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896: Navigating the RFP Season: Insights with IHG VP Cesar Wurm
Manage episode 437961592 series 3560444
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It’s RFP (Request for Proposal) season! Cesar Wurm, VP of Commercial and Premium Brands at IHG Hotels & Resorts joins us to explore crucial topics you need to know to maximize success with group business.
Main Points:
Understanding RFP Season: What it is, why it matters, and how it impacts the hospitality industry.
Market Projections: Cesar discusses the anticipated 2-3% growth in the coming year and the factors influencing these projections.
Customer Sentiment: How the general sentiment in the hospitality industry is surprisingly positive despite economic uncertainties.
Impact of Work-from-Home: The role hybrid work models play in driving group business and the demand for meeting spaces in hotels.
Evolution of RFP Processes: A look at how RFPs have evolved from static to dynamic pricing models and the importance of total revenue yield management.
Sustainability and Well-being: Increasing focus on sustainability, well-being, and how these factors are becoming critical in RFP considerations.
#HospitalityIndustry #RFPSeason #HotelManagement #Sustainability #WorkFromHome #BusinessTravel #HotelRevenue #NoVacancyLive #AnthonyMelchiorri #GlennHousman #CesarWurm #IHG #GroupBusiness #TravelTrends
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