Contact Number: +91-7972195929,+91-9839974805
Email id. :rms(at)tihcc.com
GSTNo. :07AAMFT7849N1Z5

Hotel Revenue Management

Pricing,Positioning,Performance,Product Palcement and Parity

HOTEL REVENUE MANAGEMENT

TIHCC provide outsourced strategic hotel revenue service, skilled revenue management team focused on market conditions, competitive pricing, OTA & distribution, RevPAR performance, developing yield strategies, reporting and analytical support.

PRICING

Revenue management means not selling a room today at a low price to sell it tomorrow at a higher price. It also means selling a room at low price today if you do not expect higher demand. Your property is probably losing an average of 60% potential online revenue if it is practicing flat pricing. Properties should be priced as per the anticipated demand and competition.

PICKUP

Booking materialization is subject to overall demand conditions. Daily pick-up monitoring for each day in the future is necessary including special events. Analyse the historical data to understand the impact of applied strategies and tactics to control pickup and booking pace.

POSITIONING AND PARITY

We maintain highest rate parity all the time across the right distribution channels; yet be open to tacticas and promotions subject to demand dynamics.

BENEFITS OF REVENUE MANAGEMENT

Dynamic pricing

Low cost of ownership

Powerful analytics and insights

Improve RevPAR by yielding tacticals

Optimal product placement and promotions

Revenue intelligence reports and insights

Best practices in room revenue yielding techniques

Cloud based, easy to use, leading functionality and control

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