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Proactively Managing Your Hotel’s Presence
         On Social Media & Review Websites

                            September 14, 2010
                                  Dublin, Ireland
Index


  •    The New Reality

  •    Online Reputation & Social Media Management

  •    Our Solution

  •    The Moment of Truth




                                                     2
The New Reality
  The Genie Is Out Of The Bottle

                “The influence of user-generated content (UGC) and its
               impact on the hotel industry is the most important trend
                to impact the sector in recent years and represents an
                amazing opportunity for hotels to increase revenue and
                            gain a competitive advantage…”!
                                           	
  
                                                   -­‐	
  VP	
  of	
  Marke,ng,	
  MGM	
  Grand	
  



    •    Online reviews and presence in social media
         platforms is directly influencing the hotel
         sector in the areas of:
          –    Brand Management
          –    Distribution & Revenue
          –    Marketing
          –    Operations
          –    Quality



                                                                                                      3
The New Reality
The New Buying Process

                         	
                                           The influence of online reviews changes
                                                                          everything for the hotel sector!

                                                                 –     Between 65-85% of consumers consult online reviews
                                                                       prior to making a hotel reservation
                         	
                                      –     87% of those that read online reviews acknowledge
                                                                       that their buying decision is highly influenced by what
                                                                       they read

                                                                 –     Guests are willing to pay 38% more for hotels whose
                         	
                                            online reviews indicate top-level service

                                                                 –     Guests who write a review are more likely to
                                                                       recommend the hotel to friends and family




                                Source: GfK WEP (2009); Compete.com (Aug 2009); Google (Jun 2009); MarketMetrix (Aug 2009); comScore, Inc. (Nov 2007); MarketMetrix (Aug 2009); MarketMetrix (June 2009)


                                                                                                                                                                                                      4
•    The New Reality

•    Online Reputation & Social Media Management

•    Our Solution

•    The Moment of Truth




                                                   5
Online Reputation & Social Media Management
The Managerial Challenge
                                                   Multiple
                                                   formats




                    Various forms of                                       Numerous review
                        delivery                                              sources




                                         Diverse              Various buying
                                       languages                segments


                                                                                             6
Online Reputation & Social Media Management
Learn From The Best

   •    Hoteliers that are leading the way have
        responded by changing the way they
        manage their establishments:                                         Monitor
         –    Assigning a primary contact who has              Measure
              responsibility for coordinating between           impact                 Analyze
              departments

         –    Adapting processes in marketing and
              operations, reporting and incentive plans      Respond
                                                             externally                Share
         –    Implementing technology to reduce                              Act
              operational costs and increase profitability
                                                                          internally
         –    Managing online reviews and internal
              customer survey data through an integrated
              approach


                                                                                                 7
•    The New Reality

•    Online Reputation & Social Media Management

•    Our Solution

•    The Moment of Truth




                                                   8
Our Solution
About ReviewPro

  Company
  •    Founded in October 2008, ReviewPro is based in Barcelona and
       has a team of 25 people



  Vision
  •    To allow our clients to proactively manage their online reputation
       with the goal of maximizing profitability and gaining a competitive
       advantage


  Key Details
  •    Current customer base of over 600 hotels
  •    We offer our services in 18 countries and currently have sales
       activity in Spain, Andorra, UK Ireland, Germany, Portugal, France
       and Italy. We will be expanding our geographic coverage further
       between now and the of 2010
  •    We aggregate and analyze more than 35.000.000 reviews in
       English, Spanish, Catalan, German, French, Italian, Dutch and
       Portuguese published in hundreds of websites including 50 of
       the most relevant online travel agencies


                                                                             9
Our Solution
What We Do

   •    A web-based analytical tool that allows
        hotels to efficiently aggregate, organize
        and manage their online reputation and
        presence in leading social media sites

   •    Designed for both individual operators
        and chains, we help our clients:
         –    Aggregate and homogenize online review
              data
         –    Classify, track and analyze reviews                     PROPRIETARY TECHNOLOGY
         –    Monitor their hotel’s performance evolution         Global Review        Semantic
              with our custom Global Review IndexTM                  IndexTM           Analysis
         –    Benchmark competitors
         –    Export historical data and run custom reports
         –    More easily track new operational               TRACK         CLASSIFY           MANAGE
              improvements and share quantifiable results


