115 – The Hospitality Show: 5 Key Takeaways

Suite Spot: A Hotel Marketing Podcast

Join Suite Spot Host, Ryan Embree, as he covers the top 5 takeaways from the inaugural event of The Hospitality Show presented by Questex and the AHLA. Suite Spot Podcast · 115 - The Hospitality Show: 5 Key Takeaways Episode Transcript Our podcast is produced as an audio resource. Transcripts are generated using speech recognition software and human editing and may contain errors. Before republishing quotes, we ask that you reference the audio. Ryan Embree: Welcome to Suite Spot, where hoteliers check in and we check out what's trending in hotel marketing. I'm your host, Ryan Embree. Hello everyone and welcome to another episode of The Suite Spot. This is your host, Ryan Embry for a special edition of the Suite Spot. We teased it on social media. Hopefully you are tuning in. But we are here for our five key takeaways from the Hospitality Show, which just happened here at the end of June, 2023 at the Beautiful Venetian. This was an inaugural event. We had been talking about this for a while. We had the opportunity to show up to the hospitality show as press and media interview some of the industry's top influencers. So if you get the opportunity, head to our YouTube page, follow us on social media. We're gonna be posting all of those great interviews, insights, and data. Everyone we talk to at the Hospitality Show over in Vegas to our YouTube page. So check that out. But today we are going to be talking about the top five takeaways from the event. This was filled with some incredible panelists and guest speakers at this event. That's why I love these industry events so much. And I was interviewing someone at the hospitality show, and I know we always talk about this pent up demand for travel, but it certainly feels like there's been some pent up demand for these industry events. It's so industry to get these blend of industry leaders cuz you get just such different perspectives that sometimes we get siloed in, uh, for a brand show or other industry events. So this hospitality show was certainly special because it had a lot of point of views, but even though there were some competitors at this show, there was a lot that we agreed on here. And one of the biggest things, and my first key takeaway is staffing continues to plague our industry right now. A H l A did that study recently that found 82% of hotels are still struggling with staffing shortage. That's just an absolutely crazy number to think of where we started and during the pandemic, we were furloughing so many and that's, that's really where the panelists kind of started. And, and it's such a u unique perspective cuz we talked about the millions that went into furlough during the pandemic and how there could be some that have left our industry for good. We've never had and experienced a wave of hospitality professionals leave our industry and choose not to come back. So what's happening now is this, uh, very unique opportunity for people that have never been in our industry before. Right? If I'm switching from one hotel to another, I'm familiar with the whole check-in checkout process. Property management systems might be different here and there, but I understand all the complexities of working in a hotel as a hospitality professional. Now, the people that are coming into our industry, they might not understand those at first. So we've gotta do a better job of kind of simplifying these processes for people new to our industry. And that's a big challenge that they talked about at the Hospitality show, is figuring out ways that we can make our processes more efficient. So someone that might have not worked in the hotel industry but before can come in and seamlessly really get into a groove into their role because that first 90 days is absolutely critical to retention for our employees. That's why things like TMGs respond and resolve and responding to reviews and taking that off the plate of our employees is so important because that could be someth...