August 26, 2021 | U.S. & Canada Franchise Management Company Webinar
Publication of new Owner & Franchise Communications on mi360 continues to be temporarily suspended. Important information is communicated to owners, franchisees and franchise management companies through other channels including the weekly U.S. & Canada Franchise Update email, Franchise Management Company webinar, and monthly webinar for Marriott Managed Owners in the U.S. |
Thank you for joining us on Thursday, August 26 for the U.S. & Canada Franchise Management Company Webinar. If you were unable to join, a recording and PDF of the presentation are now available (EID and password required).
This webinar covered COVID-19 updates and resources, including:
U.S. & Canada Franchise Update | August 26, 2021 |
Canada Only | Reminder: New F&B Outlet Guidelines Take Effect Sept. 1 |
U.S. Only | Review Recommended Hotel Guidance for Observing 20th Anniversary of 9/11 |
Review Updated Cancellation Policy |
Complete the Self-Audit by 5 p.m. ET on Aug. 31 Via QA site or QA App |
Purchase POSReady7 Extended Support by Oct. 1 or Replace System Before End of Life on Oct. 12 |
Marriott Digital Services (MDS) is Launching New Digital Programs |
Sales, Marketing, & Revenue Management Update
Travel Trends
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Business travel spend continues to be down compared to 2019 levels.
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There is a desire for ongoing flexibility with in-person vs. remote work.
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Industry-wide on-the-books room nights and occupancy improved in some markets.
Topline Trends – Canada
- More than half (56%) of respondents believe there are COVID-19 related barriers impacting travel to Canada (just 21% think the majority of restrictions have been lifted in Canada and 27% believe the majority of Canadians have been vaccinated).
- Despite barriers, 52% believe Canada is safe to visit.
- 46% believe Canada is easy to visit.
- Overall, those with higher household income ($100k+), living in Northeast, under 35, with kids have a more positive perception of safety and ease of travel to Canada and are more likely to perceive most Canadians are vaccinated and the majority of COVID-19 restrictions are lifted.
Updated Letter of Intent (LOI) Thresholds
- Hotels engaging with Group Sales have the option to use LOIs for business opportunities.
- During the pandemic, LOI threshold levels were increased while guidelines and processes remained the same.
- Effective Sept. 6, we are reverting to pre-pandemic thresholds of $20,000 USD (U.S.) and $10,000 CAD (Canada).
- All guidelines and processes remain the same.
Additional details can be found on MGS.
Canada Vaccination Campaign
- Marriott is supporting Faster, Together and This is Our Shot to promote vaccine acceptance in Canada and help speed a recovery from COVID-19.
- Marriott has donated 990,000 Marriott Bonvoy Points to support this Canada vaccination campaign with 10 prizes of 99,000 Marriott Bonvoy points each.
- Canadians that show they have had two doses will be entered to win a prize. No action required from hotels.
RBC + MBE Canada Activation
Campaign Concept: Marriott Bonvoy Escapes (MBE) & Royal Bank of Canada (RBC) Flash Sale
Save and earn on a relaxing getaway with Marriott Bonvoy and RBC: Earn 10X RBC Rewards Points and save up to 25% off your hotel stay when booking the Marriott Bonvoy Escapes promotion at participating hotels in Canada.
Objectives:
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- Generate revenues for Canada participating hotels through a limited time offer targeting RBC’s cardmembers with 2x the discretionary spend of the average Canadian and 4x the travel spend.
- Generate loyalty program enrollments.
Booking Window: Two-week sale: Sept. 15, 2021 to Sept. 29, 2021.
Stay Window: Valid for stays Thursday to Sunday from Sept. 16 to Dec. 31, 2021.
Participation:
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- All Canadian properties invited to participate (SR, TRC excluded).
- There is no cost or action for hotels to participate in this sale.
- Franchise hotels that do not wish to participate can opt out of Wave 92 by 3 p.m. ET Sept. 2, 2021 via the Marriott Bonvoy Escapes Solicitation Dashboard.
Marketing Support:
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- RBC travel campaign reaching a minimum if 1.5M cardmembers, including newsletters, RBC offers portal, RBC online banking banners and the RBC mobile app.
- MBE email to 1.2M Marriott Bonvoy members, English and French.
- Unique MBOP Marriott Bonvoy Escapes landing page to push all campaign traffic and MBE email, English and French.
Training: Revenue Management
New offerings eligible first-come, first-served: Revenue Management Skills Training
What? Foundational 6-8 week virtual course, for revenue management professionals, providing knowledge and skills to support daily, weekly, and monthly inventory management and analysis tasks. Time commitment averaging 6-8 hours weekly (1-2 virtual instructor-led sessions and pre/post-work spread throughout the week).
Who? All properties U.S./CAN (managed and franchised); revenue management professionals who actively manage inventory and/or perform revenue analysis for at least 3 months.
Cost? $450/person.
Pre-requisites? Completed the learning pathway within the Digital Learning Zone for systems training: MARSHA, One Yield, and High Performance Pricing..
REGISTER NOW IN MHUB – SPACE IS LIMITED – CLASS BEGINS OCT. 5!
COMING SOON…
Rock Your Strategy (pilot in Q4)
What? All hotels managed/franchise U.S./CAN GMs are the leader of the band – make sure all players know their role to make a hotel successful. From systems, to daily tasks, and how to run effective sales strategy meetings.
1 virtual-led session, with heavy activities & breakouts for hotel teams
Who? GM, sales strategy team members, front office, banquets & events.
One Yield Advanced User (pilot in Q4)
What? Virtual-led session to delve into One Yield with scenario-based training and group breakouts.
Who? Revenue Management powers users of One Yield or individuals who have inventory management and/or revenue management analysis as their primary job responsibility.
Pre-Requisite? Should have a year or more of job experience, completed all systems training, and ideally completed RMST or some other Marriott International foundational revenue management course offering.
NEXT FMC WEBINAR: SEPT. 9
In observance of the Labor Day (U.S.) / Labour Day (Canada) holiday, we will not be holding the FMC webinar next Thursday, Sept. 2.
We look forward to speaking with you on Thursday, Sept. 9.