Revenue Management Resources    

Revenue Management Resources
 Revenue Management Tips and Recommendations

Meet our experienced Revenue Consultants. A wide range of talent and expertise all working for you.
There's an awful lot to know about hospitality Revenue Management. We've provided some tips to get you started.
Learn what our team can do for you. Quality services to independent owners, boutique hotels and corporate /chain hotels.

Choose the Right Distribution Channel

How do you choose which e-distribution channels are right for your hotel? Several factors need to be taken into consideration, from channel contribution potential, distribution spread and cost to how easy the channels are to manage, what types of marketing exposure they can provide and the sort of technology they use. Identify the right channels for you, manage your rates dynamically and don’t lose sight of rate parity across those channels. If you’re currently distributing rates manually to a number of different channels, a channel manager may be a suitable option for you, making your life easier and leaving that all important time available to make vital strategic decisions.

Know Your Core Customer

Ensure you assess who your core customers are. Are you targeting the right clientele? Could you attract higher spenders? Once you’ve identified your target market look at how they book their holidays – are they booking last minute or are they looking for early bird deals? Are they booking through travel agents or through their mobile? Don’t assume your customer’s habits are the same as they were two years ago and ensure you adapt your strategies to respond to the changes.

It’s all in the Relationships

One of the key factors these days in the world of revenue management is relationships.  Don’t try and do everything on your own. Invest time in building strong relationships with all of your distribution partners including online travel agents, consortia and corporate accounts.

Value is King

To drive hotel ADR, we need to remember one thing – Value is king. In a price sensitive market, value is the most important factor but this doesn’t mean you have to compromise on your prices. Look at offering value added packages, free nights offers and length of stay discounts.

Our Commitment

We treat our clients with courtesy and integrity. Our firm guarantees efficient, honest financial services that achieve remarkable results.

We're a well-established Revenue Management Consulting company providing hotel Revenue Management, Best practices, yield management strategies and recommendations.

Our services are tailored to the unique needs of each client, ensuring the best possible results and maximized returns. We give all our clients equal attention!

Our firm remains on the cutting edge of technology and trends. We stay well-informed and continually adapt to the ever-changing world of hospitality and ecommerce.

Our consistent record of uncompromising ethics instills confidence and trust. We use advanced technologies to ensure up-to-the-minute recommendations. This allows us to respond quickly and give you the most relevant information and perspectives.

  • Cost effective solutions for all of your hospitality needs
  • Revenue Management, Operations and Ecommerce specialists
  • Individual owners, boutique hotels and corporate hotels 
  • Hospitality business experts

There are other Revenue Management firms you could choose. But, our clients have chosen us time and time again for our rapid, high-quality services and our attention to individual needs.

 


Contact Us:
info@revenuemr.com
(855)874-9485
(310)683-0546