Posts Tagged ‘Marketplace’

Emerging Trends in Travel by Karen Escalera

Tuesday, March 1st, 2011

We go to great lengths to identify emerging trends so that we can always be one step ahead, and so our clients can benefit from constant changes in the marketplace. Over the next week or so, we’ll be rolling out our predictions for travel PR trends in 2011.

1. Measurement, measurement
PR will be further pressed to provide ROI to employers and clients. Reporting will not just include coverage, engagement, quality of relationships, influencers and opinion makers reached, brand awareness and the success of key messaging, but also, influence on sales revenues. With more and more analytical tools coming to market, firms will need to demonstrate stronger results for clients.

2. Ideation
There’s been an explosion of new travel product and with it comes more competition. It has become more important than ever to communicate the uniqueness of a product, setting it apart from the pack. Traditionally, PR has been viewed as publicity, primarily a promotional conduit for communications and building relationships with the media. What will be realized is that the right PR firms can be a creative powerhouse for the generation of ideas for new products, features and services that can add value to the consumer experience, generate press coverage and revenue.

3. Confluence of marketing disciplines
A trend to watch for the near term is the growth of unified services to help deliver on ROI. Ultimately, businesses need to meet their business objectives and some don’t particularly care whether it’s with the help of PR, advertising, or digital marketing, as the lines are blurring between disciplines. Final decisions come down to results and budget, and there’s a perceived value element in bundled services. It’s becoming increasingly important to have all the tools in the marketing arsenal – a fully integrated package that’s readily available for clients. Expect to see more of these disciplines coming together via mergers, acquisitions or formal alliances that provide total integration.

4. Print media is rebounding
While audiences will still turn to social channels where they can discuss with their peers, it’s important to remember that social media is still only one slice of the media mix. 2010 proved to be the year magazine publishers took hold of the reins by integrating print and digital ad sales counterparts. As a result, magazine sales are up for the first time since 2007: magazine ad sales revenue was up 3.1% in 2010, a turnaround from an 18% decrease in 2009. For affluents in particular, while they are digitally savvy, they still expect a luxury brand’s presence in print because it’s still regarded a credible source. Savvy PR and marketing pros will recognize that there are buoyant and effective growth markets to be found in print, i.e. niche, community and industry media.

5. New corporate PR position – Director of Content
Just as editorial directors across the country have been told to see themselves as content providers, so too should PR professionals. Corporate PR Directors, already wordsmiths, manage strategic messaging and they collaborate with marketing. So who better to create, manage and deploy content across a portfolio of channels – print, digital (website content, enewsletters), and social media (blogs, Facebook, Twitter, YouTube, etc.). Perhaps this new Director of Content will report to the Chief Content Officer (formerly the Chief Marketing Officer)?
6. Travel industry will wake up to the importance of images, video
Too many hotels just don’t seem to get it –their websites are typically second generation sites that have graduated from brochures to e-commerce platforms (i.e. reservations), and have not yet embraced social media, quality images and video that engage and help reinforce brand attributes. 2011 needs to be the year of the “a-ha moment” as to the value of engaging content, and a willingness to commit a large portion of the marketing budget to it. Hotels are in the experience and memories business; they must create an initial experience that provokes the “I love it!” response.
Likewise, PR strategists will spend more time developing the visual aspect of news and take advantage of today’s video consumption boom. It attracts attention, entertains, informs, increases visitor engagement and motivates consumers to sample or buy product. Moreover, YouTube ranks first in Google’s search results.

7. Service content rises in prominence
As consumers increasingly turn for guidance and how-to’s online, opportunities are increasing for companies and executives to get added exposure through service-oriented articles providing education and thought leadership. At the other end of the spectrum, with social sharing of news, whatever grabs attention and is controversial will stand out from the crowd and more likely to be shared on Twitter and Facebook. Also, expect more research data from PR firms, made possible by the ease of online surveys.

8. Public relations continues to rise in value
The adage “out of sight, out of mind” applies now more than ever. After the recent Great Recession, it’s imperative that brands and companies be visible by announcing that “we’re still here for you” (and haven’t gone out of business like so many others). Moreover, the PR pros of today are working outside of the traditional PR box, and have become quite skilled in creating their own video and digital content for clients. They have become socially interactive in online communities and are speaking directly to mass audiences in their language.

9. Storytelling drives engagement
Facts are great, but a story is better. PR is in the storytelling business. The storytelling approach is the most powerful driver of engagement in social media, where the media, consumers and influencers alike are connecting, interacting and sharing content. Moreover, good stories give your consumers an excuse to spend, create an affinity with the product, and help consumers feel more educated about your product.

10. Freelance media back on PR’s radar screen
With the steady downturn in the number and circulation of print media, freelance writers have watched their markets dwindle. As a result, they’re branching out, expanding their outlets by becoming authors, bloggers, providing content for mobile apps, varieties of new ‘lifestyle’ travel guides (e.g. Louis Vuitton guides, Gucci’s Little Black Book), and for hotel/destination websites, which are increasingly providing more travel and local information for browsers. With this in mind, PR Pros who are looking for new approaches and places to get their clients visibility will be turning to freelancers.

