REVENUE MANAGEMENT
Back in the day, revenue management in Hotels meant opening and closing of availability and rates. When Online Travel Agents entered the scene, the industry became obsessed with simple adjustments of rates.
Since hotel rooms are perishable product and the number of rooms are limited, at Wingkler we understand that customer satisfaction and pricing remains the most important dynamic variables which are subject to Hotel Revenue Management.
We at Wingkler balance the demand and capacity by forecasting prices for the purpose of maximizing the effectiveness of hotel’s resources. Today, the playing field is drastically more complex. Wingkler’s revenue managers are experts at analyzing, forecasting, and optimizing hotel inventory through availability restrictions and dynamic rates and have, appropriately, become instrumental in managing the hotel's demand.