Category: Strategy

Strategy planning, strategy execution and business model design focused on collaborative modelling

Environmental sustainabilityStrategySustainabilityThird sector and social sustainability

Six Models to Link Tourism to Conservation (II)

If developed and managed properly, a sustainable tourism strategy can aid conservation efforts. A destination’s natural environment, often the catalyst for tourism development in the first place, must be preserved to sustain tourism in the long run. Part I of this article discussed the first three of Solimar’s six models that link tourism to conservation:

  • Improve Tourism Operations and Guidelines
  • Increase Tourism Awareness and Constituencies
  • Increase Income Diversification

Here are three additional ways that tourism can assist a destination’s natural conservation efforts:

  1. Increase Monitoring and Research

This model supports conservation by increasing the presence of guides, visitors, and researchers in critical areas where environmental degradation occurs. Two main strategies arise:

      4.1 Increase the Role of Local Residents in Monitoring and Research

Local residents often participate in conservation efforts by forming patrols or gaining employment as research assistants. Coastal residents can conduct nightly beach patrols to prevent the poaching of sea turtle eggs or illegal fishing. Tourism stakeholders can commit funding to these patrols or commission research projects with local residents as assistants. Execution of this strategy often depends on vital support from NGOs. By playing a role in monitoring and research, local residents gain awareness of conservation issues and form a deeper attachment to the local natural environment.

       4.2 Increase the Role of Visitors in Monitoring and Research

‘Voluntourism’ increases in popularity every year. Tourists increasingly seek travel through which they can learn about a cause while making a positive impact on their chosen travel destination. Tourists can sign up for long-term stays at ecolodges or engage in direct conservation efforts through National Parks or private businesses offering such experiences.

  1. Increase Tourism-Generated Conservation Financing

Most conservation professionals agree that increased funding would help their efforts. If tourism can increase the amount of funding available to conservation-related businesses and organizations, reliance upon donations decreases and the whole operation becomes more sustainable. This model involves four strategies:

     5.1 Utilize Sustainable Tourism Profits to Support Conservation Activities

This should be seen as investing in a destination’s long-term future. The natural environment often draws tourism to an area in the first place, so investing in the future of that environment enhances the likelihood of long-term sustainable tourism. Examples of profit reinvestment include increased monitoring and research, hosting ‘volontourists,’ or replacing less efficient equipment with new, more eco-friendly equipment.

     5.2 Develop Travel Philanthropy Programs

Creating programs that provide a reliable way for visitors to donate can greatly aid conservation efforts. This strategy involves several steps: developing visitor appreciation of the site’s resources, increasing visitor understanding of the threats to those resources, fostering visitor understanding of efforts to mitigate those threats, and finally, presenting the visitor a reliable way to donate to those efforts.

    5.3 Develop Conservation-Themed Brands and Merchandise

Many National Parks and conservation organizations sell t-shirts, mugs, hats, and other merchandise. A simple, easily identifiable logo with clear text should be used on merchandise as well as websites, publications, and news releases. The WWF and their panda logo provide a good example. Publicizing details about how merchandise sales lead to conservation can encourage sales.

   5.4 Promote Mandatory or Voluntary Protected Area Entrance/User Fees

Visitors often have to pay a mandatory fee to use a protected area. Parks can sell daily, weekly, monthly, seasonal, or yearly passes. Sometimes fees correspond to an activity undertaken in the park so entrance may be one price while an additional fee may apply for fishing or camping. These fees can be used to hire more guides or rangers to protect the park or to increase the availability of interpretation within the park.

  1. Increase Conservation Partnerships:

Increased cooperation between local residents, protected areas, NGOs, and private business can accelerate conservation efforts. When communities can share in the economic benefits of a sustainable tourism strategy, the likelihood of effective long-term partnerships increases. This model involves two main strategies:

     6.1 Developing Partnerships between Protected Areas, NGOs, and Universities

Attracting researchers from NGOs or universities brings revenue to protected areas through the provision of food, lodging, and other services. The research itself builds a more thorough understanding of the natural processes taking place and can inform future conservation efforts. The Tiputini Biodiversity Station in Ecuador often hosts researchers for months at a time while bringing in large student groups for 2-3 day tours and hikes. Many of these efforts develop through a partnership with the Universidad San Francisco de Quito (USFQ).

