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REVENUE MANAGEMENT
OpenSpace Drives 51% Increase in RevPP for Atrium Hotel Mainz
With 22 conference rooms, and 1365 m² of event space, meetings, groups, and events formed an important part of revenue for the hotel, but leadership could see this could be optimized further.
Increase revenue: The hotel was looking to fluctuate daily rates on event space in line with demand, to capture a higher willingness to pay on high-demand periods.
Optimize space usage: The Atrium Hotel Mainz wanted to be able to price each event individually, to optimize revenue per available square meter.
Automate booking process: The hotel wanted to speed up the quotation process and allow customers to find out about prices and capacity via the website so that they could book direct.
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