The Revenue Management team analyzes market demand, historical trends, city-wide trends, and destination-specific trends to predict revenue potential and tap into all revenue opportunities. Erck Hotels provides comprehensive Revenue Management services and training that empower hotels to seize revenue opportunities and reach revenue goals. Our Revenue Management services include:
- Revenue Management strategy and implementation
- Budgeting and forecasting tools
- Development of pricing strategies
- Optimizing revenue streams
- Analysis of room statistics and demand factors
- Collaboration with brand management resources and e-commerce marketing
- Weekly Revenue Management meetings to direct pricing
- Competitive set pricing review
