Customized Remote Hotel Revenue Management Services
Select the support level you need to optimize your hotel’s profitability and revenue goals with our partner agreements starting at six months. Tailor your strategic requirements further with our Ad-Hoc project services to find bigger revenue advantages for your property. TCRM is your one-stop for Revenue Management resources.
INCLUDED SERVICES
Inventory Management
Daily monitoring of inventory
Monitored multiple times daily
Pricing Strategy
Retail & Discount pricing strategy monitored daily
Retail & Price positioning for next 90 days daily
Retail & Price positioning for next 6 months daily
1x per week
Retail & Price positioning for full year daily
1x per week
1x per week
Strategy Reporting
Once per week
Daily
Automated Business Intelligence for extra fee (Pending PMS Compatibility)
Client Communication
Daily email updates
Phone or Text Messaging
Strategy Meetings
Bi-Weekly
Weekly
OTA Channel Management
Pricing Optimization monitored daily
Optimization for next 90 days monitored daily
Optimization for next 6 months monitored daily
1x per week
Optimization for full year monitored daily
1x per week
1x per week
Content Updates
1x per week
1x per week
On Demand
Group Strategy
Group pricing and evaluations
Group pickup and cutoff meeting
Daily Business Reviews
Forecasting
Weekly operations forecast (i.e. 14 day)
Monthly 30/60/90 forecast
Systems
Essential system functionality support
Initial basic system clean up
Ongoing basic system clean up
Ad Hoc Services (for An Extra Fee)
Comprehensive market analyses
Customized report creation
Comprehensive system audits
Annual Budgets and Marketing Plans
System audits and clean up services
Integrated commercial strategies
Hotel Revenue Technical Expertise
Our proven track record of superior results comes from an obsession with getting it right. We continuously measure and adjust strategies with an eye toward your bottom line. We live and breathe data points, system integrations, and spreadsheets (so you don’t have to!).
Simple, Clear Revenue Tools
We offer an array of proprietary revenue tools that are easy to understand. Armed with proactive strategic insight from our business intelligence tool, TCRM Smarts, your hotel can avoid fire sales, unnecessary discounts, and less profitable channels of business. Our Revenue Snapshot Tool takes the headache out of complicated evaluations, and we measure every tactical initiative with our Report Card Tool to guide and create a culture of forward-looking improvement that benefits your topline revenue stream in the long term.
No Downtime
Our onboarding process maximizes revenue effectiveness and makes your designated revenue manager a true extension of your property team. At the same time, we plan for turnover so you don’t have to. As an agency, we operate with detailed oversight and a team culture so that your hotel’s revenue strategy keeps working for you regardless of personnel changes.
Profit Focus
We dive deep into your hotel data and find profits that you didn’t even know existed. Thriving in hospitality has become even more complex. That’s why we don’t maximize revenues in a vacuum. Our profitability maximization doesn’t stop at rooms; we go beyond with available services for menu and ancillary revenue pricing analysis and forecasting.
Outsourced Revenue Management
Our revenue consultants meld seamlessly into your hotel’s operation and deliver superior results by focusing on what matters and diving deep into the details. We manage everything you’re used to from revenue management: pricing, inventory management, third-party optimization, and forecasting. Then, we go several steps further.
Our analyses of corporate accounts, group displacement, and selling guidelines are designed for close collaboration with sales teams. We ask the important questions about seasonal and event strategy and then implement proactive promotions, working hand-in-hand with marketing to optimize your e-commerce results.
Our Remote Revenue Management Service delivers superior results tailored to your hotel and market.
We know how impossible it is to fit a square peg into a round hole, but most outsourced revenue services follow the same checklists, no matter how unique your hotel or market may be.
If you’re worried about how much revenue you’re leaving on the table with centralized revenue management through a brand or management company, you’re not alone.
As seasoned experts with decades of experience, we go beyond the ordinary. We leverage best practices from our work with hundreds of hotels to support the specific profit goals of your property.
Flexible, customized service offering so you can target the hotel’s goals and complement the existing team.
Designated revenue manager so you gain an extension of your on-property staff.
Nerd-level technical expertise so you can put data points, system integrations, and anything in a spreadsheet into expert hands.
Low hotel-to-consultant ratio so you get maximum workflow and accuracy.
Agency support regardless of personnel changes so your revenue strategy is protected no matter what.
Attentive partner with a family feel so you know we care about your long-term success.