Hotel Revenue Management - Best Practices

Post on 16-Jul-2015

171 views 7 download

Tags:

Transcript of Hotel Revenue Management - Best Practices

FRANK OKUNOwner, RevMax Pros

WE ALL ARE!!

GM’s, FOM’s, DOSM, Sales Managers, Front Desk, Night Audit, Accounting, Owners....

Who is responsible for

revenue management?

RMS Systems!

BEST PRACTICES

Learn from the Past

Content Management

Promotions

Qualified Discounts

Restrictions

Study your Comp Set

Maximize IBE Production

Success Story – Hotel Renew, Honolulu

Single Inventory Platform

PMS

CRS

OTA’S

PMS

CRS

OTA’S

PMS

CRS SITEMINDER

OTA’S

DIRECT CONNECT 2-WAY PMS CHANNEL MANAGER

CHANNELMANAGER

PMS

CRS

CCX OROTA SYNC

OTA’S

OTA’S

RMS Systems

7 Take-Aways