Hotel Revenue Management
As the global leading hotel 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 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!
Advantages of Revenue Management
Increase in Revenue
Increase in the booking average price
Improved Occupancy
Boost in demand in low season
Decrease in distribution costs
Stimulation of cross-selling
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Revenue Management Services
Pricing strategy
The plan you need to lay out your rooms optimally
Boosting direct selling
Strategies to maximize sales through your website
OTA Account Management
Leave all your online agency management in our hands and don't worry about anything.
Online reputation
Because the hotel sector is one of the most sensitive to customer opinions and comments.
Business Intelligence
Improve decision making by using the best Business Intelligence tool for hotels
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
REVENUE MANAGEMENT ANALYSIS
Pricing strategy
You’d be surprised how many figures, data and reports our Revenue Management team takes into account when establishing pricing and distribution strategies for hotels.
Historical and current data, occupancy referents, ADR, pick ups, competitive set, distribution costs, advance bookings… In openROOM’s Revenue Management department all decisions are 100% analytical and professional.
WEBSITE
Direct sales
Think for a moment about the percentage of production that your hotel’s website generates. What would your ideal figure be? The objective of our Revenue Management team is that the website becomes your main sales tool.
And how do we do it? By helping you to eliminate disparities, creating the necessary promotions at all times, designing exclusive benefit packages for web customers…
ONLINE AGENCIES
OTA Account Management
At Siivo we are committed to direct sales. However, OTAs play – and will continue to play – a key role in hotel distribution.
We help you select the optimal platforms, reduce distribution costs, maximize visibility and, in short, professionalize your hotel’s presence on OTAs to sell more and better.
MONITORING & CONSULTANCY
Online Reputation
Did you know that 80% of travellers check at least 6 reviews online before booking a hotel? The reviews about your establishment are as important as the price or the distribution strategy.
The Siivo Revenue Management department will carry out a detailed analysis of the opinions, categorising them and proposing points for improvement that will go far beyond Revenue.
KEY TO SUCCESS
Business Intelligence
Can you imagine being able to consult real-time data on your hotel’s performance at any time? How are today’s sales compared to last year, what percentage has been sold this month through the web, how many cancellations have there been?
All of this is accessible from your PC and also from your mobile phone, in just a few clicks and in an easy and intuitive way. The key to being able to make the right decisions at all times..