On My Mind- In the Shadows for Too Long

Saturday, September 4th, 2010

On My Mind- In the Shadows for Too Long
By Jay Karen, PAII CEO

Have you ever tried to get someone to try something you just knew they would like, but found it hard to convince them? That’s what I feel our industry has been up against for decades – trying to get travelers to try B&Bs. There is no question with the sharp growth of the industry in the 80s and 90s and the marketing power of the internet since the mid-90s, millions of travelers have experienced our great product. We have loyal customers who understand the value of a fantastic B&B stay. But there are many more travelers out there who have never stayed at a B&B – either because of one of the many “myths” or negative perceptions they might already have, or (according to our own research) staying at a B&B doesn’t even cross their minds as an option when booking travel. Whatever the reason, we all know in our industry what a fantastic product we have. With the rise of alternative lodging options and the sincere efforts of hotels to deliver an experience more like ours, we need to press forward and start getting more people to book stays at B&Bs. Our industry has to start doing something different and fresh to enter the consciousness of the traveler. We want people spreading the word about B&Bs in ways now possible that were impossible before. Enter – Better Way to Stay.

PAII wants to get more people talking, Tweeting, Re-Tweeting, status updating, sharing, linking, forwarding and emailing about B&Bs. We don’t want to build another directory. We want to get more travelers checking out what the industry already has – some great assets that have been around for years. I’m talking about the B&B directories, travel sites, state and local association web sites, your web sites, and ultimately clicking the “Book Now” button more and more. As your industry’s trade association, it’s part of our DNA to want to do this. We want to create buzz and attention for the great businesses in our marketplace.

For years innkeepers have wanted PAII to build an effective directory of our members. They figured it would be the silver bullet for membership growth and ultimate stability and success for PAII. The fact is that the horse is out of the barn on that one – several directories have been around since the mid-90s and are leagues ahead of what we could do from a search engine optimization standpoint. We don’t want to compete with them – or you, the innkeeper! Building our own directory – if we were to be effective in the search engines – would mean having us compete with you for premium placement on search result pages. There are some great B&B directories and association web sites that have been delivering value for years to innkeepers. We don’t want to compete with them – we want to bring more traffic to them!

But, we’ve been up against many elements for years. As we fight for PAII’s sustainability and success, it’s time we get on the offense rather than the defense. With the help of volunteers within the PAII ranks (our Board of Directors, Advisory Council, Campaign Committee and many others) as well as some folks who had some early blind faith in our ideas and vision (see list at bottom of this post), we are moving forward with the industry’s first ever campaign to get more people understanding that B&Bs are the “Better Way to Stay.” We have enlisted professional assistance from some fantastic resources and are currently building the basic elements of a successful campaign.

What we do with this campaign will have a lot to do with the level of support we get from all four corners of our industry – from everyone who has a stake in the game. Sure, we’re not going to get everyone to chip in, even though the intent of this campaign is to be non-discriminatory with regard to whom we want to get more business. We want all innkeepers to benefit from our efforts, but naturally we plan to promote those who support the campaign. And I hesitate to use the word “campaign,” because it can imply something temporary. The intent is for PAII to coordinate and support permanent, ongoing efforts to raise awareness and influence people to give us a look. We should only ever back off such efforts when most innkeepers are turning away business on account of being full throughout the year. With a national average occupancy somewhere near 40%, we know there’s a lot of work to be done.

So, today I’m writing this just to keep you informed about what is happening. We’ve been talking about the prospect of this campaign for at least two years. We are not ready to launch it, but we’re ready for you to start knowing about it. Visit www.betterwaytostay.com for a few more details and to get a flavor of what we’re working on.

Stay tuned for more! We hope you are as excited as we are.

Thank you to the following folks for your early support:

* BedandBreakfast.com
* Empire State B&B Association
* New Mexico B&B Association
* British Columbia B&B Innkeepers Guild
* Illinois Bed and Breakfast Innkeepers Association
* Bed and Breakfast Inns of Missouri
* Indiana Bed and Breakfast Association
* Pennsylvania Tourism & Lodging Association
And individual innkeepers

Member Nominated “Most Valuable Contact” at Marketplace

Tuesday, April 13th, 2010

The Nebraska Association of Bed and Breakfast (NABB) participated as an exhibitor at the 4th Annual Marketplace conference held in Kearney, NE in March.

Marketplace is an event catered towards entrepreneurs and provides education and networking opportunities.

Mary Coleman, current NABB board member and owner of Alte Haus B & B in Syracuse, was the NABB representative at the conference.  Mary was recently nominated as a “Most Valuable Contact” by one of the attendees.  He had visited the NABB booth and was inquiring about the Bed and Breakfast industry and membership in the NABB.

Congratulations goes to Mary as this nomination is an indication of her warmth and friendliness and her desire to be of utmost service to those with whom she speaks.

Nebraska Association of Bed and Breakfast (NABB) offers Entrepreneurs and Business owners Membership Information