Hotel and Accommodation

Hotels Fill Empty Rooms using Trade

Hotels and Accommodation clients use Trade to fill excess capacity and increase occupancy rates.

• The Deal? A local hotel joined TEC to purchase, without cash, $25,000 worth of advertising and power-washing for its façade. The hotel then sold $25,000 worth of room nights during slower periods of the year to other TEC members
• Cost? Since these rooms were going to be empty anyway, the only incremental cost to the hotel would be the cleaning fee of around 15% of the cost of the room.
• Savings? The hotel thus saved $21,250 in cash!
• Bottom Line: This hotel was able to purchase $25,000 worth of services (that it was going to purchase regardless) without cash and was introduced to new clients during slower times in rooms that would have otherwise been empty.