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Services
Prism's
core services undertaken by our partners are overviewed below.
Due to Prism's standing in the industry we
are also able to draw upon an impressive roll call of
industry experts who either augment our partners on projects, or
provide highly specialized input for our clients.
Needs Analysis
A core
offering that starts with a profile of the organization and an in-depth assessment
of the technology or marketing area in question. The analytical process typically
yields some immediately beneficial steps for management to take today, and delivers
the platform for tomorrow's strategic positioning. Clients well-suited to this
service include hotel acquirers, renovators or those with simply a sense of concern
about some aspect of their operation.
Strategy Development
Prism takes a holistic
approach to strategy development, using the overall needs of the enterprise to set
the agenda for marketing, technology and operations, rather than establishing
unique plans for each discipline. Clients demanding this service include enterprises
changing the way they do business or seeking an external reality check.
Advisory
Boards
Prism has a great deal of experience in conducting Customer
Advisory Boards for our major clients. Bringing existing customers together on a regular
basis is critical to most companies to discuss industry trends, reaffirm partnerships and
to help set strategic direction and business priorities for specific market segments.
System Audits
Not getting the most out of your systems and networks?
Prism conducts audits of all aspects of hotel technology…and that is just the
beginning! We start with the technology, but closely examine the operational,
revenue and cost implications of the technology and how it is being used in your
organization. Any hotel or hotel company is a candidate for this baseline service.
System Selection
Knowing that you need a new system is one thing. Getting
the right system at the right price with the right services is another. Prism's
structured system selection processes ensure that you get what you need and what you
pay for. If you are in the market for hospitality technology products or services,
you are looking for this service from Prism.
Custom Research
Unique in the industry, Prism core capabilities
included customized research programs tailored to your requirements. Whether your
target audience is consumer, buy-side or sell-side, Prism can develop a research
plan addressing your specific requirements. If you need to know, you need Prism.
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Practices
Prism’s partners offer depth and expertise in numerous areas relative to hospitality,
travel, business, technology and marketing, typically blending the disciplines to
ensure the best possible outcome for the client. In most practice areas, we provided
services to not just hotel companies and suppliers to the hotel industry, but also
other businesses that are considering entering the travel and hospitality space.
Management Practice Areas
- Organizational assessment
- Business strategy assessment
- Independent advice to
Board
Technology Practice Areas
- Customer Relationship Mgmt.
- Application development
- Property Management
Systems
- Central Reservation Systems
- Global Distribution Systems
- Sales & Catering Systems
- In-Room Entertainment Systems
- Interfacing and data extracts
- Networks and Hardware
- System Management Processes
- Web Strategies, Design & Hosting
Marketing Practice Areas
- Marketing Planning
- Advertising
- Sales Effectiveness
- Pricing Strategies
- CRM/Loyalty Programs
- Promotional Programs
- Distribution Channel Strategies
- Demand Management Strategies
- Internet Distribution
- Communications Strategy
- Partnership Marketing
- Affluent Traveler Lifestyles
Market Research Practice Areas
- Consumer Market Research
- Trade Trade Research
- Hotel Executive Research
- Quantitative Methods
- Focus Groups
- Analysis & Interpretation
- Addressable Market Research
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Assignments
We present below summary descriptions of a
representative sampling of the projects that Prism's partners have executed for clients large and small the world over.
Business Planning
- Led the development of a new
travel company for Harley-Davidson
- Developed the hotel merchant
model strategy for Sabre
- Developed the business plan to
launch a chain of medical clinics in Mexican tourist
destinations
- Key advisor to a major on-line
travel company during 3 acquisitions
Research
- Led a detailed study of the
hotel industry landscape to determine strategic opportunities
for Sabre
- Collaborated in the assessment
of the online travel distribution space for a global financial
company with large travel interests
- Led an in depth study into the
requirement and feasibility for a Unique Global Identifier
solution for the hotel and travel industries
- Executed a detailed study for a
global hotel company into the competitiveness and market
relevance of their rates and
selling strategies
Technology
- Evaluation of the overall
central reservations function for a hotel company with widely
varying luxury properties
- Led development of two major
hotel chain CRS applications, each pushing to new levels of
state-of-the-art
- Lead the CRM & Loyalty
replacement RFI/RFP process for one of the worlds largest
hotel companies
Marketing
- Complete development of guest
loyalty and guest history programs from the fundamental research
stage through to operational and marketing implementation
- Designed, built and executed
search engine optimization for hotel management company
resulting in 81% increase in room nights and 104% increase in
room revenue over the prior year
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