Revenue Management is “Selling the Right Room to the Right Guest at the Right Moment at the Right Price.” To maximize revenue, Revenue Management enhances your hotel rooms to sell and price to sell them at to help predict your guest demand. In addition, the use of analytics helps play an essential role in Revenue Management.
Hotel Sales
The Hotel Sales effort in hotels is undoubtedly a vital element of a hotel’s success. Markets continue to become more competitive, and it is increasingly essential to view hotel sales efforts on multiple levels. Maximum success requires sales integration in all segments at all market levels – local (your hotel), regional, national, and global sales.