FIND ON SITE

63 items found for ""

Glossary (31)

  • HOTEL R.M. Distribution | RevInsight

    INTERNAL & EXTERNAL AUDITS ​ Prepare for improvement & change. Change is the only constant. ​ ​ Schedule a Meeting with us ! Dive into your business, identify the opportunities. AUDIT, REVISION, & REPEAT YOUR TEMPORARY R.M. SOLUTION ​ ​ We fill in temporarily and keep predefined tasks operational. i.e. Pricing, distribution, inventory control, and more. ​ ​We ensure there is no disruption of sales during a minimum period of 3 months. Interim Revenue Management INTERIM REVENUE MANAGEMENT by REVINSIGHT YOUR TEMPORARY R.M. SOLUTION ​ We fill in temporarily and keep predefined tasks operational. i.e. Pricing, distribution, inventory control, and more. ​ ​We ensure there is no disruption of sales during a minimum period of 3 months. WE REPORT PERIODICAL AUDITS ​ ​ * Your strategy * Pricing & Distribution * GOP + P&L * B ench-marking * Financial statements * Quality and performance. Internal Audits INTERNAL AUDITS by REVINSIGHT WE REPORT PERIODICAL AUDITS ​ * Your strategy * Pricing & Distribution * GOP + P&L * Bench-marking * Financial statements * Quality and performance. BRAND WEBSITE FOCUS ​ Basics of visibility and marketing content above all. Emphasize on your web content, offers, competitiveness, and strive to improve your direct sales with support of RevInsight's focus on the most influential areas of e-commerce behavior and best practices. ​ ​ DISTRIBUTION AUDIT ​ Channel Managers are essential platforms to maintain your property's Inventory and Price distribution as well as maintain its strategy. We are familiar with most common systems and understand the importance of proper configuration, which will ultimately have a significant return if done correctly. If this step is underestimated, your world as you know it will be nightmare striving to constantly solve technical issues most do not understand. This is why most Companies hire Revenue Managers. Leave it with us, we know what to expect, we know what is to be done. We focus on connectivity, configurations, beneficial cost effective contracts, and optimal setups to ensure a well thought through distribution logic, considering contracting with Channel Managers, PMS Configurations, Complex Pricing & Structures, ​ ​ SEO & PPC CAMPAIGNS ​ Most organisations take their visibility on Search Engines very seriously. The aim is usually to improve brand awareness or avoiding additional costs such as commissions. An optimized property positioning could earn a saving of up to 25% per reservation which is linked to a direct booking, instead of channeled commissionable third party. With minor targeted investments and support of RevInsight's online tactics, SEO and PPC campaigns do reflect immediate return, and are above all SMART! -Specific, Measurable w/Measurement, Achievable, Relevant and Time-Oriented. ​ PRICING AUDIT & SEASONAL OFFERS DEPLOYMENT We create and manage promotions and participate in campaigns to ensure your seasonal offer gains its worthy visibility and booking conversion. We focus on the development of Brand offers, Travel Agent offers, Meta Search visibility, and rotating offers visible on search engines such as Google.com primarily. For additional effective exposure, RevInsight is supported by partners with an extensive databases of over 500.000 potential guests, locally, regionally and globally, depending on your targets and needs. Marketing by RevInsight has no limit! ​ ​ CONTRACTING PARTNERS WITH COMPLIMENTARY BENEFITS ​ Every Online and offline Travel Agency partner has its marketing power to push sales through its own preferred channel. Despite the evolving customer behavior over time, with over a decade of experience of e-commerce and marketing, RevInsight extensively benefits of their contracted partnerships, making the most of their visibility and sales force. ​ ​ INTERIM REVENUE MANAGEMENT ​ In order to profoundly deep-dive in potential opportunities and understand the challenges, it is necessary for RevInsight to be present and onboard on a temporary basis until audits and scope of the mission and expectations are successfully completed. ​ Schedule a Meeting with us ! MORE SERVICES Outsource any of the below particular Services individually , or visit and discover our Packaged property revenue management modules. Often not all services at once, are most impacting! Always start with the Basics! We recommend therefore gradual stages of combined services to complete a planned out "journey" to thoroughly cover all areas which need our mutual focus. ​ SERVICES Depending on your needs, we provide solutions to support various areas of your business. ​ These essential responsibilities have the most impact to your properties' performnace in various KPI's. Expand your presence in this digital world, ensure your distribution is flawless! Know your business, online reputation and positioning, and most importantly understand your performance with statistical insights we provide you. Pricing ​ Inventory Optimisation ​ Reporting ​ Distribution & Connectivity ​ Yielding & Segmentation ​ Group Quotations ​ Forecasting ​ Contracting Partners ​ Account Maintenance ​ Parity audits ​ OTA Distribution troubleshooting ​ Budgets (Room/Total) ​ Analytics and Big Data ​ Performance benchmarking ​ Social Media & Marketing ​ * Active Campaigns PPC, SEO ​ ​ + Internal Audits ​ + Interim RM ​ + E-Commerce ​ + The Acedemy Often not all services at once, are most impacting! Always start with the Basics! We recommend therefore gradual stages of combined services to complete a planned out "journey" to thoroughly cover all areas which need our mutual focus. ​ Select Module Basic Module Intermediate Module Advanced Module Interim R.M. Audits E-Commerce Other Info Submit Thank you! You will be contacted soon. REQUEST INFORMATION Discover more about the seminars offered at our Revenue Academy . Curriculum covers numerous subjects : Principles of hotel revenue management, forecasting, budgets, pricing, inventory optimization, social media & marketing, analytics & big data, yielding & segmentation, and many more! Visit The Academy. Meet with us!

