The subject of dealing with and maximizing revenues through third party suppliers is a hot topic. At the recent Mountain Travel Symposium in Banff, at which I was fortunate to present a seminar, this topic was given consideration in the educational program.

I had the opportunity to talk with meeting planners and sitting in on a panel discussion moderated by Lori Cioffi of Meeting and Conventions Magazine. While it is impossible to lump all meeting planners into a uniform group, there was agreement on some issues that are very beneficial to property level sales people.

First of all, it has been my observation that we don't qualify meeting professionals the way we do (or are supposed to do) for our prospective clients. I think this stems from a love/hate relationship with the concept of third party suppliers. There is a feeling that we should be dealing with the end user and the meeting planner stands in our way rather than considering that we have the opportunity to receive business from them that we may otherwise not get.

Perhaps it is a guilt feeling that as an industry, we are not prospecting for groups as effectively as we could. I think this is a valid concern and as sales people, we need to take responsibility for not developing our skills in this area or for not utilizing those skills in this area effectively.

On the other hand, why would we not welcome the opportunity to develop relationships with and explore the contacts of a third party who has access to prospects who we may not be able to reach on our own. It is a vast world of prospects and it is inconceivable that no matter how many prospects we develop, we simply do not have the time or resources to reach every prospect that has the potential to use our property.

What do meeting planners want from property level sales people -- the answers may surprise you:
 

This is not an exhaustive list but it should give hotel sales departments an indication of what they need to do to maximize their opportunities from third party meeting planners.

Before you rush out to develop relationships with every meeting planner on the planet, take the time to qualify them as to the types of meetings they handle, which market segments they specialize in, if any and use your franchise sales contacts. Maximizing opportunities from the sales resources of your franchise is the subject of a whole other newsletter.

Carol Verret is President of Carol Verret Consulting and Training, a company offering consulting and training seminars to the hospitality industry in the areas of sales and marketing and customer service.  If you missed attending our live webcasts in the Training Byte Series in 2003, you will be glad to know that we are now offering each "Training Byte" in PDF format on our web site. We will not be repeating these webcasts in 2004. To order your copy, please visit http://www.carolverret.com/webcast_training.htm

Watch for our new Training Byte Series for 2004

Verret is a twenty-year veteran of the hotel industry. She arrived in Denver in the midst of an economic downturn and quickly established herself as an expert in sales and marketing in hotel turn-around situations, applying her formula for REVPAR improvement. To learn more about Carol Verret, Consulting and Training, visit her web site at http://www.carolverret.com