Our team of experienced revenue managers is dedicated to developing personalized strategies for your establishment through in-depth analysis of your market, competition, and current trends.
Using advanced data and analysis, we collaborate with your teams to optimize your revenue.
Revenue Management
Strategy
- Implementation and daily monitoring of a personalized strategy over a rolling 365-day period
- Optimization of prices and rate structure
- Challenge of business mix
- RMS monitoring, support and diagnostics
Budgets & Forecasts
- Ensure visibility of activity by forecasting 3 rolling months
- Draw up yearly and monthly budgets with the hotels
Communication
- Conduct revenue meetings to discuss opportunities and risks and validate the strategy
- Manage relationships with hotels and ensure communication of the strategy to hotel teams
Distribution & Actions
- Seek out opportunities and implement actions
- Distribution management and optimization
Distribution
System Configuration
- Create and update rate codes, packages, descriptions, and terms & conditions in the PMS, Channel Manager, Booking Engine, and RMS
- Setup and manage package elements in distribution systems
System Maintenance
- Maintenance and verification of connectivity in PMS, Channel Manager, Booking Engine, and RMS
Distribution
- Configuration of promotional and special offers across all distribution channels and hotel systems.
- Update terms & conditions across all distribution channels, check rate parity, and resolve discrepancies
Monitoring
- Analyze action results and measure return on investment
- Benchmark competitor online distribution practices (promotional offers, campaigns, memberships, terms & conditions) and share recommendations with the revenue management team
Partnerships
- Meetings with OTA account managers and other partners
