Our BHC company for hotel management, can help you optimize the revenue results of your hotel. With our Team of Revenue Managers, we uncover the hidden potential of hotels across the Balkans.
As one of the leading consulting companies with many years of experience, we have developed best practices in hotel Yield and in strategies for all types of hotels and facilities.
Our goal is to turn your facility into a leader in your market with the help of our already established techniques. That's why we present the program Hotel revenue management consulting.
Outsourcing of revenue management
Our team of hotel consulting experts integrates as part of your company's hotel management team. And we constantly interact with different departments and staff levels in your organization, just like an on-site revenue manager. The main difference is that BHC's remote revenue managers are based in our central offices and work within your hotel's team of revenue management and strategy experts.
Benefits of Outsourcing Revenue Management
- Involvement of a professional team
- Taking advantage of carefully developed techniques
- Bringing the best proven practice to your hotel
- Make more time to focus on guest services and management
operations
The basic components of revenue management services are:
- Product diversification
- Market research
- Positioning strategies
- Competitive research
- Benchmarking prices
- Implementation of the price structure
- Planning and budgeting
- Demand management
- OTA and direct channel distribution strategies
Who is the revenue management system intended for?
Although the original potential of dynamic revenue management was recognized by the airline industry, today it is applicable in almost every industry.
Industries that use revenue management systems extensively today are:
- Vehicle renting (rent a car in general)
- Railway and bus companies
- Theaters, cinemas
- Hotels, apartments, aparthotels,
It is now being applied in restaurants as well (it offers lower prices at a time when fewer visits are recognized)
Why hire a BHC team to manage this sector?
We become your partner in developing your hotel's pricing and positioning strategy.
We handle all the day-to-day revenue management tasks for you, including rate loading, forecasting, competitor price benchmarking and group bid calculations.
We also provide advice and recommendations on your online marketing strategy and will help you streamline your booking operations. We go beyond the basics of revenue management you're used to and introduce a business development strategy to your hotel.
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