Lori Gédon, Owner on Influential Women

Influential Woman · Travel and Hospitality

Lori Gédon

Owner, Coyaba Travel

Saratoga Springs, NY

9Awards received

Certifications · Degrees · Memberships

Degree Bachelor's degree in Biomedical Illustration from Skidmore College Degree Partially completed Master's degree in Marketing Degree Certified Travel Counselor degree Cert Certified Travel Counselor Member American Society of Travel Advisors (ASTA) Member Caribbean Tourism Organization Member Capital Region Travel Industry Organization (Albany Member NY) - President and Board Member Member Soroptimist International Member St. Martin American Marketing Association (SAMA) - Board Member Member New Jersey Travel Industry Professional Society (New Jersey TIPS) - Board Member Member National Association of Women Business Owners Member Travel and Tourism Advisory Board at Bergen Community College Member Heritage Garden Club of Saratoga Springs

Her Story

About Lori

My career in travel and hospitality spans over four decades and has been completely self-made. I started with a villa rental company that became globally acclaimed, representing 10,000 vacation properties at a time when no one else was doing this kind of entrepreneurial work - long before VRBO or Airbnb existed. We vetted every property personally, which set us apart. After 9-11 impacted that business, I pivoted to marketing for 4- and 5-star hotels, resorts, and private islands, and became very well known in the Caribbean and Bahamas for my specialty in raising hotels from crisis mode - raising the phoenix from the ashes, as I call it. I would group smaller boutique luxury properties together and handle all the things that big box properties did on their own, so we could compete effectively at trade shows. I was on the road three weeks out of every month doing this work. I've been invited to speak at international industry events, was among the first 10 American travel executives invited by Fidel Castro to tour Cuba in December 1995, and have been featured in major publications. I also taught as an adjunct professor at Bergen Community College for a couple of years, though I had to stop because I couldn't balance teaching with overseeing my office and 12 remote sales reps and office staff of 7. Since 2018, I've focused on group travel, working with my husband to take people 55 and up to destinations they would never visit on their own, hosting trips for their comfort level. This has been highly successful because these travelers wouldn't have done any of this independently. I choose my clients carefully now - I don't advertise, and my business comes mostly from referrals and people I think might be a good fit.

Her Interview

Ten minutes with Lori

01What do you attribute your success to?

I really think my parents brought me up to be free-thinking. I worked hard, and they had good values. I worked in my father's office as a receptionist - he owned an animal hospital and was a veterinarian - and I learned about business there. You have to learn about business to get into your own. You can't just say you want to do something - it doesn't work that way. You've got to know something about the background of running a business, because for travel advisors, it's not just selling that cruise. It's all the bookkeeping that's involved, and having the right contacts and strategic alliances so that your clients will be able to feel comfortable that if something comes up, you can call somebody to help them and get priority attention. These are important things.

02What’s the best career advice you’ve ever received?

The best career advice I ever received was to be organized. Really be organized. I also learned early on that you never get a second chance to make a first impression, and I have this on my wall. That includes your presentation, how you're dressed - and I'm not saying you have to be in a suit and stockings and high heels, but you have to look put together. Because someone who's sitting on the other side of your desk is going to look at you, and if you don't look put together, they're going to wonder how you're going to manage all the facets of their trip. If you're not looking put together, how are they going to manage that? So I tell people that you have to remember, they're judging you the minute they meet you to see how well you're going to organize their trip.

03What advice would you give to young women entering your industry?

Start working for someone else first so that you can learn the ropes. That's important. Also, join every local industry organization - every travel industry organization in your area - and become active, because that's where you make great contacts. Now that a lot of travel advisors work from a home office and don't go into work where they're meeting people all the time, these events are crucial. Whether it's a trade show or monthly dinner meetings that a lot of these organizations have, or familiarization programs, whatever opportunity you have, take advantage of it. And you'll actually be doing that probably for the rest of your time in the industry, because you realize the value of it - getting to know people and meeting them.

04What are the biggest challenges or opportunities in your field right now?

I think the biggest challenge is that people look at price, and they don't understand what that entails. I sell - even though I'm known for being a luxury travel agency - it doesn't mean that we're expensive. But it means we know where to get the best value, and that is key. As far as the villa business, what's really important to know is that yes, you have Airbnb and VRBO. These are not vetted properties. They're strictly advertising sources, strictly media. Nobody goes and looks at these properties. They just take the word of what the homeowner sends them. We, on the other hand, in the villa business, actually go and we vet the properties. And believe me, we turn down quite a few because they don't meet our standards. And those standards - we're not just talking that they're luxury, we're talking about that they're in safe locations, that they have a nice setup, that they're clean, that they're suitable for a vacation rental. We are very accurate. We do our own write-ups and things.

05What values are most important to you in your work and personal life?

Making the proper match is most important to me. Matching the client with the perfect trip for them, whether it's the perfect destination, the perfect cruise, the perfect hotel, whatever that perfection is, by listening to what the client is telling you. And then, using your contacts and experience, and all those Zoom presentations and what they call familiarization programs, where we actually go and experience the different options that are out there. That's so important. Because you can just go online and book it, but you just don't know what you're getting.

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