Maximizing Full-Service Revenue: 2013 Performance Insights and Strategic Initiatives
In 2013, our full-service revenue management strategies delivered remarkable results, including a RevPAR index increase of +2%. Despite challenges with hotels experiencing declining market share, we focused on simplifying operations, optimizing business mix, and activating essential tools to drive performance. With proactive measures to fix problems swiftly and coaching talent effectively, we identified an impressive opportunity valued at $12 million. This report outlines our key accomplishments and strategic initiatives that positioned us for future success in revenue generation and market competitiveness.
Maximizing Full-Service Revenue: 2013 Performance Insights and Strategic Initiatives
E N D
Presentation Transcript
Sales RevenueManagement eMarketing
Full Service Revenue Generation
2013 Results Full Service
RevPAR Index +.2% +1.4% -.2%
Hotels With Declining Share 14 10 9
2014 YTD PTM Market Share Sales vs. Budget House Profit vs. Budget
Full Service Initiatives • Simplify • Business Mix • Execute • Activate Tools & Resources • Measure • Fix Problems Quickly Coach • Talent
The Opportunity $12,000,000 And that’s only a the start!!!