  • HOTEL REVENUE MANAGEMENT | RevInsight

    THE HOTEL R.M. ​ RevInsight also offers individual services, or continue below to discover solutions for full-on property revenue management. ​ ​ Discover our essential selection of combined services designed in various stages. BASICS Depending on your needs, we provide solutions to support various areas of your business. ​ Keep it real and simple, basic and most revenue impacting tasks reflect the most immediate return. These are the core services which in short term are most beneficial. These key necessary fundamental responsibilities are the foundations for any structure. Begin with the Basics! Pricing ​ Inventory Optimisation ​ Reporting ​ ​ Distribution & Connectivity ​ Yielding & Segmentation ​ Group Quotations ​ Forecasting ​ Contracting Partners ​ Account Maintenance ​ ​ Parity audits ​ Analytics and Big Data ​ OTA Distribution troubleshooting Budgets (Room/Total) ​ Performance benchmarking ​ Social Media & Marketing ​ * Active Campaigns PPC, SEO ​ ​ THE MANAGEMENT CONTRACTS INTRODUCTION - BASICS Keep it real and simple, basic and most revenue impacting tasks are a ... Read More 1 hr Contact us! Contact us! Schedule Online INTRODUCTION - INTERMEDIATE We make decisions for you, capitalising on opportunities based on our ... Read More 1 hr Contact us! Contact us! Schedule Online INTRODUCTION ADVANCED ALL-IN Dedicated from A-Z, a full implemented Revenue Management outsourced s... Read More 1 hr Contact us! Contact us! Schedule Online Often not all services at once, are most impacting! Always start with the Basics! We recommend therefore gradual stages of combined services to complete a planned out "journey" to thoroughly cover all areas which need our mutual focus. ​ REQUEST INFORMATION Contact Us ​ RevInsight Support Team will contact you within 24hrs. Follow us ! #RevenueManagement #RevInsight Discover more about the seminars offered at our Revenue Academy . Curriculum covers numerous subjects : Principles of hotel revenue management, forecasting, budgets, pricing, inventory optimization, social media & marketing, analytics & big data, yielding & segmentation, and many more! Visit The Academy. Meet with us!

  • Hotelier Shop | by RevInsight

    JUST FOR FUN | THE SHOP Follow us ! #RevenueManagement #RevInsight ​

View All

Services (14)

  • 100 % REVENUE MANAGEMENT | ACADEMY 2022

    A full module on the Principles of Revenue Management addrssing the core subjects including Pricing, Markets, Analytics, Demand, Fencing, Strategies, Forecasting and Budgets.

