Revenue Management
The Right Price at the Right Time
Revenue Management may be the second biggest “headache” for a hotel owner besides contract management.
What is Revenue Management?
To put it in simple words, revenue management is “selling the room to a customer, at the right time, at the right price, with the right profit for the hotel”.
Basically, this process is much more complicated than it sounds and requires specialised skills, sophisticated software, experience, insight and know-how.
The Hotel Raise Team can design and implement a customised revenue management strategy using automated procedures, know-how and market experience. The goal is but one: Selling each room at the maximum possible price while ensuring that your hotel remains competitive and fully booked.