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Reliance On Technology, Consumer Influence Were Driving Force At 7th Annual Resort Management Conference
4 April 2007

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MCLEAN, VA | A growing reliance on digital technology, consumers who “want it all and want it now,” and the future of the resort industry fueled the agenda of the 7th Annual Resort Management Conference, just held at The Broadmoor in Colorado Springs, CO.

With a record attendance of 240 professionals from the resort industry at-large, the two-day conference of education, debates and lively discussions was presented by the Hospitality Sales & Marketing Association International (HSMAI) and the University of Denver’s School of Hotel, Restaurant & Tourism Management.

“The information presented was the perfect balance of ideas and education, with an overall focus on the most critical issues and ideas facing the resort industry: new technologies, future trends, an evolving marketplace, and the power of the customer,” states Robert A. Gilbert, CHME, CHA, president and CEO of HSMAI.

Following are highlights of the keynote addresses, panel discussions and breakout sessions.

“We are standing at the threshold of a global era,” said Michael Tchong, one of the most influential trendsetters in America and founder of Ubercool, in his keynote address on “Reaching Your Market: Trends of the Future.”


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Tchong presents to a packed audience during the conference.

“We are in the midst of social transformation, led by our growing reliance on digital technology,” stated Tchong. “Instant gratification is now not fast enough, and time is now more valuable than money. A huge new social dialogue is evolving and marketing is going to become entertainment driven – it’s the only way to break through the clutter.”

It is a digital lifestyle, said Tchong, where digital amenities are going to be key. “Internet phones will double the size of Internet use and texting is a new layer in our communication toolbox. The laptop culture is expanding and inserting itself into real-life relationships and mobile phone lifestyle stores are opening.”

Discussing how some of the biggest Ubertrends – society’s “supertrends” – fuel sub-trends and how these affect the travel market, he noted:

Tchong noted that, “The singles trend, a growing market, will have a huge impact on the travel industry, and that double occupancy is a thing of the past.” And, in keeping with the “fountain of youth” trend, med spas are a growing trend and we will see this at more resorts.

“To break through, one needs a new dialogue.” Examples are lifestyle-friendly rooms at Marriott’s Springhill Suites, Hyatt’s blackberry balm hand massage, a Star Wars room at the Ramada Phuket, WiFi in every seat on Virgin Atlantic, and time-compression hotels, where rooms are available in four-hour blocks.

In his keynote address on “Travel Trends in Business and Leisure Travel,” Peter Yesawich, president and CEO of Yesawich, Pepperdine, Brown & Russell, stated that the business of travel is listing toward leisure, and that in the resort business, we are competing for a share of the consumers’ clock. “Consumers are saying: you want to do business with me, you’ll do business on my terms.” He also noted that as prices become more transparent, brand clarity becomes more important, and the incidence of utilization of the Internet to plan travel is no longer growing.

Yesawich presented highlights from YPB&R’s National Travel Monitor:

In an insightful general session on “Resort Operating Research and Statistics,” Mark Lomanno, president, Smith Travel Research noted: “Hotels and resorts are getting a smaller share of the pie, but it’s being camouflaged because the pie is getting bigger. There are more choices now then there used to be when traveling and needing overnight accommodations.”

Presenting an overview from Smith Travel Research’s latest findings on operating statistics for resorts, Lomanno noted that the psychology of the marketplace is great. But, he questioned how long the prosperity is going to last, citing that the last 12 months mark the first time since 2002-2003 that occupancies are declining on an annualized basis. Demand numbers have slowed somewhat, but ADR is still very strong; 2004-2006 are the highest RevPar numbers ever – it will be hard to keep it that strong.

Other statistics and observations:

A panel of experts reacted to Yesawich and Lomanno’s addresses, which was moderated by Paul Laesecke, senior lecturer, School of Hotel, Restaurant & Tourism Management, Daniels College of Business, University of Denver.

