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REVENUE MANAGEMENT
How a Four Property Hotel Group in went from Manual Excel Sheets to an Automated Revenue Management System
Jelle Landman, the General Manager at Grand Hotel ter Duin in the Netherlands, shares his experience of using Atomize and gives us insights into how Atomize boosted their occupancy and RevPAR.
Moving away from Excel: Going from Excel sheets to a modern approach using an automatic revenue management system. Following a traditional approach to revenue management which included a lot of cumbersome Excel spreadsheets, used to cost Jelle a lot of time every day. Instead using a Revenue Management System would save a lot of time and also gives Jelle a competitive edge giving him access to live market information at the click of a button.
Improving forecast accuracy: Having an accurate forecast is important to both predict your hotel’s performance and for operational departments to plan ahead. With a powerful cloud-based Revenue Management System you can save yourself a lot of time on updating the forecast every month. You will also get more accurate results as the algorithm takes the most current information into account when updating your hotel’s forecast for the next twelve months.
Improve occupancy and RevPAR: Implementing a modern RMS like Atomize would be one of the key factors for a successful hotel business.