Hotel Revenue Management for Hire+
A True Revenue Management Partner for Independent & Boutique Hotels.
More RevenueOur clients have recently experienced +25% in Total Revenue, +33% in ADR, and +32% in RevPAR compared to the same time period last year.
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We are not a SaaS company. We are a partner with simple pricing options.The benefits for outsourcing revenue management are vast, but what truly makes us shine and sets us apart from other third-party solutions, is our true hands-on daily interaction and client support.
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01Save Time & MoneySave Time
Spend more time running the day-to-day operation of your hotel. Save Money Avoid paying substantial payroll for an experienced revenue manager and avoid implementing costly revenue management systems. Industry Experience Our leadership team has over 30 years of industry experience. From executive operations and revenue management backgrounds, to OTA market management experience. Your property is carefully managed by a well-rounded revenue management team. Management Flexibility Maintain the flexibility to adjust your short or long-term vision without the hassle of any employment commitments. |
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Right Price, Every NightReal-Time Data Analysis Tools
We have partnered with the world's highest-rated revenue management software developer for boutique and independent hotels. Our experts have real-time access to automated market data, enabling us to analyze thousands of market prices daily. Automated Rate Updates Our revenue strategy may be integrated to a wide range of Property Management Systems (PMS) and Channel Managers. Click HERE for a complete list of systems we currently integrate with and those in progress. If you do not see your PMS or Channel Manager listed, do not worry, contact us to discuss other options. Access Transparency & Control Even though 99% of our clients place our revenue management system on autopilot, know that you always have transparent access to our price calculation and the opportunity to insert manual adjustments. |
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Performance ManagementPerformance Analysis
Custom KPIs for your property with logical strategies and adaptable reports. Weekly revenue strategy webinars or calls with key property team members. Our experts will work alongside your existing team to mentor, strategize and maximize revenue. Forecast & Budget Oversight Our executive team will review and ensure our revenue management strategy is inline with your operating budget and long-term vision. OTA Relationship Management We will engage and manage your online travel agent partnerships and leverage our resources. Guest Reputation Management We have joined forces with an elite guest experience and online review engine. Together we have developed an in-depth reputation management system and a centralized customer feedback and reviews dashboard. Renovation, Re-Branding, & Grand Opening Oversight Our executive team will review and ensure our revenue management strategy is inline with your renovation, re-branding, or grand opening vision. |
Summer 2020 was a tough season for the hospitality industry, to say the least. Smith Travel Research (STR) reported Average Daily Rate (ADR) down 25.9% and Revenue per Available Room (RevPAR) down 47.5% through mid-October.
The Avance Hotel experienced a complete shutdown in the middle of its prime season and reopened during a record-breaking high temperature summer season. |
ImplementationRevPAR Lobby's understood it was going to be a tough Summer season across all markets. Thus, our goal was to simply have a better summer than others within each market. To do so we implemented a growth plan rather than a recovery plan. For instance, we allocated efforts in marketing campaigns that would generate impressions across all channels, with the ultimate goal of expanding the hotel's market share.
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ResultsOverall, revenues were 25% greater compared to the same time period last year. Third party channel page views were 166% above fair market share, opaque/package bookings up 198% over fair market share, and promotional bookings 250% above fair market share. Avance Hotel also captured revenue share 155% greater than its fair market share.
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In 2010 the Movie Colony Hotel faced a number of challenges. First, the overall industry was trying to recover from the great economic recession. The Palm Springs market suffered from reduced market demand and noticeable decline in ADR. Secondly, the hotel was falling behind the market's recovery trend. They were experiencing decreasing gross revenue performance year-over-year, and stayed afloat by simply and manually following the static rate patterns set by their competitive set.
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ImplementationRevPAR Lobby’s specific boutique operation understanding and system adaptation, were their strongest arguments to selecting our Revenue Management Solutions. RevPAR Lobby quickly realigned and established new market segments, and implemented real-time rate analysis.
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ResultsOur top-line revenues increased by over 30%. Thus within a year of implementing RevPAR Lobby's Revenue Management System, the Movie Colony Hotel was able to invest and restore its famed glamour.
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The 4 Season at Desert Breezes Resort maintained high occupancy during peak seasons and remained virtually empty over the off season. They realized the solution to their occupancy dilemma was to implement a traditional hotel revenue management program. However, their inventory was not fit for a standard revenue management system because they operated as a fixed-fixed timeshare property. RevPAR Lobby Revenue Management team had a solution.
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ImplementationRevPAR Lobby implemented its pricing yield system maximizing their rental inventory over peak seasons. Strategic marketing campaigns were launched, capturing noticeable market share over their off season months.
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ResultsRental revenues were up 300%+ year-over-year. 4 Seasons at Desert Breezes quickly became an awarded Top Property for numerous online travel agencies' (OTA).
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We are eager to know your revenue needs.
Let's Talk |