     6.2 Developing Partnerships between Protected Areas and Communities

Concession agreements, which allow local businesses to operate within protected areas, are becoming more widespread. This creates a financial incentive for local residents to engage in sustainable tourism practices. As business flourishes, commitment to the sustainable management of the protected area arises.

Destinations seeking sustainable solutions to conservation issues should employ the models and strategies listed above.

This blog post is from   www.solimarinternational.com/resources-page/blog/item/222-solimar-s-six-models-to-link-tourism-to-conservation-part-ii

Marketing 3.0StrategyStrategy planning & executionTourism marketing

Disney “Commandments” = Great Learning for Cities and Downtowns

I once came across the informal guidelines that have inspired and guided generations of Disney Imagineers as they design and manage the Disney theme parks and guest experiences. These guidelines are based on the original insights that Walt Disney used when he built Disneyland in 1955.  But it was Marty Sklar who documented these principles and called them “Mickey’s Ten Commandments: Ten Things You Can’t Forget When You Design a Theme Park”. Sklar was one of the unsung heroes of Disney. He joined Disney one month before Disneyland opened, and until his retirement in 2009 directed the Imagineers using these Commandments.

The Commandments are very simple and the principles can be applied to many situations related to tourism development, branding and marketing, urban planning and visitor experience management.

  1. Know your audience – Don’t bore people, talk down to them, or lose them by assuming that they know what you know.
  2. Wear your guest’s shoes – Insist that designers, staff, and your board members experience your facility as visitors as often as possible.
  3. Organize the flow of people and ideas – Use good storytelling techniques, tell good stories not lectures, lay out your exhibit with a clear logic.
  4. Create a ‘weenie’ – Lead visitors from one area to another by creating visual magnets and giving visitors rewards for making the journey.
  5. Communicate with visual literacy – Make good use of all the non-verbal ways of communication – color, shape, form, texture.
  6. Avoid overload – Resist the temptation to tell too much, to have too many objects, don’t force people to swallow more than they can digest, try to stimulate and provide guidance to those who want more.
  7. Tell one story at a time – If you have a lot of information divide it into distinct, logical, organized stories. People can absorb and retain information more clearly if the path to the next concept is clear and logical.
  8. Avoid contradiction – Clear institutional identity helps give you the competitive edge. The public needs to know who you are and what differentiates you from other institutions they may have seen. (Yes, Walt Disney was advocating the principles of branding long before they were applied to places.)
  9. For every ounce of treatment, provide a ton of fun – How do you woo people from all other temptations? Give people plenty of opportunity to enjoy themselves by emphasizing ways that let them participate in the experience and by making your environment rich and appealing to all of the senses.
  10. Keep it up – Never underestimate the importance of cleanliness and routine maintenance,
    people expect to get a good show every time, people will comment more on a broken and dirty environment.

In suggesting Disney principles and techniques I am not advocating the “Disneyfication” of cities and downtowns. Make no mistake, Disney properties are theme parks. They are not city or community downtowns where residents live, work, study and play. However, Disney locations have raised best practice standards in visitor experience design and consequently provide excellent learning opportunities for ambitious communities.   The genius of Walt Disney never ceases to amaze me, along with lessons from his systems that we can apply to communities everywhere.

This post is from http://citybranding.typepad.com/city-branding/page/2/

Collaborative business modelsTourism trends

Sharing economy and tourism: seeing the elefant in the room

With the aim of monitoring the growth and influence of sharing economy in the wider field of travel services, many institutions such as the Institute for Tourism Planning and Development from Portugal in their ‘Tourism Trends Review‘ have highlighted the impact and evolution of this phenomena:
As a new style of peer-to-peer (P2P) commerce, sharing economy does not merely involve an unusually large number of options for transport, accommodation, and recreation activities. It has also provoked a shift in role of service user and provider. In this environment, contemporary consumers can openly express their individual interpretations of tourism product uniqueness and authenticity as well as indulge themselves in an imaginative manner while moving around well-known and emerging destinations.

This issue was also discussed in 2015 during the 1st Semi-Annual Meeting of the European Travel Agents’ and Tour Operators’ Association with ECTAA and HOTREC representatives and Ms. Elżbieta Bieńkowska, European Commissioner for Internal Market, Industry, Entrepreneurship and SMEs of the European Commission.

