ITEX Helps Hotels Overcome The Recession
Hotel occupancy rates are dropping everyday, with some hotels having record lows. The current economy means many rooms are just sitting empty. ITEX is helping hotels overcome the recession by filling those empty rooms with happy barter members.
“The Best Western Toronto Airpoft Hotel has been working with ITEX for over 3 years and during that time I have found ITEX to be a valuable and dynamic tool for our hotel” says Danny Najdovski, director of sales and marketing, of The Best Western Toronto Airpoft Hotel.
“With bringing additional guests that we would otherwise not see come through our doors, thus increasing sales, it has also given us a notable competitive advantage in a highly competitive market (Toronto Airport Area).”
But it doesn''t stop there. “ITEX has also helped increase our Operating Income as well! After all, when using your ITEX dollars to pay for simple things, such as carpet cleaning, cash remains in the bank.”
Hotels are a perfect business for ITEX. The benefits come on multiple levels; the room is filled, they have created trade dollars they can use for any number of things they would normally pay cash for, and they have a new client who will help in their word of mouth advertising. Not to mention, once the guest is in the room, they pay for items such a room service, and valet by cash, bringing in even more cash flow to the hotel. None of which would have happened, if the room stayed empty.
When a hotel joins ITEX they get 24,000 members waiting to use them on their next trip to that city or town. They get an entire marketplace of people looking to rent rooms on trade. And those rooms that once would have sat idle and unused are now being filled and bringing in a profit for the hotel owners.
And it''s not just the owners that end up happy.
'Not only did I use the Itex hotel I found listed, I actually canceled a cash reservation listing so that I could use the Itex hotel” said Aleta Efferson, an ITEX member. And just because a hotel is on the barter exchange does not mean it is of lower quality. “I felt the one on ITEX was a superior hotel, and because it was for trade dollars instead of cash I had no issues paying the higher price then the cash one. Plus, the hotel staff were so courteous and friendly that I find myself wanting to stay there over another hotel that is actually more convenient for my return trip.”
Whether you are a frequent traveller or a hotel owner, the advantages of ITEX are great. To get started today contact http://www.BarterInAlberta.com
User comments, Ratings and Reviews
Read more!
[Bookmark & read later
/ Comment this story ]
SylviaRolfe from 71.100.194.xxx
Article Taged as : itex, helps, hotels, overcome, recession, http, www.barterinalberta.com, itex, helps, hotels, overcome, recession,
|
Article Statistics
Article Viewed 2731 times.
Positive attitude 1 votes [0%]
Negetive attitude 1 votes [0%]
News Article Source & Groups
You can find this article under group.
And brought to you by Channel ,
The XMl Feed Type and collected data bytes sized news and still counting.
Feed Server name is and Code Page (Not Defined/Un Known)
: : ITEX Helps Hotels Overcome The Recession
Date Listed : Monday, September 21, 2009
Source : ,
|
Related Stories
- Small business credit in a deep recession
Only 40 percent of small business owners attempting to borrow in 2009 had all of their credit needs met, according to a new study.
- Great recession catches up with English Premier League
The English Premier League, one of the richest in world soccer, could see one of its teams go bankrupt.
- DuPont Has Record Innovation Year Despite 2009 Recession
A Member of the TR50 Most Innovative Companies in the World, DuPont Saw 39 Percent of Revenue from Products Introduced in 2009 (PRWeb Feb 25, 2010)
...- Govt to urge total smoking ban in restaurants hotels
The Health, Labor and Welfare Ministry is set to urge all local governments to introduce a total ban on smoking in public places in principle to help prevent health hazards ...- Finger Lakes Vacation Rentals Offer Great Savings Compared to Hotels
After Super Bowl's TV commercial highlighting vacation rentals, and their great benefits versus hotels, many are discovering that renting vacation homes, condos, and cabins are more affordable than hotels. (PRWeb ...- Washington DC Area Marriott Hotels Present a Wedding Showcase with Planning and Package Previews
Washington, DC area Marriott Hotels will be hosting the Wedding Showcase on February 21st and 28th to preview packages and wedding reception sites in the city as well as in ...- Vacation Rentals Versus Hotels Trends for South Carolinas Top Vacation Destinations by Lodging Directory Rentalo.com
Comparison Shopping and Vacation Planning Trends for Travelers Visiting Myrtle Beach, North Myrtle Beach, Hilton Head Island, Isle of Palms, Kiawah Island, and Fripp Island (PRWeb Feb 18, 2010)
...- New Website Promotes Downtown Indy and New Hotels as and SNO 145 The Place to Be
A new website, www.theplacetobeindy.com, heralds a unique mix of three Marriott brand select service hotels that are bringing the latest hotel trends to downtown Indianapolis, including room service from T.G.I. ...- The Spotlight Is On Food Fashion and Fun at Loews Miami Beach Hotels Worlds Largest Girlfriend Getaway
Weekend features celebrity chefs, pop-up retail stores, New York Times bestselling author, fashion tips, nightclub specials, themed happy hours and other South Beach treats (PRWeb Feb 17, 2010)
...- New Sierra Wireless Services Platform overcomes management barriers to
connecting millions of consumer devices
Press releases distributed via CNW Group. TORONTO, Feb. 15 /CNW/ - Forest Glen Public School located at 3400 Ponytrail Drive in Mississauga is closed on Tuesday, Feb. 16, 2010, due ...
|
|
|