We help our clients draw up a budget and we adjust the forecast for accommodation sales revenue to match the individual market segments. Growth in sales of the hotel through boosting demand and its use at the destination where the hotel is located. We will make sure that the hotel is moved to new and potential distribution channels, resulting in enhanced demand for your services. We optimize direct sales via your hotel´s website or booking department.
- Desk and individual contract rate pricing
Based on the performed analyses, we will prepare proposals for general pricing as well as individual pricing for groups, etc. Our proposal reflects the economic and competitive side following thorough examination of these environments.
- Competition assessment
Based on the performed analyses, we will prepare proposals for general pricing as well as individual pricing for groups, etc. Our proposal reflects the economic and competitive side following thorough examination of these environments.
- Price and distribution benchmarking
We compare the price and business strategies of the competitors. In addition to the competitors´ desk prices, the submitted study will determine for you their strategy for agreed contract prices for the client´s individual segments. We develop studies in quarterly and annual overviews, or according to the client segment and length of stay in the hotel. We present the client with a comprehensive overview of the hotel’s valuation and price network review.
- Demand calendar
We will create for the hotel a structured demand calendar defining day by day the demand strength, including events affecting it. Also part of the calendar is a strategy of rates or their price range.
- Forecasting
For our clients we prepare an overview of their hotel market segmentation of their hotel, creating a forecast. The forecasting is aimed to make the marketing and sales strategies most effectively targeted to existing demand in the individual segments.
The upside to this product consists in the complexity of the solution for the entire hotel, regardless of the processes or the management system of the individual departments. Our experienced consultants work in a number of areas simultaneously, making the co-operation among the departments and areas more effective, and we thereby set up a single internal management system for the hotel.
- Economy Management
For consistent economy management and planning of your hotel we will prepare a comprehensive financial plan. Our consultants start from the corporate strategy and specify the economic analysis for a time horizon. We will provide you with an area-wide financial analysis, not only for management of your hotel economy or gastronomic operation, but also for obtaining bank funding or drawing various grants.