Revenue Management

An extension of the hotel’s team with revenue management responsibilities. Choose from one of the two services below:

Limited Service (Great for Small Hotels)

  • ~ Rolling 365-day price positioning & yielding based on market and pickup trends

    ~ Implement rate, room and channel restrictions

  • ~ Comp set review of pricing strategies, promotional offers, amenities & services

    ~ STR analysis to identify opportunities for performance improvement and revenue enhancement

  • ~ Revenue Strategy Meeting (one hour/month)

    ~ Coaching & team development

  • ~ Generate pickup report on a weekly basis

    ~ Generate pace report on a weekly basis

    ~ Generate rate strategy calendar inclusive of rate recommendations on a weekly basis

  • ~ Rolling 365-day price positioning & yielding based on market and pickup trends

    ~ Implement rate, room, and channel restrictions

    ~ RMS optimizations (if hotel has an RMS subscription)

    ~ Promotion & package development

    ~ Deliver group quotes & rate suggestions to Sales

    ~ Monitor oversellstrategy

  • ~ Comp set review of pricing strategies, promotional offers, amenities & services

    ~ STR analysis to identify opportunities for performance improvement and revenue enhancement

    ~ Benchmarking data analysis (if hotel has subscription)

  • ~ Revenue Strategy Meeting (one hour/bi-weekly)

    ~ Coaching & team development

    ~ Attend ownership meetings

    ~ Attend ad-hoc meetings as required

  • ~ Generate pickup report 5x per week

    ~ Generate pace report on a weekly basis

    ~ Generate rate strategy calendar inclusive of rate recommendations 5x per week

    ~ Generate rolling 120-day forecast

    ~ Generate monthly market segmentation report

    ~ Generate monthly channel production report

    ~ Generate annual revenue budget

    ~ Collaborate on annual Sales & Marketing Plan

  • ~ Management of OTA relationships & extranets

    ~ Management of third party/vendor relationships

    ~ Rate plan management

    ~ Rate code creation

    ~ Rate parity management

Full Service