Buckhiester hotel revenue management
strategies to move the bottom line

Hotel revenue management toolkit - leveraging room inventoryREVolution® toolkit

Module 1: REVolution® Product Definition – “Leveraging Your Room Inventory”

This workshop is designed to help hotels clearly identify customer needs and then translate this valuable information into actions that truly differentiate the hotel from its competitors and ultimately optimize revenue. Participants are taught value mapping which identifies the “sweet spot” where high guest value intersects with low cost and large return on investment.

REVolution yield management training - product definition

Module 1 includes the following hotel revenue management components:

Half day interactive workshop

4 Decision Support Tools:

  1. Market Analysis/User Needs Worksheet
  2. Mix Segmentation Worksheet
  3. Inventory Stratification Analysis
  4. Product Utilization Worksheet

4 Standard Operating Procedures

1 two-hour web-based coaching session

 

See also:

Module 1: Product Definition
Module 2: Competitive Benchmarking
Module 3: Strategic Pricing
Module 4: Demand Forecasting
Module 5: Business Mix Manipulation
Module 6: Distribution Management