Revenue Management is a critical business function that can enhance your profitability and revenues without increasing any fixed or capital costs. This complex, multi faceted department needs seasoned talent to strategise, execute revenue based decisions as well as guide other revenue stakeholders to maximize revenue potential. This vast discipline includes yielding, analysis, on key accounts, rate strategy, inventory commitments, key negotiations, technology know how, business intelligence platforms, operational excellence and sales process adherence amongst other key functions. The industry is experiencing shortage of skills required and often results in dilution of the role.
Revenue Management is at the heart of our business. This offering includes the most holistic 65 pointer inhouse scorecard based revenue management that helps you install several best practices at once. If you are passionate about Revenue Management, this is the offering for your hotel. Current results have shown incremental value upwards of 7%
Our Revenue management experts read the market conditions to stretegise 365 days in advance. Rate strategies across all market segements are reviewed to prevent leakage. The result is RevPAR leadership followed by enhanced profitability.This next generation offering provides a 360 RM support with complete ownership of the process.