  • DISTRIBUTION & CONNECTIVITY | ACADEMY

    Our Weekly Siminars are suitable for hotel professionals who are eager to develop skills in the field of hotel revenue management. DISTRIBUTION & CONNECTIVITY : This seminar is one of our essential learning experiences, covering hotel revenue management and advanced Connectivity and Optimized Distribution. In this course you will develop your technical knowledge of configurations, ideal and optimal setups to ensure a well thought through distribution logic, considering contracting with Channel Managers, PMS Configurations, Complex Pricing & Structures, and much more..

  • INTRODUCTION - INTERMEDIATE

    Includes 11 essential RM responsibilities : + Pricing + Distribution & Connectivity + Inventory Optimisation + Reporting + Yielding & Segmentation + Group Quoations + Forecasting + Contracting Partners + Account Maintenance Book yourself a meeting to have us visit you/us to introduce the INTERMEDIATE module of our consulting program.

View All

Blog Posts (18)

  • IHG Downplays Stalled Growth Amid Pandemic Recovery

    Article by SKIFT October 22, 2021 IHG isn’t expanding at the rate of some of its competitors. The company’s review process of poorly performing Holiday Inn and Crowne Plaza properties can’t end soon enough. IHG Hotels & Resorts reported Friday its third straight quarter of essentially no net expansion to its global portfolio. But one company leader emphasized growth is just around the corner. The company behind brands like InterContinental and Holiday Inn is still opening rooms — nearly 30,000 so far this year — but enough hotels are exiting the IHG network where the company hasn’t seen any annual net growth in recent quarters. New room signings in IHG’s Americas region are roughly half of 2019 levels. Leaders at IHG, which is undertaking a review process of roughly 200 underperforming Holiday Inn and Crowne Plaza hotels, maintain the company can return to the strong growth momentum seen before the pandemic. “Remember that there is quite a long lead time for a deal to go from when an owner starts to get interested in doing a signing with us to actually getting ink on a page and a legal contract in place,” Paul Edgecliffe-Johnson, IHG’s chief financial officer, said Friday on an investor call. “For quite an extended period of time, our owners have been focused on stabilizing their businesses, looking after their teams, etc. And it’ll take a while before that sort of normalizes. What we have seen, though, is very encouraging.” There has been an increase in inquiries about franchise deals, he added. Potential owners have letters of intent for hotels and available property lined up, and a crucial part of the development equation — willing lenders at regional banks — is once again showing signs of life. Edgecliffe-Johnson indicated the company should be back to the growth it saw in 2018, which was the strongest level of rooms expansion seen in a decade, as early as next year. “The regional banks have been calling our owners more to say, ‘We are open for business. We want to lend on your project,’” Edgecliffe-Johnson said. “Again, that’s a good early indicator as to the [pace of] signing doubling in due course.” While IHG has seen flat growth this year, some of its competitors are managing to expand during the pandemic. Hilton reported a 7 percent net rooms growth in the second quarter compared to IHG’s negligible net expansion. Marriott International, which similar to IHG saw a chunk of its rooms removed from its system due to a failed deal with a Boston-based real estate trust, estimated on its second quarter report the year would end with as much as 3.5 percent rooms growth. A Year to Rebuild Part of IHG’s flat rooms growth is attributed to the company’s ongoing review of roughly 200 Holiday Inn and Crowne Plaza hotels with poor customer service ratings. More than 90 of those hotels have either already been removed from the IHG network or are in the process of leaving. Owners of more than 40 of the hotels committed to a property improvement plan. Read the full article here

  • PwC UK Hotels Forecast 2021-2022

    Article by PwC UK October 22, 2021 Encouraging signs for hoteliers After the most volatile trading period since benchmarking began, the PwC Hotels Forecast 2021-2022 reveals the green shoots of recovery as demand returns. Though performance is not expected to return to pre-pandemic levels by Q4 2022, there are finally encouraging signs for hoteliers. By the end of 2022, the forecast is that revenue per available room (RevPAR) in London will return to between 43% and 86% of pre-pandemic levels. In the regions, this figure is higher with the forecast between 64% and 100% of pre-pandemic levels. I believe with the right planning and strategy, hotels across the UK can look forward to significantly better trading over the next 12 months. - Sam Ward, UK Hotels Leader This year, to help account for the unpredictable path of the pandemic, we have modelled three scenarios: slow, moderate and strong rebounds. You can explore each of these in the full report. Hotels Forecast 2021 - 2022 - An Emerging Recovery Find out more about the UK Hotels Forecast, what this means and opportunities for hoteliers into 2022. By the end of 2022, the forecast is that revenue per available room (RevPAR) in London will return to between 43% and 86% of pre-pandemic levels. In the regions, this figure is higher with the forecast between 64% and 100% of pre-pandemic levels. Read the full article here Download 2022 UK Forecast :

