Revenue Management

Rate Wise

Our Revenue Management Consultancy & Software Company

PREM Hospitality have an impressive track record of growing Rev-Par and overall hotel revenue through innovative revenue management strategies. With extensive experience in the hotel industry, our team will deep dive into the hotel’s reservations department and operate as an integral part of their rooms division function.

RATE MANAGEMENT SYSTEMS

We will introduce our bespoke rate management systems, implementing best practise and proven techniques to optimise Rev-Par and profitability. Whether it’s a small boutique hotel in the countryside or a busy airport hotel, we can help outperform the competition and drive more direct business to the property. 

OTA ANALYSIS

We complete a full health check of the hotels current OTA partners and ensure the property is listed accurately with good photos and descriptions. We may also suggest that the hotel partners with new OTAs that may have potential to deliver business.

DRIVING DIRECT BUSINESS

While we recognise the importance of the OTAs, we must ensure that the hotel’s own website is always the paramount booking channel. Our detailed analysis of booking pace and pick up trends will alert the hotel when to reduce allocation on OTAs, allowing more direct business to flow through at lower commission.