8 Revenue Manager phrases that mean "I am winging it and have no idea"

We’ve all been there—stuck in a meeting where someone says something that makes you think, “Do they actually know what they’re talking about?”

8 Revenue Manager phrases that mean "I am winging it and have no idea"

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We’ve all been there—stuck in a meeting where someone says something that makes you think, Do they actually know what they’re talking about?

Here are 8 classic phrases from revenue managers who are definitely winging it.

1. We’re optimizing our mix across all channels.

Translation: I threw some guesses out there and hoped for the best. Please don’t ask for specifics.

2. The data suggests we should hold rates steady.

Translation: I looked at the numbers, but there’s no way I can explain why it matters. Holding steady just sounded safe.

3. Our forecast accuracy is a high priority for us.

Translation: I’m aware last quarter's forecast was a disaster, but hey, I’m trying to get better at guessing.

4. We're leveraging seasonality insights to refine our approach.

Translation: I’m using a fancy word to make it sound like I know something about the seasons – which, by the way, I really don’t.

5. We're seeing some interesting shifts in booking trends.

Translation: People are booking...or they’re not? Honestly, I just need more time to figure this one out.

6. Our yield management strategy is robust.

Translation: I heard ‘yield management’ in a webinar, and it sounded smart. I’m actually not sure how robust it is or what that really means here.

7. We’ll check the data again for outliers.

Translation: I don’t have the faintest idea about these trends, but data sounds like a safe word to throw out in a meeting.

8. The competition is doing as normal, but we’re monitoring closely.

Translation: I haven’t looked at the comp set in weeks. I’m just hoping they don’t notice I’m guessing at this.

Conclusion AKA Let's be honest:

we’ve all said a few of these in a pinch. So next time you’re in a meeting, just remember: you’re not alone in the lingo – we’ve all been there!

Love,

Fabian

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Sales & Marketing

Fabian Bartnick is a hospitality commercial strategist, entrepreneur and technology leader with experience spanning revenue management, sales, marketing, data and business intelligence. He is the Co-Founder and Chief Product Officer of PerfectCheck and has built and exited hospitality technology ventures, while working across property, regional, corporate, consulting and technology roles in four continents and more than 25 countries.

Industry First Restaurant and Bar Revenue and Profit Optimisation Platform. We believe we can leverage data analytics and principles of revenue management to deliver greater profits for restauranteurs. We forecast demand, optimise menu pricing, guide server performance, optimise table and seat utilisation and showcase opportunities to upsell and cross-sell.

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