Today’s customer is online savvy. They shop for the best offers and deals online. There are hundreds of travel portals and new ones are coming out every now and then. Managing pricing, inventory, promotions and content and also ensuring that you don’t lose out on yield is becoming tougher by the day.
REVOPT provides an end-to-end solution for Revenue Management for eDistribution. The service aims to maximize potential revenue from Online distribution networks with higher yield and profitability. We not only make a pricing strategy but also make pricing decisions and upload inventory and rates on a daily basis.
We assume complete responsibility and management of all online channels and associated work relating to content management, inventory management, defining, implementing and monitoring promotional pricing and pricing controls, relationship management with OTAs and other eDistribution channels to ensure optimum presence and drive online revenues with higher yield.
We are extremely satisfied with the way REVOPT has delivered 350% growth in online revenues within the first month. We are now extending our engagement with REVOPT to take over our complete Revenue Management Operations. No doubt REVOPT has the best Revenue Management professionals around and we are quite confident to optimize our revenues further.
With the kind of pedigree REVOPT has, we expected growth; but 3X growth in Online business within the first month was phenomenal! Detailed revenue insights by REVOPT helped us to understand better and have control over our business. We have now signed up for our newest property - The Royal Comfort as well! We strongly recommend REVOPT’s Revenue Management services to any hotel that wants to improve its performance and stay ahead of the competition.
We have been associated with REVOPT for more than 2 years now. The contribution of Online business has grown to over 45% from 5.5% initially. We were initially hesitant to become their first client. However, the fact that we are still with them speaks volumes of their performance. REVOPT has won us over with their personal attention. The team really knows what it takes to deliver consistent results!