.webp)
The hotel industry isn’t just about leisure business. Corporate and group bookings form an important segment of your revenue, especially if your hotel is equipped with meeting space.
These direct hotel bookings generate revenue, streamline operations, and give you a steady occupancy rate.
Corporate and group hotel bookings are similar—but not the same.
While corporate bookings are a type of group booking, not all group bookings are corporate bookings. Let’s look at this in more detail:
Corporate hotel bookings are essential for businesses when multiple individuals are traveling in a group for various business purposes. They could be attending a conference, sealing a significant deal, or conducting important client meetings. These bookings are typically arranged by organizations for their employees, clients or associates.
Group hotel bookings, on the other hand, involve making hotel reservations for several individuals traveling together for a common purpose. While these could be corporate bookings, they could also come from the SMERF market (no, not the blue cartoon characters). SMERF stands for Social, Military, Educational, Religious, and Fraternal groups. So, think of family reunions, school sports team gatherings, and even wedding parties seeking a large suite or a number of rooms tailored to their group size. Booking by group size ensures that everyone can stay together and enjoy the convenience of spacious accommodations, whether it's large rooms or a specific number of rooms to accommodate the entire group comfortably.
The top channels for group and corporate hotel bookings vary greatly depending on the specific needs of businesses or groups. Some of the most popular ones are:
Your audience for corporate and group bookings is event planners. But to which type do you need to market and sell?
Well, that depends on the segment. Corporate event planners book meetings and events for businesses and corporations. Wedding planners—you guessed it—organize weddings. Social event planners organize celebrations like birthdays or engagements.
Nonprofit event planners organize fundraisers, galas, charity auctions, and awareness campaigns. And third-party planners organize a wide range of meetings and events for a whole host of clients.
Each type of planner will have different challenges and needs. So it’s important to adapt your strategy accordingly.
Corporate and group bookings are an important business segment for your hotel and bring in a lot of revenue. Here are a few benefits these bookings can have on your business:
Corporate and group bookings are naturally larger than your average bookings, presenting a sizable opportunity for your hotel to drive upsell and add-onrevenue. Some of the most popular upsell examples include:
There are plenty of hotel upselling scripts to consider training your front-desk staff team on. Still, for some employees, upselling can feel unnatural and awkward. If your team prefers a more digital-first approach, consider streamlining the upselling through a user-friendly software platform like Canary.
With Canary Upsells, hoteliers can intelligently offer upsells to guests throughout their journey. Upsells can be purchased from the time of booking through checkout, resulting in thousands of dollars in new revenue per week.
"It’s basically free money. Last month, we had £10,000 in upsell requests.” - Andrei Ticau
Rooms Division Manager, The Copthorne Tara Hotel London
The first step to increasing your hotel and group bookings is to understand your target market (or markets). But what does this mean?
As we mentioned, your audience is event planners—but there are many types of event planners. The type of event planner and event you should target depends on your hotel.
For example, an airport hotel might be well suited to corporate bookings due to ease of travel. But an elegant or funky boutique hotel might be more suited to high-end events, weddings, or birthday parties.
Once you know your audiences, analyze their preferences, challenges, and needs.
Most event planners are busy. They need you to take as much off their plate as possible. A great way to do this is to invest in technology that will make their lives easier, such as guest messaging, event diagramming, and room blocking.
Next up: identifying potential booking seasons and patterns. Find out which months are the busiest for your selected audience. In general, spring and fall are the busiest for corporate and group bookings. The weather is pleasant and planners like to avoid booking meetings/events during peak summer and winter travel seasons.
Building a competitive offer gives you a good chance of winning corporate and group bookings. This means tailoring room packages and rates to suit event planners and their attendees. There are a few ways you could do this:
Partnering with local businesses will give you a symbiotic relationship where both parties support each other. The result could be enhanced guest experiences, increased revenue from cross-promotion, and even stronger communities.
Convention and visitor bureaus (CVBs) are an important resource for small as well as major hotel chains looking to increase their group and corporate bookings.
A CVB is an organization dedicated to tourism, conventions, and other beneficial activities within their local area. These organizations have extensive reach and access to your ideal group prospects.
Having a good relationship with your local CVB means should they receive a group enquiry, you’re more likely to be top of the pile.
