At which stage of their lives are they?
Teenagers,
students,
active young adults,
young couples with or without children,
families,
active seniors,
retired?
What is their purchasing power?
Low budget,
comfort,
high-end,
luxury?
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Also, ask yourself the following for each key hotel customer segment:
Is there a specific period in which they prefer to plan and book their trip?
How long do they usually stay?
Which days of the week?
Which time of year?
What are their specific needs?
Do you have all the corresponding features in your hotel to ensure their satisfaction?
Identify your hotel’s priority customer segments
By attracting the right customers and having a good mix of the different market segments, you can optimise your hotel ADR and also mitigate the effects of seasonality which is vital to your hotel's rentability!
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Written by Florie Thielin
In a world that needs sustainable tourism more than ever, Florie has been the in-charge of sustainability at HotelMinder.
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