                                                                                                        10
Our Solution
Versions Of Our Products
      •    Different product versions to cover the different needs of the hotel sector


                      Free                                       Standard                                Advanced




•    Features:                                    •    Features:                          •    Features: Includes all Standard
      –  Aggregates and classifies reviews              –  Aggregate and classify              features plus:
         from more than 50 leading online                  reviews, blogs, photos, etc.          –  Departmental reports
         travel agencies                                –  Track competition                     –  Global dashboards
      –  Measures the online reputation                 –  Personalize classification            –  Import offline guest
         through the GRI TM                             –  Configure alerts                         questionnaire data into the
      –  Benchmarks the results against a                                                           ReviewPro tool
         generic competitor                                                                      –  Publish reviews with website
                                                                                                    widget


                                                                                                                                   11
Our Solution
How We Help Our Clients

               Save time, money and resources by aggregating all relevant data and
               providing analysis, business intelligence and reports automatically

               Track and improve quality performance with the Global Review Index™



               Maximize sales through online distribution channels and increase direct
               bookings with the ReviewPro Quality Widget™

               Make better informed decisions in the areas of marketing and operations
               based-upon quantitative customer feedback

               Benchmark up to 10 competitors for each hotel



                                                                                         12
•    The New Reality

•    Online Reputation & Social Media Management

•    Our Solution

•    The Moment of Truth




                                                   13
The Moment Of Truth
How Are You Going To React?




      HEAD IN THE SAND        MANUALLY   TECHNOLOGY




                                                      14
The Moment Of Truth
Opportunity Or Cost Of Doing Business?



                                         Marketing
                                                Performance           Online
                                  SEO
                                                 Marketing
                                 & SEM                               Reviews
                                                                                 ?
                  Distribution
                            Revenue
            OTA            Management



        2001                2003                     2005     2007        2009




                                                                                      15
Thank You
For additional information about ReviewPro:
Website:      www.reviewpro.com	
  
Twitter:      @reviewpro	
  
Blog:	
       www.blog.reviewpro.com	
  




                         R.J.	
  Friedlander	
  
                         CEO	
  
                         	
  
                         	
  
                         Email:	
  rfriedlander@reviewpro.com	
  
                         Twi7er:	
  @rjfriedlander	
  
                         Skype:	
  rj<cn	
  
                         Mobile:	
  +34	
  610	
  459	
  003	
  
                         Website:	
  www.reviewpro.com	
  


                                                                    16

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Review pro ireland_13 september_final_short

