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Want Your Revenue Manager to be Strategic .... Do You Have an RMS?

Revenue Hub
Revenue Hub
Episode • Jun 24, 2020 • 51m
This podcast is the audio taken from a recent video interview with Michael McCartan, founder of mccartan.tech and Michael Sandeen, Senior Revenue Manager at Pace https://www.paceup.com/



Here is the link to the video:

https://youtu.be/m_vcVchwFZs



In this interview we continue our discussion about the evolution of the revenue manager role, looking at how an RMS can liberate the revenue professional, how a lack of technology can hold them back and where the RMS needs to develop further to enable the revenue professional to realise their full potential





Topics covered include:






  • How many hotels are utilising an RMS

  • How does the RMS liberate the revenue professional

  • Time saving is a very limited reason to invest in an RMS

  • What more can an RMS offer the revenue professional

  • RMS like a GPS and not yet an autonomous driving vehicle

  • How does the RMS need to develop to help the revenue professional evolve

  • Focus of revenue professional if they were more strategic

  • How can you avoid following rouge hotels when they drop prices

  • Why is focus still room pricing when TRM and profit are hot topics

  • Segmentation and value of guests needs to be far more detailed





In this podcast we reference Adrienne Hanna of Right Revenue

https://rightrevenue.co.uk/



And here is a recent video interview we did with her around the evolving role of the revenue professional:

https://youtu.be/Rdn98k2pkeM











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