In the European Cities Marketing Annual meeting of CEOs of Capital and Major Cities 2015, was an occasion to examine latest destination trends at an influential policy level and focus on the respective impact of sharing economy stakeholders. In two sessions, brainstorming between ECM members and a vivid debate with Airbnb also shed light on what it takes for destination authorities and P2P platforms to work together and deal with issues of common interest over the provision and consumption of travel services. Particular emphasis was also given in exchanging views with representatives from Barcelona and Amsterdam, two cities which have already developed approaches to sharing economy and monitor their results.
It is a fact, however, that both these influential events were only the tip of the iceberg during a busy 2015 including relevant speaker engagements in countries such as Israel, Montenegro, Belgium, Estonia, Croatia, Greece, Portugal, Latvia, and the UK. In all these cases there were moments of great empirical value, especially when we were given the opportunity:

– To realize how market dynamics together with latest statements of UNWTO/EC officials put sharing economy on the spot in this year’s World Travel Market, while only on the sidelines last year.

– To take a look at the actual results of Tel Aviv’s recent partnership with Airbnb to promote the city in joint manner and exchange views with representatives from Barcelona and Amsterdam, two cities which have already developed approaches to sharing economy and monitor their results.

– To learn under what conditions sharing-economy friendly legislation has been in place for decades in Croatia and how hotels team up with BnB apartments and offer them concierge services.

To concentrate for the purpose of this blog post on HOTREC project, the key objectives of the policy paper were to understand the various issues that arise due to the fast growth Short-Term Private Accommodation Rentals (STR) and contribute to the development of a suitable regulatory environment to level the playing field.

When traveling for business or leisure, booking a private house or apartment to stay in via a P2P platform is seen as a trendy and affordable choice: booking, arriving, collecting the key and making oneself, quite literally ‘at home’. More importantly, a simple fact is already common knowledge.

Although the Global Economic Crisis reinforced an interest towards the more effective use of existing resources and the development of new sources of income, advances in technology such as social media and mobile devices accounted for the strongest driver of the sharing and trading of private assets particularly in the case of travel and tourism services.

To examine how the STR have evolved in recent years and transformed the ‘playing field’ for all those involved in offering visitor accommodation, HOTREC policy paper takes into account the following perspectives and international trends.

Business growth: From 2010 to 2015 venture capital firms have invested billions in the “sharing” economy start-ups, with the sectors of transportation and accommodation receiving the biggest shares of funds. Major companies such as Facebook and Amazon are also included lately among potential entrants to the “sharing” economy through the development of peer-to-peer services and partnership-building with existing start-ups.

Consumption patterns: Younger generations (Millennials are commonly identified as those born between 1980 and 1999, and who entered their teenage years as from the year 2000, putting them currently in the 18-35 age group) appreciate a lot customization in customer service at a global level as enabled by technological advancements. P2P Platforms have been effective in using global tools to enhance interaction between service providers and users at local level as well as in providing affordable options for value-seeking Millennials.

–  Entrepreneurial mobility: P2P platforms are  also providing a range of products and services for a new type of footloose global entrepreneur, often freelancing or part of a SME (of which there are now many more, in the wake of technological developments and the global economic crisis). “The way we think about long-term residents versus an emergent and more globalized and mobile population” is actually changing due to the growing appeal of P2P services in transportation, accommodation, and all sectors defining the business travel experience.

–  Forms of employment: P2P platforms provide alternative sources of income to individual service providers, who opt to work as micro-entrepreneurs of the freelance economy. A gradual transition from contractor to employee relationships is however less likely to happen in the accommodation sector, where properties are managed by their owners or tenants. The issue lies in that the sum of individual and commercial activity undercuts hotels on price. When there is also a negative effect on hotel revenues and jobs, it might be another case where technological progress has not yet proved to be a driver for jobs creation.

–  High-level policy making: The activity of the “sharing” economy start-ups has also drawn the attention of national governments and supra-national agencies. Elements of innovation are not rejected in principle, yet political parties in countries such the UK and Canada already participate in a vivid exchange of both positive and negative views on the “sharing” economy.

As these perspectives frame the discussion of various issues including terminology and scales of activity together with suggestions for legislative work, you can a have a look at the HOTREC Policy Paper if you’d like up-to-date knowledge on the agenda of Short-Term Private Accommodation Rentals or even share your thoughts with us.

