WHY REVENUE MANAGEMENT FOR HIRE?
In today’s ever-changing distribution environment, revenue management has gone from nice-to-have to must-have for the majority of hotels and resorts. But finding an experienced, reliable revenue manager can be a costly and time-consuming task. Our unique service pairs your hotel with a dedicated industry expert who will help you create and maintain a winning revenue strategy.
Our Revenue Management team has worked with almost every major brand, as well as independent hotels and resorts, and can provide strategy support for long range forecasting, and budgeting, through renovations, re-brandings, and grand openings, no matter the economic climate.
When you work with SHR, we will match you with one of our Area Directors of Revenue Management who will actively support your hotel’s revenue strategy.
Typically this includes:
- Analyzing market performance and drawing conclusions to implement logical strategies
- Dedicated weekly revenue strategy call with hotel team
- Review and analysis of pricing strategy and results
- Review and analysis of distribution strategy and results
- Managing relationships with OTA market managers
- Monitoring online reputation comments and scores
- Reading and evaluating discipline-related brand communications, if applicable
- Group displacement analysis
- Forecast, budget, and long term strategy oversight
- A formal monthly scorecard to highlight performance
By working with your hotel’s existing systems and compiling only the most relevant data, we can create adaptable reporting that is tailored to your needs, providing a clearer picture of your unique revenue strategy.
Our proprietary Monthly Scorecard is a quick snapshot of your hotel’s performance. We will also work with your hotel to create customized reports based on your needs and requirements.
CERTIFIED REVENUE EXPERTS
Our team boasts a meaningful list of certifications, including HSMAI’s Certified Revenue Management Executive, Certified Hospitality Business Acumen, and Hotel Revenue Management Certified from eCornell, so you can be sure you are getting not only dedication but quality. We also know that the industry is always changing, so we make ongoing training a priority.
Case Study | Hotel Zamora
For the hotel’s second full year of operating independently, Bob said, they project a double-digit increase YOY for both Rooms and F&B. He said SHR, and Christie, will be a big part of that success by continuing to help them maintain rate integrity, keep occupancy near 100% index to drive guests into their outlets, and reduce third party commissions.Learn More
Optimize Revenue Management
When revenue management is under control, good things start to happen.Learn More
Whiteboard Session: Blended Rates
Learn the power of true availability in this video with VP of Product, Estella Hale.Watch the Video
Webinar: Harnessing the Power of OTAs
Go beyond the booking, and turn your online travel agencies into a hybrid tool for your hotel.Access the Recording
Ready to Find Your Best Distribution Strategy?
Contact our sales reps, and they’ll walk you through a personalized demo of solutions, tailored to help you grow your hotel business. Learn how to maximize your distribution channels and optimize your revenue management by taking full advantage of our decades of experience in the hospitality industry.Contact Sales
Not Convinced Yet?
Check out our library of hospitality industry resources, including recorded webinars, whiteboard sessions with hospitality experts, and videos of SHR clients sharing how they’ve overcome some of their toughest challenges.Learn More