Realty Austin’s Post

Commercial metrics that matter Navigating the complexity of commercial team metrics doesn't have to be overwhelming. Here’s a fresh perspective on refining success measurements in a more aligned and impactful way. Lori Kiel has mentioned that she uses a concept she calls the "Key3 KPIs." It's about focusing on three crucial performance indicators that resonate across all teams—marketing, sales, and revenue. This streamlined approach ensures that everyone is not just busy, but productive and harmonious in their efforts. In the dynamic world of hospitality, where commercial teams often find themselves at odds, the Key3 methodology could serve as a beacon. By homing in on three intertwined KPIs, we facilitate a collaborative environment where marketing doesn't just work for its own ROAZ targets, or sales chase volume without regard to price quality. Implementing this with a tool like LodgIQ, teams can effectively monitor these KPIs and optimize strategies in real-time. This approach isn't just about doing less—it's about achieving more by focusing on what truly matters. #hotelcommercialstrategy #hotelcommercialstrategyplatform #hoteltechnology #revenuemanagement

Success leaves clues! In various industries, businesses have used innovative strategies to overcome challenges and achieve growth—lessons that can also apply to property management. From improving customer service in hospitality to streamlining operations in retail, these success stories highlight the power of creative solutions and efficient systems. Discover how strategies from other industries can drive results in property management. What success story inspires you the most? #ClientSuccessStories #CrossIndustrySuccess #WomenInBusiness #PropertyManagementTips #BusinessGrowth #SuccessInRealEstate #InnovativeSolutions #RealEstateProfessionals #BusinessSuccess #PropertyManagerInspiration

Don’t miss our workshop in Bristol on 16 October with Mette Davis👇 How to develop strategic client services for growth: http://buff.ly/3MCq029 The one day event will help participants shift from a reactive, day-to-day account management mindset, to a more proactive approach. Points covered on the day include: 🚀 How to develop a strategic client growth plan, what to include and what to do when things change. 💡 How to maintain a pitch mindset with existing clients, proactively unlocking opportunities as they happen. 😡 Ways to manage conflict and difficult conversations without compromising relationships. 💰 How to communicate your pricing and value with confidence, and avoid common pricing mistakes that reduce your profit and motivation. 📖 Loads of tools and templates that will help build confidence and put what you’ve learnt into action. All tickets include refreshments and lunch. Bristol Creative Industries members get a £140 discount. Register here: http://buff.ly/3MCq029 #Bristol #Bristolevents #creativesector #creativeagencies #Bristolbusiness #clientdevelopment #pricing #pitching Alli Nicholas Sian Pitman Clare Leczycki Heather Wright Lis Anderson FCIPR Gail Caig Marissa Lewis-Peart Julian Davis Adam Millbank Kate Sikora Tom Bowden-Green Tom Harber David Darke Kinneir Dufort | SteriPack Design & Product Development

We offer strategies for engaging post-stay and tools for asking for feedback. These comprehensive solutions are tailored to improve your #hotelsreputation. Learn how proactive management not only garners #positivereviews but also boosts revenue. Read more->>> https://lnkd.in/gmwZnMJN #monitoredonlinereviews #hotelreputationmanagement #onlinereputationmanagement #reviewmonitoring #hospitalityindustry #onlinereviews

Unlock the power of STR reports with our latest newsletter! 🏨📊 Discover essential insights on how STR reports can enhance your strategic planning, revenue management, and market performance. #HospitalityIndustry #HotelManagement #STRReports #BusinessGrowth

The most important aspect of your professional services business is achieving service-market fit. In this video, Gavin will share an idea that transformed the way he thinks about his consulting business. He will then show you how you can apply this idea to achieve service-market fit, leveraging advaise.app to support your business planning cycle.

Gone from running one hospitality site to owning and operating a few? Then we know your life just went from hard to REALLY hard. Your decision making is suddenly drowned in detail. You're pouring over pages of P&L data. Everything is becoming a priority, but it’s almost impossible to know where to start. Here’s how to regain your sanity (and your group’s performance) 👇 1) Get your whole group on one clear spreadsheet page (grab the template we used religiously for our 12 site group, below). 2) Start each month by taking a birds-eye view of your revenue, labour, cost of goods, and overheads. 3) Completely transform your conversations, priorities, focus, and results. 4) Feel your shoulders drop as you regain your sanity. Seriously. Jump over here to grab the most simple yet powerful P&L template for hospo groups you’ll ever find (oh, and it’s free): https://lnkd.in/girRkM-f #hospitalitymanagement #hospitalitytech #hospitalitytips

🚀 Book Club 2nd Session Recap: Exploring the Depths of "Firms of Endearment" 📚 RSVP for September event here: https://lnkd.in/g7qT-yJR Our 2nd book club session was a journey of discovery, passion, and deep reflection as we dove into chapters 4 to 7 of Firms of Endearment. Here's a quick recap of the highlights: 🌟 Introduction & Recap: We kicked off with a brief intro for new members, followed by a recap of the first three chapters for those who missed last time. Our discussion covered what makes a company truly great—success, passion, and competitive advantage all playing a role. 🤔 Key Discussions: We examined how companies like Patagonia and Trader Joe's build strong relationships with employees and customers, setting themselves apart by investing in people and fostering a culture of care and transparency. The conversation also touched on the importance of providing meaning to work, giving employees autonomy, with insights on how connecting with a company’s mission can lead to higher employee satisfaction, customer loyalty and long-term success. 🎯 Thought-Provoking Questions: "How do Firms of Endearment treat their employees differently, and why is investing in employees so crucial?" "What examples can we think of where a company made customers feel more like partners rather than just buyers?" 💡 Takeaways: Marketing isn't just about pushing a product—it's about making a positive impact on society. Whether it's reducing appearance anxiety through campaigns like Dove's Real Beauty or fostering customer trust, the goal is to create meaningful, lasting change. The idea of turning customers into investors or even employees into loyal advocates opened up new perspectives on stakeholder relationships. 🎥 Special Feature: We ended with an inspiring video that highlighted how powerful marketing can change perceptions and make a real difference. Looking forward to our next session where we’ll dive into chapters 8-11 on September 17th. 📅 Keep an eye out for the next discussion topic and don’t forget to bring your thoughts and favorite quotes! #BookClub #MarketingInsights #FirmsOfEndearment #MarketingWithPurpose #StakeholderCapitalism

Wondering why you should respond to reviews? Our latest infographic breaks down the key reasons: building trust, enhancing loyalty, and improving your online reputation! Every review is an opportunity for engagement. Let My Review Concierge help you navigate this process with ease and confidence! https://hubs.li/Q02XNfpV0 #ReviewResponse #OnlineReputation #CustomerEngagement #TrustBuilding #LoyaltyBoost #ReviewManagement #MyReviewConcierge #CustomerFeedback #BrandReputation #ReviewStrategy #business #reputation #opportunities