This blogpost is from  http://www.toposophy.com/insights/insight/?bid=418

Collaborative business modelsCollaborative cultureCulture changeMarketing 3.0Tourism marketing

It Takes a Culture of Collaboration to Deliver a Place Brand

We recently conducted a Tourism Assessment Review for a small city that discovered that its tourism performance was declining. This was an attractive small city with an historic downtown that had successfully established a state-wide reputation as a destination for antique shoppers. However, our research soon revealed that in addition to facing increased competition from online antique stores, the city’s antique stores were falling short of the “antiques capital” reputation.

It didn’t take long to realize that antique store owners were disconnected and totally focused on their own businesses, making little or no effort for cooperation and collaboration with other businesses or civic organizations. In fact, most store owners did not speak to each other and simply regarded the others as competitors. It seems that over time stores were sold and new owners came in and rested on their laurels in the belief that the city’s reputation as a favored antiques destination would sustain itself without any effort on their behalf. They didn’t realize that the reputation was created by the totality of antiques-related experiences in downtown.

This assignment carried several lessons for the city’s tourism performance. Firstly, the Internet can be a positive and a negative force for some destinations.  Secondly, sustaining a city’s brand identity, whether it has been formalized in a documented strategy or not, requires a concerted effort to collaborate, innovate and manage the promised visitor experience by everyone associated with the downtown.

Even though a downtown may have attractive architecture and well stocked stores, it’s the attitudes of residents and business owners that determine whether a place has a special sense of place and can elicit a sense of loyalty from visitors.  And once the culture of collaboration is successfully established, there must be a conscious effort to “pass the baton” to the next generation of merchants. As for being competitors, the merchants need look no further than a food court or freeway interchange to see fierce competitors working together to create a bigger “pie” so that they can all get larger slices.

This post is from http://citybranding.typepad.com/

StrategyStrategy planning & execution

5 Common Mistakes in Business Planning

“The business of a business is business” goes the famous saying. Simply put, it means that a business needs to be practical (has a sound model, makes money) and realistic (whatever you set out to achieve, you should be able to achieve it) to operate successfully. However, growing a business that is both practical and realistic is much easier said than accomplished. Businesses are complicated and they contain a lot of moving parts. Here are 5 common mistakes you should be wary of so that your business remains practical and realistic during the planning stage:

  1. Not understanding the difference between planning and a plan

Tim Berry, the founder of Palo Alto Software stresses that the value is never in the original plan. Rather, it is in the implementation. He stresses that a plan can serve as the foundation providing a strategic direction but it is never valuable unless it is put into action. Planning is a continuous cycle, which takes a plan, puts it into action, compares the outcome with the projected results, and uses this new data to adjust the plan and set goals accordingly. It is the planning that creates value and allows a business to learn its strengths, weaknesses, opportunities, and threats as the time goes by – not the original plan. Therefore, a planning cycle should be put into place and the plan needs to be reviewed & appropriately changed on an annual basis to guide the business towards the desired end. This in turn, makes your business practical and realistic in response to the market.

  1. Ignoring market realities

The market is of a crucial importance to every company operating around the world. Susan Ward, co-owner of Cypress Technologies and an IT Consulting business, illustrates that a company can have an amazing product or a service that they would like to sell, but if the consumer is non-responsive to the product and does not want to purchase it, then the company will never be successful.

For example, if a company sells umbrellas in a place where it only rains 5 days a year, people would not purchase the umbrella. If the same company sells an umbrella in a market where it rains 200 out of 365 days a year, the demand is higher and umbrellas will likely sell. Even then, there are several other factors that need to be taken into consideration. Take a look at a business’ environments and corresponding factors in diagram below:

Adequate research into market dynamics needs to be conducted annually to understand the business climate, set realistic goals and assumptions, understand the competition, and price the products/services appropriately.

  1. Being everything to everyone

Bill Cosby has famously said, “I don’t know the secret to success; but the secret to failure is trying to please everybody.”

Pick a focus. Pick a problem to solve in the market. Solve it. It is crucial to pick a focus for your business and it is crucial to keep sight of it. It keeps things practical and realistic. Spreading yourself too thin trying to go in numerous different directions will most likely result in nothing working out too well. Ensure you have clear objectives when business planning and ensure that you tailor your plans to suit your business purpose. Whatever you pursue, make it your singular focus. Tim Berry defines strategy as “… focus. It’s as much what you aren’t doing as it is what you’re doing.” Therefore, be clear in what you do so that you can save time, money, and set goals that correspond with the purpose of the business. You don’t need to please everyone.