  • Europe Travel & Tourism sector lags global recovery

    Article by WTTC Press Office October 22, 2021 European Travel & Tourism sector’s contribution to GDP to grow by less than a quarter this year. Sector employment remains stagnant in 2021, however, with the right measures, the number of those employed in the sector next year could surpass pre-pandemic levels. With millions more European citizens fully vaccinated, international spending is expected to rebound by nearly 80%% in 2022. London, UK - Latest research from the World Travel & Tourism Council (WTTC) shows Europe’s Travel & Tourism sector’s year on year recovery may only achieve a growth of 23.9% this year. The data from WTTC says this slow recovery is due to travel restrictions throughout the year, particularly in the first half, which continued to hinder the sector’s recovery. Before the pandemic struck, Europe’s Travel & Tourism sector’s contribution to GDP represented €1.92 trillion (9.5% of the total economy). However, according to the research, and based on the current rate of recovery, the sector’s contribution to GDP could see an increase of less than a quarter (23.9%) in 2021, falling behind the expected growth of the global sector of 30.7%. The data also reveals that in 2022 Travel & Tourism’s contribution to the European economy could see a further year on year rise of 38%, representing an increase of €439 billion. Although far from pre-pandemic levels, the growth of the sector has seen a slight rise due to the successful vaccination rollout, and intra-European mobility, supported by the EU Digital COVID Certificate, which was launched in early July this year. But with borders closed internationally Europe has struggled to recover. The global tourism body says whilst the surge in domestic travel has provided some relief, it is not enough to achieve the full recovery the region needs in order to salvage Europe’s economy and millions of jobs. The research goes on to show that while domestic spending is set to rise 30.2% year on year in 2021, international spending is expected to see a smaller increase of just 19.3% this year, reaching €242 billion, well below pre-pandemic levels, of €560 billion in 2019. Next year, domestic spending is set to rise 27.7%. However, with relaxed restrictions in many European countries and with millions more European citizens fully vaccinated, international spending is expected to rebound 77.2% year on year. In 2019, the European Travel & Tourism sector supported more than 38 million jobs. After suffering a loss of 3.6 million jobs last year when the pandemic brought international travel to an almost complete standstill, employment growth is set to remain stagnant this year. However, WTTC’s research reveals an expected 15.7% rise in jobs in 2022, increasing by 5.5 million jobs to reach pre-pandemic levels. Julia Simpson, WTTC President & CEO said: “Our research shows that while the European Travel & Tourism sector is slowly beginning to recover, there is still a long way to go." “With many European countries’ borders now open to international travel for fully vaccinated travellers, the region’s economic recovery will be accelerated next year. This could restore millions of jobs and livelihoods which rely on a thriving Travel & Tourism sector." “We need governments to replace the patchwork of restrictions with a set of harmonised rules for travel.” According to the research conducted by Oxford Economics on behalf of WTTC, the sector’s contribution to the region’s GDP and the rise in jobs could be more positive this year and next, if five vital measures are met by governments worldwide. These measures include allowing fully vaccinated travellers to move freely, irrespective of their origin or eventual destination. Secondly, the implementation of digital solutions which enable all travellers to easily prove their COVID status (such as the EU’s Digital COVID Certificate), in turn speeding up the process at borders around the world. Thirdly, for safe international travel to fully restart, governments must recognise for all vaccines authorised by WHO and fourthly, continued support of the COVAX/UNICEF initiative to ensure equitable distribution of vaccines around the world. Finally, the continued implementation of enhanced health and safety protocols, which will underpin customer confidence. If these five vital measures are followed before the end of 2021, research shows the impact on the economy and jobs across Europe could be considerable. Travel & Tourism’s contribution to GDP could rise by 28.8% (nearly €270 billion) by the end of this year, followed by a year on year increase of a further 40.3% (over €480 billion) in 2022. Read the full article here

View All