Hotelier’s 2003 Top Ten Internet Resolutions

Written by Max Starkov and Jason Price


How can hoteliers deal successfully with today's challenges and emerge as winners fromrepparttar present travel and economic downturn? PricewaterhouseCoopers forecasts full-year 2002 U.S. hotel occupancy at 59.5%, one ofrepparttar 134209 lowest rates inrepparttar 134210 last 75 years. RevPAR forrepparttar 134211 year is expected to be down 2.3 percent and ADR will decrease for a second year in a row,repparttar 134212 first such consecutive decrease sincerepparttar 134213 Great Depression. For 2003 PwC expects only a modest recovery. RevPAR will increase by only 3.5%. ADR is forecast to increase by 2.5% in 2003, while occupancy is expected to recover 0.6 percentage points and reach 60.1 percent.

Whether you are an independent or branded hotel, a major hotel chain or hotel management company, you can stay ahead of your competitors and capture new market share with an effective Online Distribution Strategy. Utilized properly, your online distribution strategy and especially its direct-to-consumer component, can play a major role in softeningrepparttar 134214 effects ofrepparttar 134215 travel and economic slump and will, over longer-term, definerepparttar 134216 winners in these trying times. But hoteliers should remember thatrepparttar 134217 Internet in 2003 can be your best ally or your worst enemy.

As part of your 2003 Internet resolutions, here arerepparttar 134218 Top Ten Questions you should urgently consider:

1. I will make Direct-To-Consumer Online Distributionrepparttar 134219 centerpiece of my Internet strategy, because I knowrepparttar 134220 Internet isrepparttar 134221 ultimate “Direct Distribution Medium” and it will provide my hotel with long-term competitive advantages and lessen my dependence on intermediaries, discounters and traditional channels that are about to become obsolete. I will make it my mission to reach and exceedrepparttar 134222 national average and have at least 52% of my online revenues generated through my hotel website.

2. I will re-evaluate my exposure inrepparttar 134223 Indirect Online Channels and take measures to decrease my dependence onrepparttar 134224 online discounters to avoid brand and price erosion with long-term negative repercussions. I no longer want my online discounted rates to become, de facto, my hotel’s Internet published rates which will put downward pressure on my offline rates. I will stop being taken advantage of byrepparttar 134225 Web-proficient online intermediaries. I will limit my distribution through indirect channels to belowrepparttar 134226 national average of 48%.

3. I will institute a comprehensive Total Online Distribution Strategy, which turnsrepparttar 134227 direct-to-consumer distribution model intorepparttar 134228 main focus of my Internet strategy and optimizesrepparttar 134229 balance of use betweenrepparttar 134230 Direct and Indirect Channels. I will aim to position my hotel at all "points of contact" with potential Internet travel bookers. My goal will be to utilize expertlyrepparttar 134231 important online direct and indirect channels and generate at least 13% of all my hotel revenues fromrepparttar 134232 Internet, while keeping my hotel company in full control of its brand and price integrity.

4. I will evaluate how I am doing onrepparttar 134233 Internet and determine if my online distribution is skewed towardrepparttar 134234 indirect (discount) channels. I will subscribe to an Internet Distribution Monitor Report—the needed intelligence that compares my hotel with my competitive set. Such an intelligence report will allow me to determine and monitor how I measure up against my competitors on direct vs. indirect channel utilization, identify hotel pricing and positioning on major indirect channels throughoutrepparttar 134235 Internet, and assure that I maintain control of pricing with positioning without having to necessarily match lower competitive rates that no consumer will find.

Who Wants to Be a Yachtie - Excerpt from "The Yachtie Bible"

Written by Kim Davis


International travel is easier today than it has ever been, given enough money and time. Trouble is, most of us have a hard time savingrepparttar money, and once we have that together we struggle to findrepparttar 134208 time. It seems that only wealthy retired people have enough of both to travel extensively.

Wouldn't it be great if we could afford to travel while we are young and unfettered? Sure, some people in their 20's take backpacking trips, but that type of travel isn't for everyone. What happens if you get sick inrepparttar 134209 Middle East, or run out of money in Timbuktu? Being sick or broke in a foreign country can be a scary and dangerous experience.

Guess what? There is a better way to seerepparttar 134210 world for extended periods of time without spending any money. You have to work, but you'll be working inrepparttar 134211 playgrounds ofrepparttar 134212 gods, and you get paid very handsomely for being there.

There are a variety of paid travelers out there and others who travel free. In addition, Since September 11, 2001 there has been an increase inrepparttar 134213 number of people wanting to volunteer their time. If you prefer to "give something back" while you travel, here are some websites with information:

· AmeriCorps - www.americorps.org · Catholic Network of Volunteer Service - www.cnvs.org · Habitat for Humanity - www.habitat.org · Sierra Club - www.sierraclub.org · St. Vincent Pallotti Center - www.pallotticenter.org

You may also wish to contactrepparttar 134214 International Association for Air Travel Couriers at: Tel: (352) 475-1584, www.courier.org. Truly enterprising folks might be able to get some "free" air travel in onrepparttar 134215 way to finding a paid travel related job.

This article is directed at a much more specific target. It is intended to introduce you torepparttar 134216 idea of working aboard private yachts. Here are a few considerations to keep in mind:

· You don't need a college degree to get started. · You don't have to join any clubs. · You haverepparttar 134217 chance to seerepparttar 134218 world. · You will meet some ofrepparttar 134219 wealthiest and most famous people inrepparttar 134220 world. · You will learn invaluable people skills. · You will learn numerous practical maintenance skills. · Entry-level positions often earn enough money to save $20,000 per year! · Charter yacht crews earn fantastic tips in addition to salary. · There is no overhead; no rent, no bills, uniforms and meals are provided. · Your earnings are largely tax-free. · Most yachts give four weeks paid vacation. · Not a lot of people know about this industry, therefore there are never enough good people to fillrepparttar 134221 available positions. · The trend among cruising yachts today is toward larger and more luxurious boats, therefore more crew positions are opening up allrepparttar 134222 time as brand new mega-yachts leaverepparttar 134223 yards where they were built.

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