LODGING LEADERS
165 | Monetize Room Downtime and Improve Guest Experiences with Yannis Moati
LODGING LEADERS
Yannis Moati is CEO & Founder of Hotels By Day, the premier provider of day-stay hotel spaces in the United States.
Yannis has nearly two decades of experience in travel, from guiding tours in Europe at a young age, to co-founding an exotic travel agency, to directing a New York-based global tour operator company. Having witnessed first-hand the important customer behavioral shifts of the ‘on-demand’ economy, Yannis realized that something could be done in boosting hotel revenues by selling un-committed inventory for the day.
And that’s the vision behind Hotels by Day – an innovative solution for both guests and hotels to seamlessly process & monetize flexible room inventory. Priced at a discount from a typical overnight, rooms booked on HotelsByDay give their guests flexibility, comfort, and a space of their own—by day, with all the amenities of a hotel, so their guests can relax, recharge & be productive anywhere.
In This Episode, Yannis Reveals …
- The vision behind Hotels By Day, the problem they’re solving and who they serve.
- How the service works, from hoteliers signing up for the HBD channel, to guests booking a day-stay.
- We talk about some of the common objections hoteliers have to offering day rates, including whether or not Brand will approve selling day rooms, whether rate parity is an issue, and whether or not offering day rates could attract the wrong type of business or clientele.
- And, you know I’m going to ask the cost for their service and whether there are any contracts to sign.
The Hotels By Day team prepared a free 11-page download for listeners that want to learn more about this valuable channel.
To get your copy, click here to download the free guide.
Resources & Links
Yannis Moati
- Email: yannis
@hotelsbyday.com
Hotels By Day
LODGING LEADERS
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346 | Repositioning For Recovery: Hotel conversions to outpace new builds
Lodging Econometrics has tracked the hotel industry since 1998. Its global database includes new-hotel pipelines as well as renovations and brand conversions. Hotel franchisers once eager to launch new brands are focused on converting existing hotels because it’s a faster way to recover revenue lost to the COVID-19 pandemic than through new construction. In Episode 346, Lodging Leaders explores the increasing number of conversions in the U.S. hotel industry and what owners and operators need to consider before repositioning an asset.
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345 | ‘Rosy View of Future’: Hotel industry sees unleashing of pent-up investor demand
In the first few months of the COVID-19 pandemic in the U.S., financiers anticipated a swell of distressed hotel businesses. Some raised rescue funds to respond to what they thought was a pending crisis. Though there are financial rescues taking place, the level of such activity is far below what industry advisers and fund managers expected. Commercial real estate investors positioned to act in the early days of the pandemic held off and are now just beginning to unleash their cash hoards totaling billions of dollars. Episode 345 of Lodging Leaders podcast explores the state of capital investment in the hotel industry.