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Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

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How to Market to Millennials Discover the secrets to Gen Y marketing for the hotel and travel industry. This presentation will include what it takes for millennials to bond with your hotel brand and the unspoken rules of “speaking Millennial.” Learn what Millennials look for before they make a reservation and the best ways to engage with them. Bonus tips on how to work with millennial meeting planners.

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Page 1: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets
Page 2: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

Bob Rauch

President

R.A. Rauch & Associates

Junvi Ola

Chief Content Editor

Hospitality Content Studio

Page 3: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

WHO Are Millennials

WHAT Are Their Travel Patterns

WHAT Are Their Preferred

Travel Experiences

HOW Can You Successfully

Market to Millennials

HOW is the Lodging Industry

Catering to Millennials

Page 4: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets
Page 5: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

U.S. population born in 1980s and 1990s

25% of U.S. population

30% of U.S. workforce

LARGEST consumer group in U.S. history

$200 billion in annual buying power!

Page 6: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

• Avid technology users

• Find great value in social interaction

• Large focus on finding a work-life balance

Page 7: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets
Page 8: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets
Page 9: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

• Very likely to extend business trips for personal travel

• Willing to spend more for

better experiences

• Well traveled and able to

decipher a good guest

experience versus a poor

one

Page 10: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

• Take nearly 9 trips per year

• Likely to voice complaints when they are unsatisfied

• Find much enjoyment in leisure travel

Page 11: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets
Page 12: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

KEY Marketing Tip: DO NOT focus on the hotel product (the price,

the normal amenities, awards, your history).

Page 14: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

Millennials are the MOST INFORMED consumer

generation.

Before booking, we will:

•Spend hours researching online

•Ask our friends and social network about the property

•Read your reviews on TripAdvisor, Yelp, etc.

Page 15: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

Pick 1-2 staff members to monitor emerging trends in social

media and communication.

Page 16: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

Millennials actively want to support businesses that make them laugh

or show some imagination.

Page 17: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets
Page 18: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

At the speeds which Millennials move, your Website better be

CLEAN, UNCLUTTERED and EASY TO NAVIGATE.

Page 19: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

More than ¾ of

Millennials are

influenced in their

travel choices by their

friends.

Page 20: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

• Give us Something to Talk

About

• Create a conversation around

your hotel, not just a two-minute

laugh

Page 21: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

Become a ‘social media concierge’

Monitor keywords of your destination and chime in with helpful

tips

Page 22: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

You must fear the bad Millennial review!

Address these reviews quickly.

Page 23: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

Even more important for older, established brands our parents love

Page 24: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

Because we love to brag about our travels to everyone we know.

Page 25: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets
Page 26: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

Kimpton Hotels

W Hotels

Page 27: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

Ace Hotel New York

Page 28: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

Control4 Technology in City Center Las Vegas hotels

Page 29: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets

Hotel Palomar, San Diego

Page 30: Marketing to Millennials: How the Travel Industry Can Win Their Hearts and Wallets