Attendees can easily book rooms at a central hotel, ensuring players are accommodated together and ready for the tournament. This model not only ensures ample inventory and proximity to the event venue but also promotes interaction between families and players, fostering an experience that extends beyond the playing field.
Additionally, by facilitating team lodging, you can earn rebate commissions on the hotel bookings. Book Your Block and its hotel partners offer a rebate per guest for each room night booked, enabling you to generate a profitable supplemental revenue stream from cumulative reservations. For instance, if your event generated 1,000 room nights and the rebate was $15 per room night, you would receive $15,000 from Book Your Block, within 30 days of the event ending.
Book Your Block prides itself on securing partnerships with hotels in challenging markets; where other companies often struggle. Our attendees are guaranteed the best rates at these partner hotels, as the properties agree to offer the lowest available rates, ensuring no lower group rates are available during the event dates.
Turn Tournament Lodging into Profitable Revenue
Harnessing the advantages of three distinct booking models, Book Your Block delivers a versatile and all-encompassing lodging solution for event attendees. This integrated approach ensures a steady stream of reservations up to the game day, maximizing revenue even after traditional room blocks are released. Typically, our lodging clients achieve a remarkable 300% increase in annual lodging revenue within two years of joining us.
Group Block Model: Hassle-Free Group Reservations
Book Your Block’s core booking model revolves around group blocks, offering a turnkey solution for group leaders to secure accommodation for their teams. Book Your Block’s user-friendly booking sites allow group leaders to compare hotels, select preferred options, reserve a courtesy block of rooms without financial obligations, and communicate booking details easily to families.
Individual Booking Model: Competitive Rates for All
Book Your Block’s second booking model is designed for clubs or teams that prefer not to centralize accommodations for their members. Individuals book within our room blocks, allowing each family to choose their own hotel, while still ensuring that rebate commissions can be earned. This flexibility enables families to select their preferred hotel brands and find accommodations that match their budget and lifestyle preferences.
We simplify the booking process for guests by providing easy access to our booking site. Here, they can effortlessly review our wide range of hotel partners and make reservations by entering basic contact information and credit card details. Our extensive network of hotels enables us to offer significant savings without compromising on quality accommodations. With a wide variety of room types and locations available, we cater to the diverse needs of our clients.
Book Your Block continues to manage inventory, facilitate bookings, and provide first-class customer support, ensuring we're always there for your guests. Our individual booking model expands our services beyond traditional group blocks, offering enhanced value for individual travelers seeking quality accommodations for their tournaments.
Discounted Real-Time Inventory
The group block model allows organizers to secure courtesy hold blocks for their attendees, reserving a set number of rooms for a specified period, typically 14 to 21 days. However, once the initial inventory sells out or the room blocks are released, there is no more inventory left to sell, which is a disadvantage of solely using this model.
To address this, Book Your Block offers a Real-Time Supplier Inventory model, allowing families who missed the group block option to book rooms in the same hotel as their teammates or choose from an extensive range of hotel brands available in the market.
Mark Shearer, CEO, stated, “We have built technology to seamlessly switch tournament booking sites from the group block model to the real time supplier inventory model to ensure a seamless supply of hotel inventory and allow our event operators partners to capitalize on a consistent booking revenue stream”.
This solution is ideal for last-minute reservations, ensuring attendees can still secure accommodations in a central hotel where they can connect, develop friendships, and enhance their tournament experience. Moreover, it guarantees a steady stream of reservations right up to game day, turning tournament lodging into a profitable revenue stream. This model ensures that even last-minute additions to the team or late bookers contribute to ongoing revenue generation.
By merging the strengths of group, real-time, and individual booking models, our integrated platform guarantees a consistent flow of reservations, maximizes revenue, and delivers flexible, high-quality lodging solutions for all our clients. As Joe Santilli, SVP at Steel Sports, stated, "Book Your Block has developed a well-thought-out lodging program that has significantly increased our room night pickup ."
Implementing multiple booking models can significantly enhance your tournament lodging potential by catering to a diverse range of participant needs and preferences. By incorporating Book Your Blocks' award-winning tracking technology, you can effectively monitor your Stay-To-Play policy, ensuring compliance and optimizing occupancy rates. This sophisticated system not only streamlines the booking process but also provides valuable insights into booking patterns, enabling you to adjust strategies in real-time to maximize revenue. Leveraging these tools allows you to create a seamless and efficient booking experience, ultimately driving higher satisfaction and profitability for your tournaments.
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