There was once a time when using a hospitality service for revenue and sales management was a luxury. Thanks to the increasingly competitive nature of the hotel industry, such services have become a necessity. As industry experts, we provide a dedicated team of individuals who’ll maximize your revenue and sales. If you’re yet to use such services, we’re here to show you how they work and the difference we can make.
A hospitality service that enhances your profitability
Like most people in the hotel industry, you want to maximize your profitability. At NextGen Hospitality Consultants, this is something we deliver. Our personalized revenue building strategies increase your RevPar above the industry average, allowing you to thrive in tough markets.
Using our expertise, we’ll look at ways you can outperform your competitors. By improving your overall market value and helping you gain a larger share of your local market, we enhance your profitability. Our approach to enhancing your profitability always keeps your budget in mind. As an extension of your usual hotel management team, we’ll handle the challenging aspects of revenue management so you’re free to focus on your guest experience.
Working with independent hotels and major brands
At NextGen Hospitality Consultants, we’ve delivered our hospitality services to big chains and independent hotels. As a result of our experience, we’re adept at shaping our approach accordingly.
Overall, our mission is to take your profits to dizzying heights. When you entered the hotel management game, you probably envisioned a few lofty revenue goals. After all, excellent profit potential is part of what makes the industry so attractive. We’re here to help you achieve those goals and move beyond them, giving you the chance to become more ambitious and achieve your aims.
Creating a revenue culture at your hotel
With a firm focus on the client experience, we’re here to produce a revenue culture at your hotel. We believe in the power of numbers and using that power we can grow your business’s profitability.
Our day-to-day revenue management allows us to forecast your financial future, create a dependable pricing structure, and generate leads. By focusing on lead generation, we make it easier for you to fill your rooms consistently. If you’re facing challenges such as low occupancy during certain seasons, we’ll help you attract a greater share of the market.
The importance of using our hospitality services
As one of the most competitive industries around, hospitality often feels unpredictable. Although it’s true (to an extent) that you can’t predict what will happen in the future, you can at least try.
Our hospitality services involve predicting customer demand so that we can maximize your profitability. We gather information about your particular niche and local market so we can take a proactive approach to the conditions ahead. The alternative to this is using a reactive approach. Unfortunately, taking a reactive approach results in you missing out on key market sectors, leading to a reduction in the market share you’re benefiting from.
Using our hospitality services also means you’re less likely to rely on the high demand periods your business uses to buffer slow periods. We’ll create a strategy that allows you to make money during low seasons, giving your business the chance to thrive at all times of the year. As demand evolves, we’ll view your product differently and shape our approach accordingly. If we anticipate a challenge ahead, we’ll alter your pricing to ensure you don’t miss out on your share of the market.
Although revenue management may seem complicated, it’s something we’re ready to handle on your behalf. At NextGen Hospitality Consultants, we help large and small hotels alike. To discuss our services further, call 650-409-1025.
