Hotel Remote Revenue Management

As the global leading hotel remote revenue management consulting company, we have developed in-house best practices in hotel yield and distribution strategies for any type of hotel or lodging properties. We have a long history of growth results with our innovative and proven methodology. We look beyond only top line revenue, and incorporate cost of distribution into our strategy mix, monitoring both the RevPar and GopPar results of your hotel. Our Yield outsourcing specialists will focus to also optimize the GOP (gross operating profit).

Why Siivo Remote Revenue Management?

The Siivo team of revenue management consultants has a strong business development DNA, and aims to challenge the status quo. Our drive is to turn your hotel into a local market leader with our proven methodology. We have an extensive international experience in both the hospitality travel & tourism industry, and leave no stone unturned to increase your top line revenue and bottom line profit.

Siivo’s revenue management and yield experts will be incorporated in your hotel management structure and operate as a part of your team. And we will take on the responsibilities and duties of revenue management and business development. Working beside your executive management, we will be implementing best practices, proven techniques and the latest travel distribution developments.

Whether you represent a hotel, tour operator or one of the many other companies within the tourism sector, the interactions you have with leisure, business or millennium travellers must reinforce the message of excellence in performance, standards and quality. Get a free quote now or start chat on Whatsapp!

The core components of Revenue Management services are

Product mix diversification

Market segmentation

Positioning strategies

Competitor study

Price benchmarking

Price structure implementation

Rate yielding strategies

Forecasting and budgeting

Demand management

Distribution strategies online

Marketing coordination

Direct sales stimulation

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To learn more about our social media advertising services click here.

Why is Revenue Management important?

Cost savings

Benefit from years of knowledge and experience from a yield specialist without paying for it!

Increased efficiency

Our Team of experienced yield specialists have developed systems to improve efficiency and reduce stress.

Access to skilled knowledge and expertise

Revenue Management is not just about changing rates; it's about monitoring KPI’s & implementing strategies to maximize your ROI.

Reduced overhead

Accountants and lawyers are often outsourced, why not reduce your overheads by outsourcing your revenue management and let a specialist drive your growth.

Focus on your core objectives

Revenue Management is very time consuming and is a very specialist area. Outsource this function and focus on your strengths.

Competitive Advantage

Get ahead of your competition by implementing professional yield management and increasing your profitability.

Increased Revenue

Using a statistical approach to revenue decision making, our yield specialists can drive revenue and profits to your business.

Did you know, a huge 68% of users will often go straight to a business’s social media profile to read reviews. Whether your business sells a product or offers a service, customers online want to see real people talking about your brand. They want to see what you have to offer and if it’s worth their time and money.

If your business isn’t set up on social media and you feel your business could benefit from a strong social media strategy, get in touch with us for a chat

Remote Revenue Management Includes

  • GOLD
Price positioning for public rates
Pricing tactics: seasonal, high demand and special events
Room type differential pricing optimization
Promotion & package development
Corporate negotiated rate analysis and pricing
Update Reports: pickup, pace, pricing recommendations/implementations
Meetings for revenue strategy
Rate and inventory optimization in collaboration with property team
Essential system functionality support
SOP adherence for property PMS, CRS, and RMS
Rate plan management: includes all transient segmentsUp to 56-1010+
Yield strategies and restrictions implementations
Overselling strategy at room level
Restrictions at rate and room type level
Monthly meetings with third-party account managers
OTA channel optimization – content & marketing
Multi-channel rate parity managementWeekly2 X per WeekDaily
Weekly: 10-14 day operational forecast
Monthly: 90-day rolling rooms revenue forecast by segment
STR analysis
Benchmarking data analysis
Third-party related vendor results and future strategyMonthlyWeekly
Competitive set review and audit of product & pricing
Monthly recap of relevant initiatives
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If you’re worried about how much revenue you’re leaving on the table with centralized revenue management,

  Get a free quote now or start chat on Whatsapp!