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Incremental dollars add up fast.
Everyone wants to make more money. Let EPH show you how.
Our revenue management specialists will work with your managers to forecast demand throughout the year, and adjust rates accordingly. EPH revenue managers will also work hard to make sure your rates are continuously updated with your franchise, on the web and in print. An effective revenue maximization strategy can mean the difference between meager and exceptional profitability.
With a management contract, revenue management is an ongoing service. One of our revenue managers will visit your property to complete a rate and competition analysis. During the property visit, our revenue manager completes an analysis of your competition’s hotels and your hotel and inputs data into our rate analysis program. We compile rates for each season and all special events and assist your general manager in setting the right rates for your market.
- Monitoring of rates and inventory
- Ensures accurate advertising of hotel’s rates
- Increases hotel’s profitability
Market rates evolve over time. Our revenue managers will monitor your rates, as well as, your competitions’ rates. We look for opportunities to raise your rates to maximize your revenue during busy times. We also look at high demand periods and make recommendations on effectively using stay restrictions, such as minimum nights. We also manage the tricky and competitive internet booking sites.
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