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HomeMy WebLinkAbout04. VLMD Jan BOD Meeeting VVP Group Sales FinalVVP GROUP SALES UPDATE GROUP SALES TARGETS & OBJECTIVES •Increase awareness of Vail as a group & meeting destination through prospecting, tradeshows, in-market client events and office visits/sales calls. •Drive qualified leads to lodging partners •Provide tools and resources to lodging partners and meeting planners •Marketing & Advertising, Destination CO, ConventionPlanIt, Destination eProposals, custom site tours, manage Cvent leads, etc. •Position ourselves as a resource for lodging partners to increase awareness of local community efforts •Bringing together in-market reps, site visits, FAM tours, etc. •Assist in closing business & follow up for repeat business GROUP SALES PROCESS Creation of Leads Requests for Proposals Prospecting Calls & Meetings Marketing the Destination to meeting planners Monthly Reports Status Updates Site Tours/FAM Results Groups Booked Follow Up Thank You/Repeat Travel/Tradeshows, Events & Office Visits MEASUREMENT CRITERIA •Number of qualified new leads generated •Number of groups booked •Number of planners reached via tradeshows, customer events & sales calls •Increase in mid-week occupancy as measured by DestiMetrics reports •Increase in group occupancy as measured by seasonal lodging outreach •Lodging partner/member relationships •Leads Sourced to Lodging Partners •Lead Status Update Reports •Month End Lodging Revenue Reports •Send Site Destination eProposal •Coordinate & Assist with Site & FAM Tours •Site Tour Reimbursement Program •Onsite Marketing Materials for Groups •In-Market Representation & Co-op Opportunities VVP & SHARED RESOURCES KEY PERFORMANCE INDICATORS – 2018 YEAR END RESULTS TRADE SHOWS ATTENDED: 24 Meeting Planner Attendees: 12,090 One-on-One Appointments: 971 VVP CLIENT EVENTS: 4 Meeting Planner Attendees: 124 SITE TOURS HOSTED: 12 FAM TOURS HOSTED: 4 •Marriott, IPW Vail, Manor Vail Lodge & Destination CO Additionally, each sales manager has attended multiple in-market monthly meetings & events with MPI, CSAE, Destination CO, Rotary, HSMAI, SKAL KEY PERFORMANCE INDICATORS – 2018 YEAR END RESULTS 2018 2017 2016 2015 Leads Generated 247 238 231 162 Groups Booked 91 79 101 54 Conversion Rate 37% 33% 44% 33% Booked Room Nights 17,870 19,356 19,821 7,423 Leads in Pipeline 47 55 56 47 CVENT RESULTS 2017 VS. 2018 Vail City Stats Jan- Dec 17 Jan- Dec 18 % Change YOY RFPs in City 482 607 26% Unique Room Nights in City 128,356 177,122 38% Awarded RFPs in City 73 82 12% Awarded Room Nights in City 11,068 9,958 -10% Awarded RFP Value 4,027,956 3,717,581 -7% DESTINATION EPROPOSAL - SENDSITES