Solutions to Make More Revenue in the Hotel Industry Best Strategies for Yield Management by Seahorse Consulting

1. Solutions to Make More Revenue in the Hotel Industry: Best Strategies for Yield Management by Seahorse Consulting The position of the venue in the numerous competitions that are present in the hospitality industry simply means that any additional form of income must be captured to ensure the establishment’s survival. Seahorse Consulting focuses on yield management in hotel industryand we work to ensure the business achieves increased profitability through proper positioning of price and product availability.

2. Yield management is not just a process of achieving higher revenues per room; it is the technique of achieving the right price for the rooms for which there is demand and getting that demand satisfied in a hotel. Our team is aware of the problems that have beset the hospitality industry including hotels in the current volatile marketplace. We apply sophisticated methods of trend identification and demand estimation with the possibility to change price policies online. Through the use of dynamic pricing models it is possible to guarantee thee highest possible pricing of rooms irrespective of the time of year. This method help to achieve the best RevPAR and the goal of repeat customers. Seahorse Consulting offers a full range of services in developing efficient strategies of yield management. Our solutions assist hotels in defining their customer databases and, therefore, implement individual pricing for various types of customers.

3. Using collected data, we focus on cross-selling and upselling and offer links to restaurants as well as other services, such as spas to expand the revenue generator. It is of essence to note that yield management as a strategic concept to the hotel industry, goes beyond this understanding of a mere price construct. We support the right positioning and mix, booking through the hotel website, OTA involvement, and corporate partnership. Another area of digital marketing was well enhanced by our expertise hence enhancing your hotel visibility to the right audience at the right time. But at Seahorse Consulting, the solution-centered approach is targeting to provide hoteliers with tools and knowledge for success.

4. We advise, teach and help build your revenue management teams to help make the right decisions to aid your business strategies. We therefore ensure the identified strategies to be financially sustainable and the guest experience does not reach the ceiling. • Welcome to Seahorse Consulting; let’s reshape your strategy of revenue accomplishment and lead the change in hospitality industry. By applying hotel industrys principles of yield management we work at optimizing your business revenue, profits and returns on investment more frequently while monitoring the quality of service. • Get In Touch • Seahorse Consulting • 91 88826 24288 • sandeep@seahorseconsulting.in • B-Block, Urja Towers, Sector 47, Gurgaon