Partnering with local printing services not only benefits you but also your event planner clients. Negotiating terms that work for you and the printing service gives you a reliable place for all your printing needs, whether it be menus, brochures, or stationary.
And that’s not all. If you host events, chances are event planners will need some last-minute printing done. Utilizing your favorite printer to print materials and deliver on-site could alleviate some last-minute stress—which they should thank you for.
Incorporating locally sourced produce into hotel dining offerings isn't just about food—it's about creating a well-rounded guest experience that celebrates the destination, supports local businesses, and aligns with sustainable practices.
You likely utilize online travel agencies (OTAs) for your leisure bookings, but how do you boost your digital presence where group and corporate bookings are concerned? Here’s how:
Having a section on your website solely dedicated to meetings and events will help planners understand sooner if your venue is right for them. Include descriptions of all your meeting spaces as well as floor plans and virtual tours. Giving all of the information upfront will help you bring in better-qualified leads and filter out the duds.
Making yourself visible on social media and group-dedicated OTAs such as the Cvent Supplier Network will help you stand out and capture more business.
Video content is king. Post TikToks and YouTube videos dedicated to your meeting spaces. You could even provide informational content, designed to help event planners with their jobs.
The strength of your sales team will determine the health of your group and corporate business. Hire the right people and you could find yourself with a thriving group segment.
First, hire experienced sales professionals as the backbone of your team. Make sure these people can sell. They’ll need to understand your business and what you offer inside and out. It’s all about technique and a bit of charisma.
Developing comprehensive training and onboarding is also vital. This will help you establish clear targets and ensure your representatives perform at their best.
Customer service is the lifeblood of hospitality and it applies to each of your segments, whether it be leisure, group, or corporate travel. Here’s how you can deliver exceptional levels of customer service to your event planners:
Canary Messaging saves time through automated, broadcast and direct messages. Schedule a demo today!
Don’t underestimate the power of positive reviews and testimonials. For many, reviews are an important indicator of quality—no matter the product or service. For hotels, reviews have become a large part of the guest’s decision to book directly with you. And the same can be said for your event planners.
Encouraging satisfied corporate and group clients to leave positive online Google reviews is a good first step, but why not go further?
Collect video or written testimonials during your events—or better yet: capture the essence of your clients’ events by editing footage together. When event planners see happy attendees in a warm, inviting event space, they’ll be more likely to book with you.
Then, utilize these videos on your hotel website and social media platforms.
Industry trade shows and events give you a fantastic opportunity to network with decision-makers, learn new skills, and discover the latest trends in hospitality. They also allow you to showcase your property and event space to as many people as possible. And this means more group and corporate bookings.
Think about what you want prospects to know and see. Is it the versatility of your ballroom? Or the technology you use to help make event planners’ lives easier? Make sure you and your sales teams get these unique selling points across.
Here are some industry events to consider:
Finally, tracking and analyzing data is an essential ongoing task if you want to maximize your corporate and group bookings. Ensure you’re using the right technology and that you’re integrating with your wider technology stack. The data you collect helps you understand what’s going well, and what could be better.
Use analytics tools and reports to monitor booking patterns and trends internally and externally. Companies like STR give you access to market data, while your sales activity, pace, and win/loss reports paint a picture of your business-specific trends.
Once you have your data, it’ll be a lot easier to make data-driven adjustments and improvements.
Increasing your hotel’s corporate and group bookings can have a big impact on your overall revenue. But knowing how to strengthen this side of your business is key.
From understanding your target market to tracking and analyzing your data, there are several ways you can attract more corporate and group business.
Next up, discover how yield management could work for your hotel.
Boost your hotel's profit margins with strategies for cost reduction, revenue enhancement, and effective revenue management. Learn how with this useful guide.
Read More
Virtual concierge services help ensure your guests experience superior service and that your hotel operates at maximum efficiency without placing any extra burden on your staff.
Read More
Canary's Housekeeping Heroes Awards recognize hard-working housekeepers. From a group of amazing nominations, we’ve selected five winners — read their stories and get inspired!
Read More
Get ready to roll out the red carpet for your hotel’s unsung heroes! National Housekeeping Week is September 8 to 14. Time to shower your team with the appreciation they deserve.
Read More
Pricing strategies for hotels are about more than just room rates. You need to consider total revenue management, which includes all the revenue streams flowing into your hotel.
Read More
