In today's changing business environment, the ability to adapt and respond to market developments is important. The hospitality industry is not an exception. Benchmarking, hotel revenue and cost forecasts, pricing strategy and distribution management across all sales channels is a time-consuming process. By taking the lead of your revenue management, we will help you save time, identify opportunities to maximize your company's revenue, and offer a strategy for achieving your
financial goals.
Our Services
pricing
Pricing strategy (BAR, FIT, contract rates, package offers) for all guest segments and sales channels. Market and competitor analysis
inventory
Inventory control (by room categories, number of guests, duration of stay) and yield tactics across all sales channels
online channels
Website and online sales channels (content, price, marketing and sales activities) optimization
reports
Weekly and Monthly Sales and Revenue reports by guest segments and sales channels, analysis of revenue and finance key metrics. Revenue optimisation recommendations
forecasting and budgeting
Short-term and long-term revenue and cost forecasts, financial modelling. Control and analysis of the implementation of the budget, participation in its preparation
training
Revenue management training for Front Office, Reservation and Sales departments
Why choose REVHouse outsourcing
Financial benefit
Revenue management outsourcing will help you optimize the company's staff costs for training and hiring your employees. Especially suitable for small or medium-sized hotels and restaurants who want to attract specialists for specific tasks or regular part-time work.
EXPERIENCE AND EXPERTISE
REVHouse brings together hospitality professionals. Our competencies, acquired over several years, allow us not only to analyse data and identify opportunities, but also to offer effective tools for achieving revenue targets.
How our work will proceed
When starting the cooperation, we will meet you in person to get acquainted with hotel management team and accurately understand the company's vision, goals, as well as the range of existing and potential customers. We will audit all hotel systems and sales channels, get acquainted with the existing price structure and services, perform market and competitor analysis. According to the information obtained, we will offer you the most suitable form of cooperation and agree on KPIs for a fixed period of time.
Future work will mainly take place remotely. We will provide you with regular (weekly or monthly) reports, REVHouse conclusions and proposals. During the cooperation, we will meet in person at least once a month to discuss current results, future forecasts, and other strategically important issues. If necessary, we will organize trainings for the staff of the Front Office, Reservation and Sales department, as well as the hotel management team.
Confidentiality and loyalty
We take data security and confidentiality very seriously, so we will enter into a mutual data confidentiality agreement before starting the cooperation. In revenue management, we will not process guests' personal information, but will collect and analyse statistical and financial data (occupancy, price, number of people, number category, revenue, etc.), taking full responsibility for all information you provide us. However, to ensure objectivity and loyalty to our customers, we do not serve directly competing companies.