  1. Thinking that big picture is the key!

Tim Berry states that a “good business planning is nine parts implementation for every one-part strategy”. Therefore, while it is commendable to have a vision and a strategy, as they act as the guiding forces, a detailed action plan is very necessary to achieve the desired end. You should have a goal and underneath list all of the steps that need to be taken to accomplish that goal. More so, you should detail who is responsible, the dates and deadlines for the tasks, forecast the outcomes, design suitable key performance indicators to measure success, measure success against projections, and review the efforts to make decisions for the future of the company. The point is to put planning into action in such a way that there is accountability for each task and action, and you can measure each component. That will provide a much-detailed outlook onto what is working for the company and what areas require improvement. The big picture paints a pretty sight, but the details and implementation make that sight a reality.

  1. Treating it as a race or sprint

Being an entrepreneur is not a race. It’s a disciplined lifestyle, which demands time, persistence, and commitment. Therefore, to minimize risk, continuous business planning is essential and should become a natural rhythm rather than an activity you pursue irregularly. A plan should be carefully put into action. The actions then need to be measured. The new insight you gain should influence your plan. One also continuously needs to be wary of their market, consumer demands, their product/service offering, and pivot in response to the change to business’ environments.

A plan is not a final product, only a beginning. It’s the implementation, continuous planning, and the ability to adapt to the changes that will prove your efforts fruitful and help you retain an edge in the market.

In the end, business planning can indeed be a daunting task. As long as you ensure things are practical, realistic, and the plan is being implemented and reviewed regularly taking into account the change in business’ environments – your business should thrive.

This blog post is from: http://www.solimarinternational.com/resources-page/blog/item/164-5-common-mistakes-in-business-planning

Marketing 3.0StrategyTourism marketingTourism trends

What’s Involved in Destination Leadership Success?

I was delighted to recently receive a copy of Bill Geist’s new book, ‘Destination Leadership’. I found his last book of the same name to hold so many epiphanies in regard to understanding and responding to the challenges that face DMOs.

I’m delighted to say that this edition again hits the mark time and again. It makes sense of much of the landscape that DMOs are dealing with. It helps that Bill has several decades experience working with over 200 DMOs to provide him with real world insights.

Destination Leadershipshows how to build the most effective DMO, structure and Board for today’s destinations. He explores the nexus between economic development and tourism, and how places can orchestrate the greatest synergy from them. I found his advice on creating and managing the DMO Board to be particularly important for successful destination leadership. He also points the way for recruiting the best and brightest to the Board.

This is the ideal book for DMO staff, executives, board members and key stakeholders, as well students, academics and government officials wanting to better understand how to introduce and sustain successful tourism organizations of all sizes.

This post is from http://citybranding.typepad.com/

Business model innovationCollaborative business modelsCollaborative cultureInnovationTourism trends

Serving up a storm

What the sharing economy has done to accommodation and transport, it is now doing to food and fine dining.

Peru has been top of my wish-list for many years, and while the country’s stunning landscapes and rich Inca heritage were an obvious attraction, my main motivation to fly for nearly 13 hours from London to Lima was the country’s food.

The country may be seem quite remote for those of us in Europe or North America, but its cuisine has been undergoing a steady rise in popularity in big cities around the world. With a heavy emphasis on fresh produce, unique flavors and local ingredients, Peruvian food (and drink) really does stand out as one of the world’s finest.

By designing my trip around opportunities to try as many different foods in as many different settings as possible, I joined the many millions of travelers globally who are putting food at the center of their travel plans. This megatrend has certainly caught on around the world, to the extent that in its 2016 Megatrends report, Skift declared food as ‘the leading hook in travel’.

Increasing numbers of destinations and travel businesses are responding to this demand by using food to transform their brand image: just think of Copenhagen’s promotion of Danish cuisine on the back of the top-rated restaurant Noma, or the many airlines that are upgrading the food and drink they offer on board, flying dedicated chefs between continents to keep their customers happy and well-fed. Brand transformations and new food-tourism concepts are springing up on a daily basis, all fueled by mobile devices, P2P platforms and social media. Events that bring new places to eat and drink to the fore, such Dine Athens Restaurant Week by Diners Club bring locals and visitors together to share new food concepts every day. With so much going on, it can be hard to keep track of it all!

