SAS® for Hospitality and
Entertainment
For the fast-growing and highly competitive hospitality and entertainment
industries, sustaining top-line and bottom-line growth is everything. Hotels
and entertainment companies are challenged with building the brand, tapping
emerging markets that are reshaping world tourism, focusing on human assets
and leveraging technology.
Hotels and entertainment companies need to maximize revenue from existing
assets and investments, build customer value and sustain a reliable workforce.
A number of business issues in particular present challenges for hospitality
and entertainment providers:
Difficulty measuring total customer value
The number of siloed operational systems for reservations and ticketing,
player tracking, property management, retail, entertainment, food and beverage,
spas and other areas makes it hard to obtain a single customer view.
Inability to model customer preferences and behaviors
Accurately predicting which offers are most effective for particular
guests ultimately builds customer loyalty. It is critical to make an impression
on guests at every touch point to increase the frequency of visits and
increase their spend per visit.
Ineffective targeting and promotions
Marketers need better ways to identify and address new market segments
and understand which guests to target based on behavioral trends and potential
value. They also need the ability to track customer communications and
measure results to learn whether promotions are driving new business.
Incomplete demand forecasting and pricing optimization
Better inventory and pricing management requires visibility into customer-specific
buying behavior, pricing history and performance. Many organizations also
lack the ability to optimize pricing using methods that account for dynamic
market conditions and profitability implications.
Difficulty acquiring and retaining a workforce that can consistently
deliver superior service
Many hotel and entertainment executives agree that the one of the most
challenging issues is employee retention. While some turnover is unavoidable
– and perhaps even desirable in certain instances – voluntary separations
carry a significant expense for the enterprise. What's more, voluntary
separations inflict hidden costs, such as the impact on competitive advantage
when turnover affects customer service.
SAS offers hospitality and entertainment companies a host of capabilities
for these issues and more. All SAS software is built on the SAS Enterprise
Intelligence Platform, a single foundation for data integration, data quality,
analytics and business intelligence that can access data from any source
and analyze it for important insights.
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For
hotels and other hospitality providers, SAS helps you steadily increase
revenue per available room (RevPAR) and customer profitability by giving
you insight into guests' spending habits, travel needs and lifetime value.
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For
casinos and gaming companies, SAS helps you consolidate information
from your various systems and optimize patron value. With this information,
you can develop more effective promotions and offer more personalized interactions.
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For
sports companies, SAS helps you manage and analyze the increasing amounts
of data coming from varied sources – so you can drive greater fan loyalty
and spend.
Ready to put THE POWER TO KNOW® to work for you?
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