Another service we offer for the hotel sector, Revenue Management is simply “selling the right room to the right person at the right price on the right day”. Sounds easy? If it were, we wouldn’t need to offer it!
With the transparency in pricing brought about by the internet, hotels have to make sure that their rates are appropriate to the market, competitor set, seasonality and so on.
Additionally, they need to maintain Rate Parity – making sure that rates are the same across a multitude of channels. It’s surprisingly difficult.
We help hotels develop and follow a Revenue Management strategy that is right for them, for their size, resources and abilities. So that they can maximise their revenue from every opportunity, with a clear strategy in mind that tells them what to do with their pricing in a given situation.