Revenue Management

Revenue Management is the art and science of predicting real-time customer demand and optimising the price and availability of products according to the demand.

P.R. Hospitality Corporation helps Hotels make strategic marketing decisions, optimize their revenue, grow profitability and achieve sustained financial success through innovative revenue management. Our core concept is to enable the properties to provide the right service to the right customer at the right time for the right price.

Our Revenue Management Services have been designed around the principle strategic levellers of yield management namely; calendar, capacity, customer and cost. Our practices and principles work along side your Property Management System (PMS) to provide stand-alone or group wide decision-aiding tools such as:

  • Detailed historical analysis by Market Segment, Rate Code and Yield Class.
  • Forecasts of future demand and its value to your business.
  • Detailed materialization forecasts enabling informed decision-making.
  • “New Business” profitability evaluations that optimize revenue by providing minimum selling price, maximum and minimum # of rooms and alternative arrival dates by rate.
  • Rate control recommendations with close outs and minimum length of stay.
  • The ability to take right price, for the right customer at the right time.

P.R. Hospitality Corporation utilizes innovative methods to maximize your revenues by focusing on your property’s competitive set, rate structure and reservation resources. We will conduct an initial competitive hotel analysis to position your property at the respective competitive price point. Our team of Revenue Management consultants will implement and direct the “Best Available Rate” strategy while monitoring and evaluating your Central Reservation System and Global Distribution Systems.

WHEN AN INCREASE IN GROSS SALES OF JUST 2% CAN INCREASE PROFITS BY UP TO 25%....The time to act is NOW!