Turnkey Revenue Management for Hotels
We offer turnkey Revenue Management solutions for hotels in exchange for a percentage of your Direct and OTA revenues. Our approach uses state-of-the-art Revenue Management and Demand Generation methods and decision-support marketing tools that are efficient, automated and adapted to your needs and reality to improve your Net Revenues and Profits. We help you take your business to the next level. We have learned and experimented with small, high-growth companies and allowed them to carve out their place in the market, and every day we continue to develop this expertise.
We help you increase your Net Revenue with our expertise in Dynamic Pricing and Demand Generation, allowing you to increase your Net Revenues by 22% on average while reducing your OTA dependency. We generate higher Net Revenue and profits through our specific expertise in the fields of hospitality and ecotourism. We constantly improve our methods by staying abreast of new tools and market trends.
As a turnkey Revenue Management solution, we offer you the following services:
1. Inventory Management and Control
We understand that inventory management and control are the backbone of a great revenue management strategy. In addition to our pricing services, we can help you reach new heights with our inventory management expertise. Our inventory management services will both strategically and tactically provide you with the ability to determine how much of each product will be sold and how much it will cost to sell it using different distribution channels.
2. Competitive Landscape Assessment
We understand that your business is part of a community to which you are committed. In such circumstances, the definition of a competitor takes on a whole new meaning, they are more like neighbors or even partners, and you share the same vision and development strategy for the environment, the community. We know that the development of your business and the ecotourism industry, in general, requires the commitment of all stakeholders and should not come at the expense of other members. However, we also recognize that you still need to stand out from your competitors to increase your revenues. Thus, we allow you to know the prices of your competitors and to adapt to market demand.
3. Revenue Forecasting
We are able to deep dive into your data and forecast future demand for your products. Our accurate forecasting techniques automatically improve your pricing and operations decision-making process, thus maximizing revenue and profits. We are happy to offer forecasting services to enhance your decision-making process.
4. Dynamic Pricing
Our dynamic pricing methods allow you to kill two birds with one stone: increase your revenue and decrease your costs. By adapting your pricing appropriately, you will be able to better distribute traffic over time and space, thus improving your revenue management and reducing your costs. Whether you require pricing strategies from scratch or just some adjustments to your current ones, we are here to help you.
5. Bundling & Packages
As a hospitality and/or ecotourism business, you can provide your potential customers with bundles and packages of products and services at a lower price than if sold individually. From our experiences, we mastered enabling you to sell products and services that would not have been sold if not offered as part of a bundle or package. We are ready to provide such services as part of a more effective revenue management strategy to create upsells.
Ready to see how we can increase your top of the line revenue for your property?
Contact us and we will schedule an introduction call.