Hotel Online
News for the Hospitality Executive


advertisement


Hotels Optimistic About Future But Still Not Hiring

Knowland Survey Finds Majority of Hoteliers Experienced Growth in 2010, Expect More in 2011


McLean, VA, 12/22/10The Knowland Group, a leading provider of business development solutions for the hospitality industry, recently conducted a survey of hoteliers on how the hospitality industry fared in 2010 and what 2011 will bring. The survey found that most hoteliers are optimistic about the future of the hospitality industry, with 88 percent predicting growth in their group business in 2011. The news is not as good for those looking for work, however, as only 4 percent of hotels plan on adding to their sales team in 2011.
 
A large majority of hoteliers surveyed, 75 percent, said that 2010 had been a better year for group business than 2009. Some experienced high levels of growth while others more modest. 19 percent saw less than a 5 percent increase compared to 2009, 43 percent experienced 5 to 10 percent growth, 31 percent had 10 to 25 percent growth, and 7 percent saw business go up over 25 percent.
 
“The hospitality industry is finally starting to improve after several difficult years,” said Knowland CEO Michael K. McKean. “Hotels must use professional business development to build upon this momentum and have an even more successful 2011.”
 
The hoteliers surveyed from across the United States were also asked what they thought was the hottest trend of 2010 in the hospitality industry. Becoming a social media star was the number one choice at 31 percent. Close behind was upping the ante on customer rewards, at 29 percent, and going green, at 27 percent.
 
This Knowland survey was conducted over a two-day period from December 16-17, 2010. The full survey results can be found below.

1.    Has 2010 been a better year for group business at your hotel than 2009?
 
a)    Yes – 75%
b)    No – 25%
 
If so, how much would you estimate your group business has gone up compared to 2009?
a)    over 25% - 7%
b)    10 to 25% - 31%
c)    5 to 9% - 43%
d)    0 to 4% - 19%
 
2.    What do you think was the hottest trend of 2010 in the hospitality industry?
 
a)    Upping the ante on customer rewards – 29%
b)    Going green – 27%
c)    Battling bed bugs – 3%
d)    Becoming a social media star 31%
e)    Bringing famous restaurant chains into the hotel – 0%
f)    Other – 10%
 
3.    Has your hotel changed ownership or management companies in 2010?
 
a)    Yes 10%
b)    No 90%
 
4.    Do you see your group business growing in 2011?
 
a)    Yes – 88%
b)    No – 7%
c)    Unsure – 5%
 
5.    Do you plan on increasing your sales staff in 2011?
 
a)    Yes – 4%
b)    No, we already hired more people in 2010 – 7%
c)    No, we are not planning on hiring anytime soon – 89%
d)    Unsure – 0%

About The Knowland Group

The Knowland Group is a proven innovator, developing intuitive marketing products and services that streamline and support event and group sales in the hospitality industry. The company, headquartered in McLean, VA, serves over 3,000 hotel clients and 25,000 users globally. Knowland was ranked as the fifth fastest growing software company (public or private) in North America by Deloitte and the second fastest growing private company in the travel industry for both 2009 and 2010 by Inc. Magazine. For more information, visit www.KnowlandGroup.com, call 410-860-2270, or follow us on Twitter @knowlandgroup.
.
Contact: 

Megan Tate, Communications Manager
The Knowland Group
(703) 286-0852
[email protected]

 

.
.
 
Also See: Knowland Hires Seasoned Director for Event Booking Center (EBC); Experienced Call Center Manager to Lead EBC in Proactive Outbound Sales for Clients / December 2010

Knowland EBC (Event Booking Center) Expands 500% Due to Increased Demand; 30,000 SqFt Location Opened to Support Professional Business Development Services / December 2010

Creating a Culture of Success at Knowland; Knowland CEO Mike McKean Maps out how Employees “Belong, Thrive and Arrive” / November 2010

Hotels Down in the Polls on Election Night; Only 23% of hotels surveyed by Knowland have election watch parties booked on Tuesday / November 2010

Knowland Chief Learning Officer Discusses Fast HR Strategies with Center for Effective Organizations; 5th Fastest Growing Software Company in North America Presents on Challenges Developing Training for High-Growth Businesses / October 2010

Hotels Slow to Act on Mobile Apps Despite Belief in Their Future; Knowland survey finds many are unaware of hospitality apps / October 2010

Knowland Moves Reports to the Cloud; Innovative Business Development Firm Enhances Client Experience / October 2010

Knowland Provides 25,000th Customized Event Report Event Booking Center Supplies Golden Leads to Hotel Sales Teams / October 2010
.

To search Hotel Online data base of News and Trends Go to Hotel.OnlineSearch
Home | Welcome| Hospitality News | Classifieds| One-on-One |
Viewpoint Forum | Industry Resources | Press Releases
Please contact Hotel.Onlinewith your comments and suggestions.