It’s time to come to terms with the fact that, just as with accommodation and transport, more and more individuals are starting to offer services and experiences directly to visitors, bypassing traditional tourism businesses such as bars and restaurants. Examples include meal-sharing platforms such as Withlocals or Eatwith, but there are many other platforms offering other concepts that connect travelers with food and drink. Just as we’ve seen with accommodation, the rapidly-growing numbers of travelers who go to strangers’ houses for dinner do it not for the novelty, but because they see it as part of their way of life. Consumers are also increasingly interested in their own diet, fitness and where their food comes from. These provide just a few reasons why this phenomenon is here to stay.
If increasing numbers of travelers are buying experiences directly from local people, and discovering the destination through the eyes of a local, then doesn’t it make sense for destination management and marketing authorities to get involved? Local people are rapidly becoming part of the destination’s brand and are taking on the promotion themselves.
While we believe that this is definitely something to be celebrated, it does raise some difficult questions over the role of local authorities in formally involving these local people in their destination marketing and management, as well as how they can ensure quality and safety for visitors. We understand that these are big questions to handle for DMOs that are short on time and resources, especially since the world of P2P platforms, their listings and partnerships grow and change so quickly.

To help answer these questions, last month Toposophy in partnership with European Cities Marketing produced a free, practical guide for DMOs on how to successfully integrate sharing economy services into what they do, and use it as a tool for improving how they manage destinations. It also gives tips on how to form partnerships with existing platforms, something which can potentially cause conflict with ‘traditional’ tourism service providers if not handled properly.

With this in mind, here’s a summary of the presentation to the CityFair audience in London:

  • Get involved: The sharing economy is here to stay, and consumers are rapidly converting to using the many services on offer. It’s in your interest and theirs to join the conversation.
  • Do an audit: Do a deep analysis of P2P platforms to understand how your destination is being promoted by local people, and how this fits (or not) with what you’re already doing
  • Set your policy goals: Thinking beyond tourism, what are your organization’s policy goals for local people, and how can you use P2P platforms to help support these through providing tourism services?
  • See the sharing economy as a useful management tool: Check out our detailed infographic to discover how the sharing economy can boost the visitor experience, as well as improving city management and local social cohesion.
  • Build partnerships based on your goals: Work with platforms and partners that are aligned with the policy goals (note: they’re not always directly linked to tourism experiences) that your organization wants to achieve. It’s fundamental to put local people first.
  • See tech as a way of putting your local cuisine on the world stage: Whether through events such as the Restaurant Week we ran in Athens or working with tour-guide apps to bring people to specific places, tech is providing a window for something that’s unique to your destination: the food, drink and the people who create it.

This blog post is from     www.toposophy.com/insights/insight/?bid=428

StrategyStrategy planning & execution

Your Road Map to a Great Tourism Business Plan

Any great tourism business begins with a great “road map.” This road map serves as your business plan with actionable steps for moving forward with developing the enterprise. There are seven key components to your road map.

  1. Clear Concept- Before you can dive into the road map, the essential first step is to clearly articulate your enterprise concept. What is your enterprise? What do you do? What are you trying to achieve? What impact do you expect your enterprise to generate? Before you move further down the road map, be sure that you put some thought into these questions and can clearly define the concept of your tourism enterprise. Try to condense this concept into a simple one to two sentence pitch that clearly articulates your business concept.
  2. Market Analysis- Your market analysis includes the international, regional, and national tourism statistics and travel trends, the profiles of your target market segments, and a value chain/ industry analysis. Begin by getting an idea of the relevant tourism trends and statistics. What percentage of tourists coming to your destination region, country, or city are country nationals versus international visitors. When is the peak season that tourists come to visit? What are the typical demographics of visitors? Has the number of international tourists to your destination been increasing or decreasing? Addressing these questions will help you to better understand your market before moving forward.

From here, you can develop the profiles of your target market segments. Determine the nationality of your market, their wants and needs, their budget, etc. Think about whether your target traveler is seeking adventure and physical challenges, luxury and relaxation, or service and learning opportunities. Additionally, you will need to analyze the existing tourism industry in your destination. Especially if your enterprise will work with intermediaries; investigate the existence, success, and business models of tour operators, travel agents, and hotels; as they relative to your business concept to market or sell tourism products.

