By admin No comments yet case study, Hotel Forecasting, hotel revenue, Hotel Revenue Management, hotelier, Revenue Management
Another case study involves a property whose previous revenue management team lacked an eye for detail. Upon taking over the property we quickly ran a negotiated account audit as 2020 was nearing, and we wanted to catch any agreements that were going to lapse with the coming of the new year. After performing an audit we discovered that there were
By admin No comments yet case study, Hotel Forecasting, hotel revenue, Hotel Revenue Management, hotelier, Revenue Management
For this case study, we had the pleasure of working with a property that had a great mix of companies, but were coding them in a confusing and inefficient way. Before RevGEN, this Hilton property would build out an entirely new SRP (special rate plan) for every single new corporate agreement they made, rather than building out 10-20 versatile SRP’s
By admin No comments yet case study, Hotel Forecasting, hotel revenue, Hotel Revenue Management, hotelier, Revenue Management
At this property, we used Spider’s Rate Plan and Company Analysis module to renegotiate 3 different accounts. By utilizing the “% of Room Nights on >= 95% occ” column, we identified that company A, company b, and company c contributed more than 50% of their room nights on nights when the hotel was already at or above 95% occupancy. This