Resort Hotel Revenue Management System
Automating Revenue Management: A Resort Hotel Case Study
In the competitive hospitality industry, a two-property resort complex with 1,300 rooms relied on a manual revenue management system, hindering efficient inventory control and timely market responses. This case study shows how the resort hotel automated its pricing process to boost efficiency and revenue, offering insights for hoteliers seeking to modernize operations.
Understanding Revenue Management in Resort Hotels
Revenue management optimizes pricing and inventory to maximize profitability. The resort’s manual system required constant price adjustments, slowing responses to demand shifts and risking revenue loss. Leadership aimed to automate pricing to enhance efficiency while maintaining or increasing revenue, leveraging technology to manage the complex’s 1,300 rooms effectively.
Key Benefits of Automated Revenue Management
- Increased Revenue: Dynamic pricing captures higher rates during peak demand, boosting profitability.
- Improved Efficiency: Automation reduces manual workload, freeing staff for guest-focused tasks.
- Enhanced Agility: Real-time pricing adjustments ensure competitiveness in fluctuating markets.
- Better Guest Experience: Optimized rates and inventory improve service quality and value perception.
By adopting an automated revenue management system, the resort transformed its operations while upholding guest satisfaction and market competitiveness.
The Solution
The resort implemented HouseCount RMS from Luxe Pricing, fully integrated with the Infor Property Management System (PMS). Key features included 15 loyalty segments, dynamic comps by rate plan and room type, automated yield management across dozens of rate plans, and Group Protect and decoupled private rates for stronger profitability.
The Outcome
90% of rate changes were automated. HouseCount’s Autopilot ran 24/7, streamlining operations. The resort experienced significant RevPAR growth, exceeding expectations.