Market Research & Identification:
We conduct in-depth market research and identify the properties who have the potential to grow alongside us.
Drawing Near to the Property:
Approaching the property and educating them about the basic of revenue management.
Understanding the Property’s Dynamics:
Here we understand the staff efficiency, property brand value, software technology, guest categories and feedbacks.
Past Data Analysis:
Gathering the information about the occupancy, revenue, ARR, ADR, RevPAR, booking channels and review scores.
Comp-set Analysis:
We have a manually curated comp set analysis SOPs which helps us to prepare the best strategies.
Pricing strategy:
Our forte and the thing for which The Revenue Forecast is known for. Here team TRF compile the property pricing manually by following set SOPs.
Showcasing our approach:
The most integral part as this shows how we will represent our property in front of the customers. It will have everything from our purpose to plan of action to influence.
Carrying out the approach:
It’s essentially the most important part as we have to know the best time to carry out the new approach and here also team TRF plays a vital role.
Companionship:
We evolve our strategies as per the market and expect our partners to support us this will help us to grow mutually and sustain our partnership.