  1. Sales and Marketing Strategy- At this stage of your road map, it is important to determine strategic positioning in terms of the pricing, placement, and promotion strategies of your business. There are numerous factors, both short and long-term to consider for pricing including the value provided compared to that of competitors, the price the market is willing to pay, the revenue needed to enable the business to reach its financial goals, and profit maximization. Your placement, or distribution, may be conducted either through direct or indirect sales. Your promotion strategy will describe the sales and marketing techniques used to reach your target market and should include online and social media marketing.
  2. Competitive Analysis-Complete a summary of competing businesses and products, and determine your competitive advantage. Begin by defining your business competition- the people and businesses that offer similar products and services and seek the same markets. Research these competitors and assess their products or services on a number of factors, such as pricing, product quality, and customer service. Porter’s Five Forces Analysis is a useful tool to use for a through investigation of your competition. By assessing your business competition against your proposed enterprise, you will gain a better understanding of where your business stands and how best to leverage your strengths against your competition’s weaknesses. To determine your competitive advantage, simply outline the major advantages that your enterprise holds over the competition.
  3. Operations and Training Plan-Consider your business structure and the key personnel and training needs that will be required to support it, while also keeping in mind any legal considerations. Will your enterprise be a private company, a partnership, a limited liability corporation (LLC), a cooperative, a non-profit organization, or an association? There are pluses and minuses to each, and it is extremely important to think carefully to determine the best structure for your enterprise. Once the structure is determined, consider the number of employees needed and the roles and responsibilities of each. Consider the hierarchy of employees in your business and how profits will be shared.  Finally, the legal environment is key to consider; think about potential requirements like business registration, employee/membership agreements, permits, and insurance coverage.
  4. Community and Conservation Support- Consider sustainable tourism as a cornerstone to your business plan. Sustainable tourism has the potential to not only mitigate potentially harmful impacts of visitation to a site, but it can also support conservation of the resources upon which it depends. At Solimar, we employ a market-based approach that links jobs and revenue generated by sustainable tourism to support conservation of the resources upon which the tourism depends. To develop a sustainability plan, begin by assessing the conservation threats related to your tourism enterprise. Once these threats have been assessed, you can choose tourism conservation strategies that address those threats, such as an environmental education program or a trail monitoring and research program. Lastly, be sure to budget for the implementation of your sustainability plan, including salaries, equipment, materials, and trainings.
  5. Key Milestones and Workplan- Lastly, now that your business plan has been fully considered, you can create a timeline of the major activities related to the establishment of your enterprise and its tour products and services. Create a comprehensive list of the milestones to be completed for the successful establishment of your business and determine the order in which they shall be addressed. With each milestone completed, you are one step closer to being the proud founder of a great tourism business!

This blog post is from www.solimarinternational.com/resources-page/blog/item/163-your-road-map-to-a-great-tourism-business-plan

 

Collaborative business modelsIntelligenceTourism trends

How Airbnb has given local restaurants a boost

The AirBnB phenomenon was not a completely ground breaking concept. The concept of staying at a guesthouse and kipping in a spare room has been around for for centuries. The Pubs and Inns of the 1600’s often had a room for weary (and drunk) passers by to rest their tired souls in exchange for a shilling or two.

What AirBnB has done so well is use technology to make it easier for this to happen in advance of a stay and allow those who have not thought about renting out a spare room or making a little extra cash, to do so.

The slogan they use of “ Live Like a Local” is something that I really like and something that I certainly did when I backpacked through south east Asia. I stayed in a lot of guesthouses which not only made me feel at home, but also gave me an authentic experience that i talk about to this day.

If you look at my home city London, there are over 20000 beds available to rent on AirBnB and although it is a threat in many ways to the hotel and hostel sector in regards increased stock, I think it has led to a new positive shift for other hospitality businesses.

For me living like a local doesn’t mean just your accommodation…
It means the full experience. For me this starts with food (I am a food lover after all). Back in 2003, in the first guesthouse I stayed in , in Hanoi, the first thing I did was sit with the mother of the household, and have a cup of tea and a bowl of freshly cooked Pho. Amazing… and experience I still talk about to this day.

Fast forward to 2016, and you look at the boom in street food, food markets and pop-up restaurants in London and you can see the shift in food culture which in turn creates a new form of tourism where people want to eat, drink and sleep like a local! The full “Living like a local” experience.

