Luxury Hoteliers Magazine 4th Quarter 2019 | Page 31

1. Segmentation & personalization An integrated CRM/RMS system merges customer spend data with behavioral information from across multiple touchpoints and channels. It enables you to create a single, robust guest profile that includes specifics such as demographics, preferences, source markets, visited locations – getting as granular as preferred room temperature and pillow type. Every member of your team has access to this data and can use it to create highly personalized experiences that are proven to drive guest retention and create more loyal brand advocates. Moreover, research from Epsilon shows that 80 percent of customers are willing to make a purchase when they’re offered custom-tailored experiences. With an integrated solution in place, you can determine the optimal rate to charge for those customized services, revenue managing them in the same manner you do your room rates to help increase profitability throughout the guest travel journey. ILHA 31