​
Our Hotel Revenue Management Services include audience segmentation, RevPAR management, dynamic pricing, and other revenue management strategies. We do not limit ourselves to Online Travel Agents (OTAs) but go beyond with revenue management forecasting methods. Profits are bound to increase manifold with our Hotel Revenue Management strategies in a controlled-expense environment of Hotel Asset Management. The combination of Hotel Asset Management is complemented by Total Hotel Revenue Management to ensure efficient revenue management in Hotel industry.
​
Services under ProMiller Hotel Revenue Management:
-
Rate & Inventory Management
-
360-degree Revenue Management
-
Online Reputation Management​
​
Products under ProMiller Hotel Revenue Management:
-
Rate Intelligence
-
Reputation Intelligence
-
Central Reservation System
-
Channel Manager
-
Customer Relationship Management
​​
In today's volatile market dynamics where supply and demand ratios are far from constant, Hotels can not rely on static revenue management strategies to drive profit. Price settings need to be dynamically changed periodically, to be ready with the changing dynamics. Hotel Revenue Management Solutions where a constant room tariff or room rate used to suffice for a month do not work anymore.
Today, Revenue Management in Hotels needs an expert to stay updated according to market trends and alter room rates. Although, Online Travel Agents (OTAs) were introduced as a solution to this probably since they offered dynamic pricing. But today, they have become part of the problem due to competitive pricing and discounts. Depending on OTAs completely can prove to be dangerous for a Hotel since they damage the Market reputation and sometimes result in concepts like 'Rate dilution' and Rate disparity'. These setbacks are often too big to recover from and they push the Hotel into a dry phase. Our hospitality revenue management services ensure that the asset remains aware of these pitfalls - unlike other Hotel Revenue Management Companies in India. Know more about the service by calling our experts now (call now) or by clicking below.