I found an awesome BBQ joint when on a business trip to De Moines, Iowa (Called Jethrows in case your interested, 8 types of BBQ sauce, amazing Ribs & featured on Man Vs Food!) by going on Facebook and using the “Near Me” functionality and could see great ratings by people who I didn’t know but were probably “locals” . I in theory asked the local crowd where was good to go and that answer was delivered to me.

Those restaurants and food outlets that are aware of the shift in travelers demands, and are active in their restaurant marketing , must be finding a new wave of different tourists (not always from abroad!) that find their local venue through the web, word of mouth, social media or food bloggers insights. Restaurants and other foodie places offering unique and authentic experiences, alongside quality service and food, will be a success in my opinion.

I think there is an opportunity for more strategic thinking between the likes of AirBnB and gastronomic outlets in regards encouraging the “eat like a local opportunities” to their customers rather than traveler being lured into the big branded places.

I think the opportunity is there for smaller restaurant operators to really fly, as long as they make themselves accessible through simple marketing and provide consistently authentic experiences to their customers to make them feel like a local, whether they are or not.

This blog post is from  www.toposophy.com/insights/insight/?bid=433

Business model innovationCollaborative business modelsMarketing 3.0StrategyTourism trends

It’s time for DMOs to take the leap on the sharing economy

The sharing economy is booming, but until now most European DMOs have largely stayed out of the conversation, seeing this new economic model as a cluster of problems, rather than as a useful tool to meet their policy goals. It’s time to turn the tables and get involved.

For many European destination marketing & management organizations, the sharing economy is regarded variously as a source of conflict, a fascinating (if frenetic) economic model, a shadowy way for some to make money, or just a plain headache. This is quite understandable, given the near-weekly emergence of new products and platforms, the anger expressed by many of those running traditional tourism businesses, and the uncertainty around rules and regulations. Activities such as short-term apartment rentals don’t just concern the city tourism board: housing, planning and taxation departments also have good reasons to be interested in what’s going on.

While the challenges can at times seem overwhelming, it is still a fact that the sharing economy is really just becoming the new rental economy or, in some respects the collaboration economy. Consumers love it, and the types of people who are getting involved are becoming more and more diverse. Private tours, home-cooked meals, apartments and other tailored experiences for travelers are becoming more exclusive every day! The main thing however, it that it just works. Barriers to becoming a ‘user’ or a ‘provider’ in the sharing economy are low, and the platforms are generally attractive and user-friendly. As a movement, the ‘collaboration economy’ is enabling citizens to cooperate, meet, solve problems and share local resources like never before.

This month’s Annual General Meeting of European Cities Marketing in Madeira took the theme ‘Dare To Share’ reflecting the desire of ECM members to engage with the sharing economy. With DMOs facing so much pressure from all sides to do more with less, engaging in a serious way with the whole concept of the sharing economy can sometimes seem too daunting for a simple city DMO to take on. At the same time, it’s perfectly clear that it isn’t going to go away, and that consumers are using it as a normal part of their daily life at home, and while traveling.

It’s time for DMOs to turn the powerful aspects of the collaboration economy to their advantage and take the leap. After all, many DMOs are under pressure from reduced budgets and higher expectations to participate in local economic development. They’re also increasingly expected to manage the destination, rather than concentrate purely on marketing. As we illustrate in the infographic below, the sharing economy can, in fact, provide a very useful tool for managing cities in a smart way, while improving social cohesion and enhancing the visitor experience.

While we believe that the sharing economy can offer real opportunities for city tourism authorities, it is however vital not to ignore one group of people: local residents. Local people provide the secret ingredient to great, authentic product development and marketing. At the same time, it is essential to ensure that sharing economy activities don’t impact negatively on their quality life or cost of living for the wider population. P2P platforms can open up the destination to new types of travelers and provide a valuable source of income for local people, however there is a darker side to this activity. Many are used by unscrupulous companies and individuals to evade safety rules and taxation, and platforms are accused of unfairly hoarding data when it could help in enforcing compliance with local laws.

Therefore, working closely with other government departments, DMOs have to ensure that when building partnerships with platforms, or even building their own, that they put their local people and policy goals first. To help DMOs understand how to ‘take the leap’ in a responsible, informed way, we’ve set out a seven-step guide.

This blog post is from    www.toposophy.com/insights/insight/?bid=427