10 things to know about revenue management - Free Ebook
10 things to know about revenue management Hotel Revenue Management is an innovative economic discipline that involves the harmonious and integrated use of sales channels, distribution strategies and market-oriented dynamic pricing to obtain the highest profits possible from each hotel. This ebook from Franco Grasso Revenue Team is an introduction to revenue management for executives, general managers and hotel owners.
10 things to know about revenue management
Hotel Revenue Management is an innovative economic discipline that involves the harmonious and integrated use of sales channels, distribution strategies and market-oriented dynamic pricing to obtain the highest profits possible from each hotel.
This ebook from Franco Grasso Revenue Team is an introduction to revenue management for executives, general managers and hotel owners. Within the ebook “10 Things To Know About Revenue Management”, you’ll learn the principles of revenue management.
What Are The Topics?
Below you find an overview of all topics.
- Hotel revenue management
- Bottom rate
- Historical data
- Starting rate
- Forecasting
- Revenue management software
- OTAs
- Sales on static channels
- Purchasing patterns
- Brand reputation
About Franco Grasso
Franco Grasso is worldwide leader in the field of revenue management consulting & outsourcing. In more than 15 years, they have supported more than 2,500 hotels in more than 30 countries on 5 continents. The average growth in revenue per new hotel is 20%.
Combining the power of technology and AI automation with human expertise and daily consultation, the dedicated revenue manager plans and executes the optimal commercial strategy for a specific property.
Revolution Plus, their RMS, is included in the outsourcing service. The 24/7/365 service is on a "No Gain No Pay" basis, so it's risk-free. No fixed fees are required. Fees are based on a percentage of the achieved incremental revenue versus the best historical year, or versus budget, or any benchmark the hotel decides.
Revolution Plus is a sophisticated revenue management system designed specifically for the hospitality industry. This AI-driven platform enhances your hotel's sales and pricing strategies by analyzing extensive historical and real-time data from multiple sources, including current and past hotel performance metrics, market trends, and even weather conditions. Revolution Plus offers automated pricing recommendations and dynamic rate adjustments via autopilot, increasing room occupancy and profitability.