Hotel Revenue Management Services
Hotel Revenue Management Services
The number one mistake most Revenue Managers make with hotel revenue management is they don’t understand their submarket and how to capitalize on overflow. The only market they understand is their own, and they will build all their revenue management strategies around their market and competitive set. When they finally realize what’s going on in their submarket, your hotel is already oversold at a lower rate.
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At Hotel Guest Management, not only do we look at all markets to capitalize on demand spikes, but we also utilize Hotel Revenue Management Marketing to push rates beyond OTA’s, franchise platform and Google Hotel ads. With Hotel Revenue Management Marketing, your guests will see your rates on the most popular social media platforms to increase direct bookings and lower OTA commissions.