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Outsourced Revenue Management
Is your hotel experiencing specific difficulties with optimizing revenues, bottom line profits or gaining market share? Through our outsourced revenue management program you can hire RM experts that hit the ground running. Based on the needs of your organization, our experts can:
- Take over the daily and weekly reporting
- Manage the pricing & distribution strategy
- Set up a weekly commercial / revenue meetings
- Perform a month end analysis
- Benchmarking
- Create a monthly forecast
- Assist in the budgeting process
In addition, our experts can offer recommendations and implement changes based upon extensive internal & external research that includes a revenue performance analysis based on relevant KPI’s and comprehends RM principles such as pricing and product offerings, segmentation, distribution strategy and content, demand calendar, reputation management, systems, lead generation, forecasting, budgeting, creating / updating the hotels competitive set, competitor analysis, benchmarking, trends and changes in the marketplace, etc.