  • 1. Proactively Managing Your Hotel’s Presence On Social Media & Review Websites September 14, 2010 Dublin, Ireland
  • 2. Index •  The New Reality •  Online Reputation & Social Media Management •  Our Solution •  The Moment of Truth 2
  • 3. The New Reality The Genie Is Out Of The Bottle “The influence of user-generated content (UGC) and its impact on the hotel industry is the most important trend to impact the sector in recent years and represents an amazing opportunity for hotels to increase revenue and gain a competitive advantage…”!   -­‐  VP  of  Marke,ng,  MGM  Grand   •  Online reviews and presence in social media platforms is directly influencing the hotel sector in the areas of: –  Brand Management –  Distribution & Revenue –  Marketing –  Operations –  Quality 3
  • 4. The New Reality The New Buying Process   The influence of online reviews changes everything for the hotel sector! –  Between 65-85% of consumers consult online reviews prior to making a hotel reservation   –  87% of those that read online reviews acknowledge that their buying decision is highly influenced by what they read –  Guests are willing to pay 38% more for hotels whose   online reviews indicate top-level service –  Guests who write a review are more likely to recommend the hotel to friends and family Source: GfK WEP (2009); Compete.com (Aug 2009); Google (Jun 2009); MarketMetrix (Aug 2009); comScore, Inc. (Nov 2007); MarketMetrix (Aug 2009); MarketMetrix (June 2009) 4
  • 5. •  The New Reality •  Online Reputation & Social Media Management •  Our Solution •  The Moment of Truth 5
  • 6. Online Reputation & Social Media Management The Managerial Challenge Multiple formats Various forms of Numerous review delivery sources Diverse Various buying languages segments 6
  • 7. Online Reputation & Social Media Management Learn From The Best •  Hoteliers that are leading the way have responded by changing the way they manage their establishments: Monitor –  Assigning a primary contact who has Measure responsibility for coordinating between impact Analyze departments –  Adapting processes in marketing and operations, reporting and incentive plans Respond externally Share –  Implementing technology to reduce Act operational costs and increase profitability internally –  Managing online reviews and internal customer survey data through an integrated approach 7
  • 8. •  The New Reality •  Online Reputation & Social Media Management •  Our Solution •  The Moment of Truth 8
  • 9. Our Solution About ReviewPro Company •  Founded in October 2008, ReviewPro is based in Barcelona and has a team of 25 people Vision •  To allow our clients to proactively manage their online reputation with the goal of maximizing profitability and gaining a competitive advantage Key Details •  Current customer base of over 600 hotels •  We offer our services in 18 countries and currently have sales activity in Spain, Andorra, UK Ireland, Germany, Portugal, France and Italy. We will be expanding our geographic coverage further between now and the of 2010 •  We aggregate and analyze more than 35.000.000 reviews in English, Spanish, Catalan, German, French, Italian, Dutch and Portuguese published in hundreds of websites including 50 of the most relevant online travel agencies 9
  • 10. Our Solution What We Do •  A web-based analytical tool that allows hotels to efficiently aggregate, organize and manage their online reputation and presence in leading social media sites •  Designed for both individual operators and chains, we help our clients: –  Aggregate and homogenize online review data –  Classify, track and analyze reviews PROPRIETARY TECHNOLOGY –  Monitor their hotel’s performance evolution Global Review Semantic with our custom Global Review IndexTM IndexTM Analysis –  Benchmark competitors –  Export historical data and run custom reports –  More easily track new operational TRACK CLASSIFY MANAGE improvements and share quantifiable results 10
  • 11. Our Solution Versions Of Our Products •  Different product versions to cover the different needs of the hotel sector Free Standard Advanced •  Features: •  Features: •  Features: Includes all Standard –  Aggregates and classifies reviews –  Aggregate and classify features plus: from more than 50 leading online reviews, blogs, photos, etc. –  Departmental reports travel agencies –  Track competition –  Global dashboards –  Measures the online reputation –  Personalize classification –  Import offline guest through the GRI TM –  Configure alerts questionnaire data into the –  Benchmarks the results against a ReviewPro tool generic competitor –  Publish reviews with website widget 11
  • 12. Our Solution How We Help Our Clients Save time, money and resources by aggregating all relevant data and providing analysis, business intelligence and reports automatically Track and improve quality performance with the Global Review Index™ Maximize sales through online distribution channels and increase direct bookings with the ReviewPro Quality Widget™ Make better informed decisions in the areas of marketing and operations based-upon quantitative customer feedback Benchmark up to 10 competitors for each hotel 12
  • 13. •  The New Reality •  Online Reputation & Social Media Management •  Our Solution •  The Moment of Truth 13
  • 14. The Moment Of Truth How Are You Going To React? HEAD IN THE SAND MANUALLY TECHNOLOGY 14
  • 15. The Moment Of Truth Opportunity Or Cost Of Doing Business? Marketing Performance Online SEO Marketing & SEM Reviews ? Distribution Revenue OTA Management 2001 2003 2005 2007 2009 15
  • 16. Thank You For additional information about ReviewPro: Website: www.reviewpro.com   Twitter: @reviewpro   Blog:   www.blog.reviewpro.com   R.J.  Friedlander   CEO       Email:  rfriedlander@reviewpro.com   Twi7er:  @rjfriedlander   Skype:  rj<cn   Mobile:  +34  610  459  003   Website:  www.reviewpro.com   16