Lead Hospitality

When Business Stalls, Collaborate with the Competition

THE IDEA

Collaboration between hospitality businesses is essential in challenging times—and in prosperous ones. Sharing information, resources and lessons learned can make hotels smarter, stronger and more valuable. Your hotel is part of a destination, so its success matters to everyone.

And in times of prosperity too. We are not talking about benchmarking or any similar kind of strategy; we are talking about genuine collaboration, the exchange of information and resources, and the search for joint solutions. There is nothing sadder than a destination where half the hotels are closed or abandoned. Tourists will feel they are in a destination in decline. My success is linked to the success of my competitor. But let us stop calling them competitors. Sometimes words are more than letters arranged in order; they mean something, and “competitor” does not seem a particularly suitable term. Collaborate with your collaborator, your partner. We are talking about open businesses, customer-focused businesses that join forces to deliver better service. Who knows better than we do what we need? What would happen if we shared information about our guests? And the results of initiatives and strategies implemented? We would be smarter, we would have greater value as businesses, and our collective intelligence would increase. Of course, it must be a sincere, two-way relationship, with mutual feedback. But why not take the first step ourselves? If your hotel is stagnating, look around, find one that is not, ask how it has done it, and tell it what not to do. Let it give you the keys to its success, and you give it the keys to your failure; it, its achievements, and you, your mistakes. Information is power, but only if it is used. Do not let a sense of competition prevent you from improving. Remember that you are not a tourist destination; you are part of one. It is in your interest for it to work, everything
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