Hotels and resorts

Misd for Business · Updated

Weekly business intelligence for hotels: what the calendar is about to do to your week

Hotel guests heading out for the evening under the lights of the Strip
A hotel's week is written by the calendar weeks in advance. The point is to read it first.

A hotel is the business the calendar runs most directly. A convention books the market solid; a race weekend doubles the Strip and leaves Downtown ordinary; a quiet stretch in late summer takes the rate down for everyone. Revenue management reads the booking pace. What it doesn't read is the street around the property: what is opening nearby, where guests go once they leave the lobby, and how independent hotels in the same part of town are running this month.

Pulse reads outward from the address. Every Sunday night the cards rebuild: the calendar within reach for the next three weeks, how your category is running in the market, what is changing on the block, and, where the Misd network is dense enough, the shape of the crowd around the property and where it heads in the evening.

What does a hotel's briefing read that the booking system can't?

The neighborhood. Pace tells you how many rooms are sold for the race weekend; it doesn't tell you that the two bars and the music room that opened within a walk have lengthened the evening on your side of Downtown, or that the quiet Tuesday-through-Thursday stretch is your category's and not just yours.

It also reads the guest's evening as a crowd. Where people around the property go after dark is a partnership question: the venue they walk to is the venue your concierge card should name. Crowds, never people; nothing in a card can identify a guest.

Who reads it at a hotel?

The general manager on Monday, the marketing manager through the week, and whoever owns partnerships. Each card is a sentence, the evidence behind it, the level it comes from and one move: a rate hold, a package aimed at the soft nights, a concierge card rewritten around what opened nearby. The for-teams page covers how a small marketing team works from the briefing.

What the Sunday edition would say

An independent 180-room hotel Downtown, run by a two-person marketing team. Las Vegas, the three weeks around the Formula 1 weekend in November.

  • Pulse I · What's on the calendar?

    Race week books the Strip; Downtown runs normal. The F1 weekend fills the Strip corridor; Downtown pace in your category looks like a strong ordinary weekend.

    WHERE THE RACE WEEKEND LANDSStrip only

    Move: Hold rate for the convention the following week rather than chasing race-weekend rate you won't get Downtown.

  • Pulse III · Where does my crowd go next?

    Guests walk east after dark. Measured Misd activity around the property moves toward Fremont East in the evening, most on Fridays and Saturdays.

    STRONGEST EVENING FLOWFri–Sat

    Move: Rewrite the concierge card around the Fremont East walk and propose a package to the two venues at the end of it.

  • Pulse II · How is my category running?

    Independents are soft mid-week. Independent hotels Downtown run softer Tuesday through Thursday than the market as a whole this month.

    SOFTEST NIGHTS, YOUR CATEGORYTue–Thu

    Move: Put the local-partnership package on weeknights, where your category has the room to fill.

A sample edition for an archetype, not a customer. The place and the calendar are real; the numbers are illustrative and show the shape of a card, not a finding. Your cards are built from your address.

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