Portfolio

When An Upgrade Is A Viable Option

- By Li Haohan

Upgrading.cc promises to make purchasing upgrades for flight, rooms, and services efficient

Upgrading.cc promises to make purchasing upgrades more efficient – bringing benefits to both customers and the businesses that serve them. The sharing platform allows partner hotels to list their upgrade offers, which the users can take up

Ahospitali­ty industry veteran, Mr. Cetin Sekerciogl­u has a long and distinguis­hed career marked by key leadership positions at Shangri-La Hotels & Resorts where he was EVP Southeast Asia, and at Millennium Hotels & Resorts, Asia Pacific where was president. Well-regarded as a leader in strategic direction and an advocate for innovation and technology, Mr. Sekerciogl­u has founded a new company that seeks to bring tech-led innovation­s to the process of purchasing hotel upgrades. Called Upgrading.cc, the new company has an online platform where guests can purchase upgrades for accommodat­ions, and access to facilities and services to make a hotel stay more convenient and comfortabl­e. The facility allows upgrades to be completed online anywhere from three months to even a day prior to travel instead of on arrival at check-in counters. “You are assured of an upgrade when you reach your hotel, instead of taking chances purchasing one on arrival,” Mr. Sekerciogl­u says. Upgrading.cc will also help hotels sustain positive growth in terms of revenue per available room (RevPAR), Mr. Sekerciogl­u says, adding that most hotels are not focused on upselling, which can potentiall­y add anywhere from 40 to 90 per cent revenue gains. Portfolio caught up with Mr. Sekerciogl­u to go over the features of the Upgrading.cc platform, and how it will help both customers and businesses.

Portfolio: What prompted you to start Upgrading.cc?

Mr. Sekerciogl­u: I’ve been observing the amount of time it takes hotel guests to check in at the front desk, and realized that it takes longer than it should when the staff upsells a room. Upselling can bring a lot to a hotel’s income, but many of them have left this niche market untapped. A lot of hotels focus on selling rooms in lower categories based on Best Available Rate; although it helps move the inventory, it leaves rooms in higher categories unsold. By delivering upgrade service with the help of technology – by offering it online – it becomes more convenient and therefore more attractive. Customers are assured of an upgrade before they travel and enjoy faster check-in; hotels gain more revenue from selling premium rooms.

What are you doing to make Upgrading.cc platform attractive to customers?

Upgrading.cc has simplified the process of purchasing upgrades. The customer can use his preferred channel to make his bookings, and then go to Upgrading.cc to upgrade his room, check out promotions for clubrooms and suites, and enjoy a host of perks applicable to the upgrade. The customer can also create his own price alert. Here he can list down the price that he is willing to pay for a better accommodat­ion. If there is a change in prices that match his budget, this function will notify him, thus ensuring that he doesn’t miss out on any chance for an upgrade.

By delivering upgrade service with the help of technology – by offering it online – it becomes more convenient and therefore more attractive. Customers are assured of an upgrade before they travel and enjoy faster check-in; hotels gain more revenue from selling premium rooms.

Our platform is highly consumer-driven. Many travelers today, especially the millennial­s, conduct transactio­ns on their mobiles. We believe that this will disrupt the traditiona­l hotel upgrading process.

What benefits does Upgrading.cc bring to businesses?

Upgrading.cc helps hotels upsell their rooms without investment. They sign up with us as partner hotels, and their upgrade offers become available to the users of our platform. This provides the opportunit­y to unlock potential upselling revenue gains of 40 to 90 per cent. (Upgrading.cc offers three partnershi­p tiers for hotels, which determine the level of engagement they can have with the platform users.)

Walk us through the process of buying an upgrade on your platform.

Users can access the list of upgrade offers from the site’s partner hotels. After booking a hotel accommodat­ion using his preferred channel, the user can visit Upgrading.cc to search for available upgrades. Once he finds a suitable offer, the user can either sign in (returning users) or sign up (first time users) to Upgrading.cc and proceed to make a payment. The site accepts a prepayment of 10 per cent of the total upgrading fee; meanwhile, the remaining 90 per cent will be payable at the hotel front desk on arrival. After completing this transactio­n, the user will receive an e-mail confirmati­on, the details of which can be viewed under ‘My Account’. A user can also list down the amount that he is willing to pay per night for an upgrade; he will be notified if an upgrade that matches his budget becomes available. Access to lounge facilities, as well as club and suites promotions are also listed on the site.

How do you plan to grow the business?

Our goal is to sign up 1,000 hotel partners.

Where else do you plan to take Upgrading.cc in the future?

We are now testing our app that will notify customers of the best upgrade deals –from an upgrade to a higher room category, to purchasing hotel lounge access and promotions on hotel club and suites.

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