Management Services - Revenue Management
Precise execution of successful revenue management strategy is critical to gaining a competitive advantage in a challenging business environment. The MHI revenue management team is committed to excellence, constantly updating our technology and adjusting our business tactics to meet the demands of an ever changing marketplace.
MHI corporate revenue management works directly with each individual hotel’s revenue management team to support and recommend sales strategies, segmentation mix optimization, e-commerce, seasonal pricing structure, base business analysis, market trend analysis, displacement analysis, forecast input, and alternative revenue streams. Our team is lead by the Corporate Director of Revenue Management who brings diverse market experience across a variety of hotel brands and scales, providing a practical understanding of the rapid evolution of available revenue management technologies.
In addition to optimizing the use of individual franchise revenue management systems, our revenue management team provides support to each hotel management team in the following key areas:
- Implement a revenue management meeting structure that focuses key management personnel on task regarding revenue generation.
- Develop and implement channel management strategies to maximize ROI through Global Distribution System, Brand contribution, third-party sites and e-marketing.
- Utilize business intelligence through online channels, central reservations and property management system to generate customer relationships and move market share by optimizing marketing dollar spend.
- Maximize ROI from Brand and independent Web sites through management and development; including content creation, Pay Per Click advertising and Search Engine Optimization (SEO).
- Periodic property visits to promote strategy and planning development.
To schedule a presentation or request additional information on how your business can benefit from our management services, call 301-474-3307 or e-mail
inquiry@mhihotels.com.
