Carol Verret Consulting and Training Consulting Training Seminars |
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. . Why Company Team Meetings are Critical This Year . |
July 28, 2010
Hotel company team meetings are especially critical this year as we are emerging from the recession into a fragile recovery. Q2 demand increased by an historic percentage of 8.7% according to STR. Bobby Bowers, senior VP at STR, states that �We�re forecasting full-year 2010 RevPAR growth of just over 5 percent, driven almost exclusively by occupancy gains.� (HotelNewsNow, July 21, 2010). So what does this have to do with team meetings? The entire team, operations, sales and Revenue Management, is transitioning from lean and mean to ramping up their efforts in the face of increasing demand without sacrificing the efficiencies that they attained in the past two years. How do company team meetings support this transition? Building and supporting company culture. Every company has a culture either it is articulated or not. It is transmitted via expectations communicated by internal communications, phone conversations and every way that the corporate office �touches� the units in the field. This is the time to say �thank you� and to build consensus for strategies moving forward.The budget was so severely cut last year, it is time to invest in the team to maximize opportunities in the recovery. These are the people that went to work every day to make it happen in spite of tough market conditions. Is this white paper self serving �maybe a little. However, I have seen the effects on teams of company meetings. They emerge with renewed attitudes and appreciation for the investment that their companies have made in them. Budgets are tight and team meetings are expensive but consider the ROI of a motivated and loyal team in the coming year � priceless! Ask us about the motivating GMs � The Power of the Position program. Then check out the recommendation on my profile on LinkedIn for the Power Selling program. Social Media as a Sales Tool gives sales and RMs new ways of using social media for all profit centers. Contact us at [email protected] for more info.
Carol Verret and Associates Consulting and Training offers training services and consulting in the areas of sales, revenue management and customer service primarily but not exclusively to the hospitality industry. To find out more about the company click on www.carolverret.net. To contact Carol send her an email at [email protected] or she can be reached by cell phone (303) 618-4065. Visit www.hotelsalesblog.com. |
Carol Verret 5910 S. University #C-18, PMB 374 Greenwood Village, CO 80121 Telephone: (303) 618-4065 [email protected] Web Site: http://www.carolverret.com/ Email: [email protected] |