RE-STRATEGISING' FOR LONG TERM SUCCESS
Hotelier India|December 2020
The hotel and tourism industry is currently going through one of the most difficult times that can be recalled.
RE-STRATEGISING' FOR LONG TERM SUCCESS

The COVID-19 pandemic has shaken up the entire world and more so the hospitality industry, which runs on people connect.

However, I am a diehard optimist and would rather take this time to look at the opportunities that the adversity has thrown at us. There is no doubt that this will emerge as the survival of the fittest and it reminds me of the famous saying – when the going gets tough, the tough get going.

Most hotels have partially started their operations and one would have seen and experienced the new norms that they are following in this Covid era. Now is the time for all stakeholders in the industry to re-strategize’ in a bid to remain financially sustainable.

Already, guests are beginning to seek out hotels, restaurants and banquets spaces where they can feel safe and comfortable. It is important for hoteliers to send out the message that they are ready to provide them with a healthy and safe environment and actually live up to these promises.

THINKING HARD

The immediate future and long-term prospects demand that hoteliers start looking out for newer avenues for revenues. It is not possible to come up with these strategies in isolation. Entire teams ought to brainstorm after evaluating the present market situation and the competitive scenario. This might necessitate a tough SWOT analysis so that a hotel can choose its target market and new clientele based on its contemporary strengths.

A small but good improvement is evident in the wedding segment, as there was a large backlog of celebrations which were put on hold during the lockdown. The leisure market is also slowly picking up.

I predict that the first rays of success shall shine upon hill station resorts. Next in line will resort near large cities, where guests can drive to within a couple of hours.

この記事は Hotelier India の December 2020 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Hotelier India の December 2020 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

HOTELIER INDIAのその他の記事すべて表示
The Big Fat Indian Wedding
Hotelier India

The Big Fat Indian Wedding

With a slew of initiatives, hotels are ensuring that the wedding day is special for the couple as well as for the hotel's bottom line.

time-read
4 分  |
June 2024
An Organization Of Rainmakers!!!
Hotelier India

An Organization Of Rainmakers!!!

Rainmakers are revered for their ability to generate income (rain) for an organization by cracking deals, attracting clients/guests and holding on to them; often, for a lifetime... Revenue generation (rainmaking) is the job of everyone on the team.

time-read
2 分  |
June 2024
Hospitality: A Rewarding Career Awaits
Hotelier India

Hospitality: A Rewarding Career Awaits

Delving into the roles and responsibilities that professionals in the field of hospitality can undertake in carving a rewarding career.

time-read
3 分  |
June 2024
"India is my first baby!"
Hotelier India

"India is my first baby!"

Bader Ali Habib, Regional Head of Proximity Markets, Dubai Department of Economy and Tourism, gets candid.

time-read
3 分  |
June 2024
The Essence of Landscape Architecture
Hotelier India

The Essence of Landscape Architecture

Innovative landscaping can enhance the luxury hospitality experience by enriching guest interaction with the natural world.

time-read
2 分  |
June 2024
Teaching the Art of Tea
Hotelier India

Teaching the Art of Tea

The first global tea artist from India, teaching the art of making and drinking fine tea, Susmita Das Gupta talks about her mission to make Indian specialty tea reach a global audience.

time-read
4 分  |
June 2024
Feeding Profits
Hotelier India

Feeding Profits

Food and beverage is driving revenues in hospitality in novel ways as hotels innovate with new-age experiences.

time-read
5 分  |
June 2024
Acing the Revenue Game
Hotelier India

Acing the Revenue Game

Hotels are looking at new avenues to generate revenues that go beyond rooms and food.

time-read
4 分  |
June 2024
The Power of Predictive Maintenance
Hotelier India

The Power of Predictive Maintenance

A strategic approach to enable Indian hotels to become leaders in sustainable hospitality.

time-read
3 分  |
June 2024
Shaping a Sustainable FUTURE
Hotelier India

Shaping a Sustainable FUTURE

To mark the occasion of World Environment Day this month, we find out how the hospitality industry is paving the way for a greener, healthier tomorrow...

time-read
10+ 分  |
June 2024