Revenue Management
The science of Revenue Management can be applied to all properties with bedrooms and function rooms. The principle that the majority of a hotel's profits come from room sales is rarely broken and so these principles can be applied to a greater or lesser degree, usually depending on the number of rooms a property has.
flexis can support in putting in place the tools to help you understand the rooms sales aspect of your business and take practical steps in optimising revenues. This can include :
Room sales reporting and analysis
Inventory management
Channel management
Competitor analysis and pricing comparisons
Creation of a rooms selling strategy
Implementation of Yield management systems
Revenue management training
Much of the work is handled by the flexis team, but in some cases, for example hotels with a larger bed stock or teams needing specific systems training, we pull in the support of revenue management specialists.
Contact us for more information about working with flexis.