TPI Hospitality’s Post

Essential Budget Tips for Corporate Events in Las Vegas Planning a corporate event in Las Vegas? Discover crucial budgeting tips, from navigating security checks to understanding hidden costs like high beverage prices. Learn how to prepare financially to host an unforgettable event without breaking the bank! #CorporateEvents #LasVegas #EventPlanning #BudgetTips #SecurityChecks #EventManagement #CostSaving #BusinessEvents #FinancialPlanning #LasVegasEvents

I look forward to this chat with Noelani (Berkholtz) Schroy! We’ll talk about the Sales perspective to Commercial Strategy and how we #Elevate and meet the demands of today! #ElevateSales #CommercialStrategy #BusinessAcumen #Leadership

Brand Partnership in Hospitality Real Estate Development?!!!!!! Establishing a brand partnership in hospitality real estate development from a revenue perspective involves several key steps: 1. Revenue Sharing Agreements: Define how revenue will be shared between the property owner and the brand. This could include a percentage of room revenue, food and beverage sales, or other income streams. 2. Brand Fees: Consider any upfront fees or ongoing royalties paid to the brand for the use of their name and services. 3. Performance Metrics: Set clear performance metrics and targets that both parties aim to achieve, which can influence revenue distribution. 4. Marketing Contributions: Determine the brand's contribution to marketing efforts and how this will impact revenue generation. 5. Contract Terms: Establish the length of the partnership and any clauses related to revenue distribution, renewal, and termination. By carefully structuring these elements, both parties can ensure a mutually beneficial partnership that maximizes revenue potential. #HospitalityPartnerships #RevenueSharing #BrandCollaborations #HotelInvestments #PropertyDevelopment #GuestExperience #BrandRecognition #MarketExpansion #RealEstateRevenue #HospitalityIndustry

Hats off to the DNC team for putting together this fantastic compilation of vendors and venues! It's not too late to get your business featured in this guide. Check out the ⬇ details below to learn how you can get your business included, too! #WhyChicago

Don't miss our next MPI DFW Chapter Experience! We are excited to hear from Michael Dominguez, on Navigating Disruption and Optimizing Transformation. Be sure to join us early for the fun networking experience: *Hot Chocolate Bar hosted by the Marriott Dallas Downtown *Snow Globe Photo Activation by Freeman *Decadent Chocolate Tasting by Yelibelly Chocolates *More... Are you join us? Sound off in the comments 📢 #eventplanner #networking #professionaldevelopment #meetingsandevents #meetingprofs #meetings #eventprofs #meetingsmeanbusiness #meetingsindustrytrends #eventsindustry

🏈 So, what happens when America’s playground meets its largest sporting event? Super Bowl LVIII is taking over Sin City in Las Vegas. Our latest insights reveal a dramatic shift in Super Bowl hotel bookings and pricing - a testament to the power of major events contributing to a surge in hotel demand. 📊 With over 80% of accommodations already booked and room rates surpassing $500, this isn't just a big moment in sports; it's a big opportunity for hoteliers too. Get all of the Super Bowl data details here: https://lnkd.in/geX8sMQp Looking to exceed your revenue goals for high-demand events in 2024? #LooktoLighthouse to help redefine your revenue strategy.

We want to understand our hospitality industry better. Answer the 2024 Industry Benchmarking Survey to be in the draw to WIN a selection of prizes*. *Subject to terms & conditions Take our survey: https://hubs.li/Q02Qm-Dt0 #hospitalitysurvey #hospitalitybenchmark #benchmarkingsurvey #industrysurvey #win #giveaway

Happy Monday Everyone! 🥊 In the highly competitive hospitality industry, monitoring your competitors is essential for gaining a comprehensive understanding of the market: ➡️By analysing your competitors' activities, you can gain insights into current market trends, customer expectations, and effective strategies. ➡️Benchmarking your business against your competitors allows you to identify both your strengths and weaknesses, and make data-driven decisions to improve your operation. ➡️Monitoring your competitors can help you identify gaps in the market that can be leveraged to offer unique services or products that set you apart from the competition. ➡️By predicting your competitors' movements, you can anticipate changes in the market and be better prepared to respond to them. ➡️️Understanding your competitors' pricing strategy can help you optimise your own pricing strategy to ensure you remain competitive and maximise your revenue. It is not about copying your compset actions, but rather learning from their successes and failures so you can make informed business decisions and strategies in the future. Reach out to us to see how we can help! 🔥 #hotels #hoteliers #hospitality #revenue #revenuemanagement #pricingrecommendation #revenueandyield #lighthouse #pricecomparison #rateshopper #compsetanalysis

Top tips for planning the perfect event 👌 One of the most important parts of any event is the catering available 😋 Most events are partly (or largely) judged on what they have on offer to eat and drink. Choose caterers or vendors who understand the importance of a good scran (and good customer service). Your guests will thank you. Get more event planning tips at the link in the comments 👇 #BigRedBeard #BRB #eventplanningtips #eventprofessionals #eventsolutions #eventplanning #eventplanners

Bagging deals faster and more professionally for our subscribers. Overdelivering, one RFP at a time. Find out what makes Spalba unique and why hoteliers admire us. #Spalba #HotelDeals #RFP #HospitalityIndustry #HotelSales #EventPlanning #HospitalityProfessionals #HotelManagement #SalesStrategies #BusinessTravel #CorporateEvents