Steve Bartolin, president & CEO, The Broadmoor, said: “Without the group business, we’re out of business. Competitive forces are real. We need to take advantage of our strengths – infrastructure and expanded retail. Unique shopping is a driver, and unique dining is a big factor in buying.”

Charles S. Peck, president & CEO, Destination Hotels & Resorts, said: “Brand clarity is very important, and product quality and personalization are crucial to staying competitive. Groups are being defined as smaller and smaller; and men on golf outings and spa and golf for women are very profitable.”

Bob Foster of Lost Valley Ranch added that “controlling cost has been our focus, as well as how to get brand awareness.”

Yesawich noted, “Multigenerational travel is growing substantially, with one-third of active leisure travelers now grandparents, and 40% of them taking vacations with children or grandchildren.”

BREAKOUT SESSIONS

Trends in Electronic Marketing, Including Search Engine Marketing and More

How to Survive and Capitalize on Short-Term, Weather-Driven Challenges and Opportunities

CRM at Its Best

Changing Dynamics of the Group Market in the Resort Industry

Human Resource Challenges in the Resort Industry

Highlights of the session, moderated by Andria L. Ryan, partner, Fisher & Phillips, LLP, and with panelists Cindy Clark, director of human resources, The Broadmoor, and Tonda Tan, director of human resources, Amelia Island Plantation, include:

Other sessions included:

Resort Executive of the Year

As part of this year’s program, the Resort Executive of the Year award, sponsored by the University of Denver and Yesawich, Pepperdine, Brown & Russell, was given to Terri Haack, vice president and managing director, Wild Dunes Resort. “I’m deeply honored and humbled… I love this industry so much and I thank all of the people who have helped me along the way,” stated Haack


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Pictured (L-R): Dean Karen Newman of the Daniels College of Business at the University of Denver; Terri Haack, vice president and managing director, Wild Dunes Resort; and Peter Yesawich, president and CEO of Yesawich, Pepperdine, Brown & Russell.

Sponsors of the conference are gold supporters American Express and ResortsandLodges.com, and silver sponsors Agilysys, AIR Marketing, Getty Images, Incite Response, Intrasight, Panzano & Partners, Passkey, Real Magnet, SoftBrands and TIG Global.

Exhibitors included: Agilysys, AIR Marketing, Blizzard Internet Marketing, Cendyne, Cypress Dana Communications, Five-Star Audio Visual, JTECH Communications, HSMAI, Incite Response, PAR Springer-Miller Systems, Passkey, ResortsandLodges.com, ResortSuite, Softbrands, The University of Denver, TIG Global and Travelscream.com

For more information, visit www.resortconference.com.

HRTM | Established in 1946, the School of Hotel, Restaurant and Tourism Management (HRTM), part of the Daniels College of Business at the University of Denver, prepares both graduate and undergraduate students for senior management positions in the fast-changing and competitive hospitality industry. As one of the most prominent hotel programs in the nation, the HRTM program enjoys a superb reputation for innovative educational programs. The student-oriented faculty members are internationally recognized for their contributions to teaching, research and publications in various hospitality fields. For more information on the HRTM program, contact Barbara L. Pemble at (303) 871-4473or bpemble@du.edu or visit www.resortconference.com.

HSMAI | HSMAI is an organization of sales and marketing professionals representing all segments of the hospitality industry. With a strong focus on education, HSMAI has become the industry champion in identifying and communicating trends in the hospitality industry, and bringing together customers and members at annual events, including HSMAI's Affordable Meetings(r). Founded in 1927, HSMAI is an individual membership organization comprising more than 7,000 members worldwide, with 39 chapters in the Americas Region.

For more information on HSMAI, contact the Hospitality Sales & Marketing Association International, 8201 Greensboro Drive, Suite 300, McLean, VA 22102, phone (703) 610-9024; fax (703) 610-9005, or visit the web site at www.hsmai.org.

RELATED EVENT
HSMAI Resort Marketing Strategy Conference

CONTACT
Richard S. Kahn
Phone: (516) 594-4100
Email: R.Kahn@KTCpr.com

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