What is Revenew Management?
The profitability of a business does not depend exclusively on Sales
Revenew Management is a comprehensive technique that applies the strategies and actions of the original Revenue Management and shares them with the areas that make up the operation and administration of accommodation establishments, since it is a fact that all its members, from their corresponding fields of action, can contribute in different ways to achieving the financial objectives of the business.
Where does Revenew Management come from?
Several years of research and constant testing the various Revenue Management techniques of hotels and restaurants management, showed us the need to involve all members of the company in the knowledge and application of these techniques adapted to each of the areas that make up the accommodation and restaurant businesses, since the profitability of the establishments does not depend exclusively on the Sales and Marketing Department, but is a joint effort where each area or department involved has a specific responsibility towards the success of the business.
How can Revenew Management contribute to the financial success of organizations?
We have adapted the techniques, strategies and actions of Revenue Management used in the Sales and Reservations areas in a hotel, to the language and activities of each department that is part of the operation and administration of lodging establishments, restaurants, spas and golf courses. , regardless of its size and type.
All members of the company can contribute in a very important way to obtaining profits if they know and properly implement their Revenew Management strategies.
From Revenue Management to Revenew Management
Using the discipline, strategies and actions of Revenue Management, Revenew Management presents a holistic approach to the management and monitoring of all sources of income of the organization, a guide to control costs and expenses and a comprehensive path to achieve the financial profitability of the company, where all those involved contribute from their field of action to reaching the goal.
"Poor is the student who does not surpass his teacher"
Leonardo da Vinci
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