We believe in the overall strategy, including in-depth analytics and forecasting. Yield management denotes the actual price optimization part. Revenue management helps to predict consumer demand to optimize inventory and price availability in order to maximize revenue growth
We work with you to choose the right route to maximise your revenue opportunities and increase overall yield, then manage that route for you, optimising your bookings across all channels. The application of disciplined analytics that is used to predict the behavior of the consumer at the macro market level is referred to as revenue management. It also optimizes the availability of the product and the price to maximize the revenue growth.
Hotels has fixed capacity, a perishable product with High fixed costs and low variable costs. We understand the dynamix and matrix of global distribution network and we provide solution based on intelligence on global travel patterns and trends. Removing guesswork from decision making helps independent hotels thrive. This is why every decision we make is backed by insight and a deep understanding of your business needs. Our dedicated resources help you audit existing revenue systems and negotiated rate plans. And our revenue management systems leverage detailed analytics to determine consumer patterns and build solutions that manage your inventory and grow revenue
Helping you address the following challenges:
- Developing a comprehensive understanding of revenue channels
- Building robust analytics to make informed decisions
- Having the right expertise to respond to varying revenue yield scenarios
- Co-ordinating the effort between revenue, sales and marketing teams
- Utilising the right revenue management tools, technology and methods for you
IZ Hotels are about you. So the tailored revenue management solution we provide delivers a comprehensive 360-degree service. Our knowledge, skills and expertise, combined with a data-driven approach help you achieve your targets, From driving sustainable growth or increased profits to expanding market share or improving efficiency.
For independent hotels and serviced apartments, time and cost control are constant pressures. Collaborating with us eases those pressures. We build a global team of tailored multilingual sales partners, hospitality marketing specialists and revenue management experts who understand your challenges, and deliver bespoke services that save you time and lower your cost of sales.
A comprehensive check-up is performed on your present business practices and is lined with revenue optimization. Amistad Partners measure this report against the current industry best practices. Based on the results, we propose you with the best practices that would help you to get aligned and boost your profits.
Based on the gap identified with the optimal revenue optimization, our expert provides you with a strategic plan. This plan would help you to bridge the gap between the actual and optimal revenue and includes a budget plan for 3-5 years, timelines, and deliverables.
Your business operates as per normal plan, but at the same time, we assist you in building the day-to-day work. We help you out to sort the true deliverables that would eventually lead you to action vs nice. Having a focus on revenue optimization, our experts place the processes in exact position. This is done to have effective communication with sales, operations, and marketing teams.
Our experts perform a comprehensive gap analysis of your business’s revenue optimization technology. With the right technology, our experts free up the time for your revenue managers to perform critical thinking, driving strategies, optimizing the business opportunities, and analyzing the results.
We, at IZ Hotels, share our knowledge and skill set with the key staff members. This would help them to be a revenue optimization enthusiast so that the same strategy would be carried out even if we leave.
Our experts help you with future for achieving a higher level of enhancements and update you continuously with information on industry developments within revenue optimization.