attribute based selling in hotel industry

Attribute-Based Selling In the Hotels Industry- Hotelogix

Hotelogix Marketing
Hotelogix Marketing

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In today's fiercely competitive hospitality industry, staying ahead requires attracting more guests and selling more rooms. In this context, one of the most transformative trends reshaping how hotels market and sell their rooms is Attribute-Based Selling (ABS). This approach not only helps hotels meet and exceed guest experience but also optimizes their revenue potential. In this blog, we will delve into the concept of ABS, how it differs from traditional room selling, its advantages, and the steps to implement it successfully in your hotel.

What is Attribute-Based Selling in Hotels?

Attribute-based selling is a modern sales strategy where hotels offer individual room attributes or features as separate purchasable options. Instead of selling rooms as a standard package, ABS allows guests to customize their stay by selecting specific features they value, such as a balcony, ocean view, high floor, or access to exclusive amenities while booking their rooms. This model of selling rooms caters to the diverse preferences of travelers, providing them with a personalized experience that meets their unique needs.

Conventional Room Selling vs. Attribute-Based Selling

Conventional room selling typically involves categorizing rooms into standard types, such as single, double, suite, or deluxe, each with a predefined set of features and a fixed price. This method assumes a one-size-fits-all approach, where guests must choose from limited room categories without the flexibility to customize their stay. In contrast, ABS breaks down room features into individual attributes, allowing guests to build their ideal room experience by selecting the desired features. This customization enhances guest satisfaction and opens up new revenue opportunities for hotels.

Advantages of Attribute-Based Selling in Hotels

Enhanced guest satisfaction: ABS empowers guests by offering them greater control over their stay. By allowing guests to choose the features that matter most to them, hotels can create a more personalized and satisfying experience. Such a greater degree of personalization has the potential to result in increased guest contentment and commitment.

Optimized revenue management: Hotels can maximize their revenue potential by monetizing individual room attributes. ABS enables hotels to charge premiums for high-demand features, such as a corner room, a city-view room, a sea-facing room, or early check-in. This granular pricing strategy allows hotels to better align their offerings with guest preferences and willingness to pay, ultimately driving higher revenue.

Improved operational efficiency: Implementing ABS can also streamline hotel operations. By offering attributes as separate options, hotels can better manage their inventory and allocate resources more efficiently. This approach allows for more precise hotel forecasting and inventory control, reducing the risk of overbooking or underutilization of certain room features.

How to Implement Attribute-Based Selling in Hotels?

Identify key attributes: The first step in implementing ABS is to identify the attributes your guests value most. Conduct surveys, analyze guest feedback, and assess booking patterns to determine which features are in high demand. Common attributes include room size, view, floor level, proximity to elevators, and access to specific amenities.

Develop a pricing strategy: Once you have identified the key attributes, develop a pricing strategy that reflects their value. Consider the demand for each attribute and set appropriate price differentials. For instance, a room with a balcony or a higher floor might command a premium price compared to standard rooms. Ensure your flexible hotel room pricing strategy can be adjusted based on seasonal demand and occupancy levels.

Upgrade your technology: Implementing ABS requires robust technology to manage the customization process and track inventory. Invest in a Cloud-based Hotel Property Management System (Hotel PMS) like Hotelogix that supports attribute-based selling and integrates seamlessly with your booking engine. The booking engine should allow guests to easily select and pay for individual attributes during the booking process.

Train your staff: Educate your staff so that they understand and promote the benefits of ABS. Ensure that your front desk and reservations teams know the available attributes and can effectively communicate their value to guests. Empower your team to suggest relevant attributes based on guest preferences and needs.

Market available customization options: Promote your attribute-based offerings through your hotel's website, social media channels, and email marketing campaigns. Highlight the ability for guests to personalize their stay and showcase the unique attributes available. Use visuals and descriptive language to illustrate the benefits of each attribute, encouraging guests to select options that enhance their experience.

Tips to Enhance Guest Experience with Attribute Based Selling

Leverage data for personalization: Utilize data analytics to gain insights into guest preferences and behavior. It's essential to recognize the most popular attributes and recognize patterns in guest selections to customize your offerings and marketing efforts to meet guest preferences. Personalization can further enhance the guest experience and drive repeat business.

Offer packages and bundles: Consider creating packages and bundles that combine popular attributes at a discounted rate. This approach can appeal to guests who want multiple features while still providing additional revenue streams for the hotel. For example, offer a "Romantic Getaway" package that includes a room with a balcony, late check-out, and a bottle of champagne.

Monitor and adjust: Continuously monitor the performance of your ABS strategy and make adjustments as needed. Track the uptake of different attributes, analyze guest feedback, and assess the impact on overall revenue and guest satisfaction. Use this data to refine your pricing, marketing, and operational strategies to maximize the benefits of ABS.

Attribute-Based Selling (ABS) offers hotels a more flexible, personalized, and profitable way of selling rooms. As the hospitality industry continues to evolve, ABS provides a powerful tool for hoteliers to meet the diverse needs of modern travelers and stay ahead in a competitive market.

Read Also: 7 essential hotel room sales strategies to increase occupancy and revenue