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Survey Finds Critical Gaps in How Hotel Companies Organise Tradeshows and Measure True Costs
Survey Finds Critical Gaps in How Hotel Companies Organise Tradeshows and Measure True Costs

 

NewswireToday - /newswire/ - London, United Kingdom, 03/25/2008 - A recent survey conducted by Hospitality Sales Solutions (HSSO) in association with Nexus World Services found that over half of respondents do not use any technology at all to assist in planning trade shows.

   
 

A recent survey conducted by Hospitality Sales Solutions (HSSO) in association with Nexus World Services found that over half of respondents do not use any technology at all to assist in planning trade shows, while 47% believe that their existing systems do not assist them in managing tradeshows and events.

The survey is part of a series designed to understand sales challenges better and to optimise sales management in the hotel industry. It focused on sales and tradeshow/event management and questioned over 30 top hotel groups about how they organised tradeshow participation and measured their performance. With a number of important industry events like Confex London, ITB Berlin, Imex Frankfurt and ATM Dubai happening in the early part of the year, the survey was carried out in February/March.

Survey participants were all active sales and operational persons at different levels of the hotel industry. More than half of respondents were directly involved in organising attendance at the ITB Berlin and a large percentage of their work involved co-ordinating with other team members within the company.

Some of the key aspects on tradeshow management that emerged include:

• 47% find it a time consuming exercise with 7% rating it as very difficult
• 53% say that it takes over 20 hours to organise a show like the ITB
• 57% do not use any technology to assist in planning such a show
• 47% of those surveyed believe that existing systems are not be able to assist in management of tradeshows and events
• All companies track effectiveness through a combination of the number of leads generated (80%), the number of visitors at the stand (66.67%), the number of new contacts made (66.67%) and actual conversion of leads into sales (73.33%).

With a minimum of twenty hours dedicated to organising a single tradeshow (albeit a large one like the ITB), the number of total hours sales teams spend organising shows and events are multiplied many times over. And with sales persons expected to sell more and administer less, optimal sales management processes combined with the right technology tools, will have a dramatic impact on the productivity of the sales force.

More details on the survey are available and free to download at the HSSO website under Media/Resources.

NEXUS WORLD SERVICES is a leader in providing sales management technology solutions to the hospitality industry and is currently providing services to a number of major hotel chains and groups around the world including, Choice Hotels International, design hotels, De Vere Hotels/Village Hotels & Leisure Clubs, Dorchester Collection, Drury Hotels, Four Seasons Hotels & Resorts, Larkspur Hospitality, Mandarin Oriental Hotel Group, Millennium Hotels & Resorts, Omni Hotels, The Peninsula Hotels, The Rocco Forte Collection, Steigenberger Hotels and Resorts, Von Essen Hotels, Warwick International Hotels, WORLDHOTELS.

HOSPITALITY SALES SOLUTIONS (HSSO) offers customised solutions to expanding hotel companies to enhance their sales reach and potential for revenue generation. As a specialist business based in the dynamic business hub of London, HSSO works actively with expanding hotel companies to access new European markets. HSSO also work to optimise internal sales processes and to introduce effective sales technology.

 
 
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Survey Finds Critical Gaps in How Hotel Companies Organise Tradeshows and Measure True Costs

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Contact: Vineeth Purushothaman 
+44 20 7341 4831 vineeth[.]hospitalitysalessolutions.co.uk
 
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