Hotel occupancy rates are dropping everyday, with some hotels having record lows. The current economy means many rooms are just sitting empty. ITEX is helping hotels overcome the recession by filling those empty rooms with happy barter members.
“The Best Western Toronto Airpoft Hotel has been working with ITEX for over 3 years and during that time I have found ITEX to be a valuable and dynamic tool for our hotel” says Danny Najdovski, director of sales and marketing, of The Best Western Toronto Airpoft Hotel.
“With bringing additional guests that we would otherwise not see come through our doors, thus increasing sales, it has also given us a notable competitive advantage in a highly competitive market (Toronto Airport Area).”
But it doesn't stop there. “ITEX has also helped increase our Operating Income as well! After all, when using your ITEX dollars to pay for simple things, such as carpet cleaning, cash remains in the bank.”
Hotels are a perfect business for ITEX. The benefits come on multiple levels; the room is filled, they have created trade dollars they can use for any number of things they would normally pay cash for, and they have a new client who will help in their word of mouth advertising. Not to mention, once the guest is in the room, they pay for items such a room service, and valet by cash, bringing in even more cash flow to the hotel. None of which would have happened, if the room stayed empty.
When a hotel joins ITEX they get 24,000 members waiting to use them on their next trip to that city or town. They get an entire marketplace of people looking to rent rooms on trade. And those rooms that once would have sat idle and unused are now being filled and bringing in a profit for the hotel owners.
And it's not just the owners that end up happy.
"Not only did I use the Itex hotel I found listed, I actually canceled a cash reservation listing so that I could use the Itex hotel” said Aleta Efferson, an ITEX member. And just because a hotel is on the barter exchange does not mean it is of lower quality. “I felt the one on ITEX was a superior hotel, and because it was for trade dollars instead of cash I had no issues paying the higher price then the cash one. Plus, the hotel staff were so courteous and friendly that I find myself wanting to stay there over another hotel that is actually more convenient for my return trip.”
Whether you are a frequent traveller or a hotel owner, the advantages of ITEX are great. To get started today contact http://www.BarterInAlberta.com
