Revenue Assessments

A one-day comprehensive review of your hotel’s revenue management culture:

 
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Online Distribution Checks

We begin all our audits by doing a pre assessment before our assessment visit to the property. We are looking into the hotel’s booking process, systems used, parity checks and hotel overview. Findings might find how some channels might be gaining an unfair advantage to your own direct channels.

Onsite Assessment Visit

This is normally a one day visit to your property and will meet your key individuals involved in the whole reservations and revenue operation. The visit is a fact finding visit, and allows us to really understand your business, any challenges you might face and to really get to know your operation.

The visit will focus on:

  • Current revenue management culture, strategy and opportunities

  • The revenue team

  • Business practices

  • Competitive analysis

  • Pricing Strategies

  • System capabilities, efficiency and reliability

  • Capture of sales and marketing opportunities

  • Detailed assessment of your online and distribution presence including availability checks and potential sales opportunities

  • Channel optimisation

  • Past, present and future business analysis

Report Compilation

We aim to have a comprehensive report with you within a few days after our visit. The report will be thorough with a lot of detail but a summary of “quick wins”. These are opportunities that you might take advantage of with little or no investment. Some of the opportunities you might be able to handle yourselves, and some might be more complex and you might need our help as a separate project.


Assessment Follow Up & Quick Wins

Once you have had time to digest the report, we will arrange a follow-up meeting either face to face or remotely. During the meeting we will:

  • Have a high level run through of the report

  • Focus and discuss any of the quick wins

  • Identify individuals that can enable changes

  • Draw up a potential project plan with our involvement if required

Benefits

  • Your initial investment will very quickly pay for itself

  • Immediate improvements to your business performance

  • An unbiased and independent analysis of your business strategy

Cost

£1,500 + VAT