How Investing In Your Hospitality Employees Boosts Your Bottom Line
Employees are a hotel's largest asset and have a larger impact on guest satisfaction than you might think.
By Cristian Grossmann, Founder & CEO at Beekeeper
Companies often assume upgrading technology yields the biggest return on investment (ROI). While technological innovation is an essential part of any hospitality business, it may not deliver the ROI you expect. Alternatively, investing in your hospitality employees could result in the biggest improvement to your bottom line.
Elite Training Creates Memorable Guest Service
The importance of properly trained hospitality staff has never been more important. With so many competitive options, guests can pick and choose where they want to spend their money. Those decisions are increasingly based on past experiences – both their own and those they have read about online.
Two of the best ways to ensure a guest has a top-notch experience is to A) resolve their issues quickly and skillfully and B) exceed their expectations. Whether it's an unsatisfactory meal or lost luggage, going above and beyond to correct the issue will impress your guests and encourage them to return.
Invest in proper training and set processes for all your workers to follow in any given situation when addressing guests' concerns. This creates operational efficiencies, enhances the customer experience, and establishes your internal company culture.
Happy Employees Improve Company Performance
Your team is arguably your company's most valuable asset; it only makes sense to keep your staff as content as possible. Bob Kelleher, the President and Founder of The Employee Engagement Group, believes that your staff – not your guests – should be your top priority. Additionally, hotel staff is in high demand so doing everything possible to reduce turnover is crucial. Companies should focus on keeping employees happy and engaged. But how do they do that?
Kelleher suggests that successful engagement includes a learning culture, transparent and frequent communication, the pursuit of higher performance, and alignment with company and individual goals. These are all areas you should consider investing into boost staff members' satisfaction levels. Happy employees are more productive, tend to better take care of customers, and more likely to become quality brand ambassadors. All of these translate to an increased bottom line.
Elite Training + A Happy Team = Improved Bottom Line
It's evident that employees are an integral part of elevating your company's performance. Colleagues who believe their employer is invested in their success are more likely to give their best at work. That means a great ROI in your people, which is music to a CFO's ears.
Cris earned his Ph.D. in electrical engineering from ETH in Zurich. Before founding Beekeeper, he created high-profile international IT strategies at Accenture.More from Cristian Grossmann
Beekeeper is an award-winning operational communication platform that digitizes the non-desk workforce by connecting operational systems and communication channels within one secure, intuitive interface. Beekeeper connects colleagues across locations and departments in real time via mobile or desktop devices and includes an intelligent dashboard to help companies improve internal communication and streamline business processes.
The company is based in Zurich and San Francisco and supports users in more than 130 countries. Clients include Heathrow Airport, Seaboard Foods, and Marriott.