Mercury Hospitality Management can help you to optimize the revenue results of your hotel with our hotel consulting services. With our team of remote revenue managers, we uncover the hidden revenue potential of hotels and resorts worldwide.
Our Methodology
As the global leading hotel revenue management consulting company, we have developed in-house best practices in hotel yield and distribution strategies for any type of hotel or lodging property. We have a long history of growth results with our innovative and proven methodology.
We look beyond only top-line revenue, and incorporate the cost of distribution into our strategy mix, monitoring both the RevPar and GopPar results of your hotel. Our revenue management outsourcing specialists will focus to also optimizing the GOP (gross operating profit).
Why Mercury Hospitality Management
The Mercury Hospitality Management team of revenue management consultants has a strong business development structure and aims to challenge the status quo. Our drive is to turn your hotel into a local market leader with our proven methodology. We have extensive international experience in hospitality industry, and leave no stone unturned to increase your top-line revenue and bottom-line profit.
How We Work
Mercury Hospitality Management' revenue management and yield experts will be incorporated into your hotel management structure and operate as a part of your team. And we will take on the responsibilities and duties of revenue management and business development. Working beside your executive management, our hotel revenue managers for hire will be implementing best practices, proven techniques and the latest travel distribution developments.
The core components of Revenue Management services are:
- Product mix diversification
- Market segmentation
- Positioning strategies
- Competitor study
- Price benchmarking
- Price structure implementation
- Rate yielding strategies
- Forecasting and budgeting
- Demand management
- Distribution strategies online and offline
- Marketing coordination
- Direct sales stimulation
And we will provide you with comprehensive reporting, to make sure you are fully in the loop and have full insights in the pricing and distribution strategy of your hotel: · Daily Pick-up Report · Monthly Analysis Report
- Distribution Strategy Updates
- Weekly Summary Report
We basically handle all revenue management tasks on a daily, weekly and monthly basis on behalf of your hotel business. We can help you to create a high performing hotel. MERCURY HOSPITALITY MANAGEMENT is a new breed of hoteliers, creating high performing hotels.
Want to develop your asset? Bring in the experts!