Hotel Revenue Management

From ad-hoc rate changes to a clear, data-driven strategy that grows your profit – not just your occupancy. Strong revenue management connects pricing, demand, distribution and marketing into one clear strategy. Bigmedia24 helps hotels and groups build practical revenue management structures that are grounded in data, aligned with operations and realistic for your team to run every day.

What Revenue Management Really Means Today

Revenue management is not just about changing prices every day. Modern hotel revenue management means:

• understanding demand patterns across seasons, days and segments
• matching price and availability to the right guests at the right time
• coordinating pricing with distribution, marketing and operations
• measuring success in terms of profit, not just occupancy or ADR

Bigmedia24 helps you put these principles into a structure that fits your hotel or group.

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From Gut Feeling to Data-Driven Decisions

Many hotels still rely on intuition and last-minute decisions for pricing. We support the shift to data-driven revenue management by:

• organising and visualising historical booking and pickup data
• identifying clear demand patterns and compression dates
• defining rate fences and segments based on real behaviour
• setting up dashboards that your team can understand and use

The goal is not complexity for its own sake, but better decisions supported by clean data.

Pricing Strategy & Rate Structures

Your rate structure should make it easy to apply your strategy, not harder. Bigmedia24 helps you:

• define base rates and logical derived rates
• separate public, member, corporate and package offers
• design direct-channel advantages without starting a price war
• adapt length-of-stay, advance-purchase and last-minute strategies

We align pricing decisions with guest expectations, competitive set and your brand positioning.

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Demand Forecasting & Inventory Control

Forecasting does not have to be overly complicated to be useful. We assist with:

• simple but effective demand forecasts based on past performance and on-the-books data
• identification of high-demand and low-demand periods early
• rules for closing or opening rate plans and channels
• coordination between revenue, sales and operations (for example, groups and events)

This allows you to protect high-demand periods and stimulate demand where needed.

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Aligning Revenue Management with Distribution

Revenue decisions only work as intended if your distribution follows. Bigmedia24 connects revenue management with:

• channel management and rate parity decisions
• metasearch and OTA positioning
• direct booking strategy and offer design
• promotional planning across channels

We make sure that your rate and distribution structures support each other rather than working at cross-purposes.

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Tools, Systems & Practical Setup

You do not need the most complex tools to run effective revenue management. We help you:

• make better use of the systems you already have (PMS, channel manager, RMS, BI tools)
• decide if and when a dedicated revenue management system makes sense
• define simple routines and reporting cycles for your team
• avoid over-automation that nobody fully understands

Our focus is on a setup that your hotel can realistically maintain.

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Training & Building a Revenue Culture

Even the best strategy will fail if the team does not understand it. We support you with:

• training for key team members on revenue fundamentals
• clear guidelines for rate changes and exceptions
• regular review formats for revenue and distribution performance
• documentation that explains the “why” behind decisions

Over time, this builds a stronger internal revenue culture and better cross-department collaboration.

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Implementation Phases with Bigmedia24

A typical revenue management project with Bigmedia24 follows these phases:

• diagnostic phase: review of current pricing, distribution and performance
• design phase: definition of target structures, rules and reporting
• implementation phase: configuration in systems and training of your team
• optimisation phase: monitoring, fine-tuning and periodic review

The exact scope is adapted to your property size, market and team capacity.

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How to Get Started with Revenue Management Support

To explore how Bigmedia24 can support your revenue management, open the chat and start your message with “Revenue Management”. Tell us:

• how many rooms and properties you operate
• which systems you use (PMS, channel manager, RMS, BI, etc.)
• your main challenges (for example, seasonality, competition, low direct share)

We will respond with a concrete proposal for a review and improvement plan.

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Legal Contact Details

For legal and formal correspondence, you can reach us at:

Bigmedia24 Dynamics Ltd.
51 Bracken Road
Sandyford, D18 CV48
Dublin, Ireland

Phone (Ireland): +353 1 578 8066
Phone (USA): +1 306 261 9933
Email (legal use): support@bigmedia24.com
Website: https://bigmedia24.com

For operational support, tickets and day-to-day requests, please start via the chat (bottom-right) so we can route your case into the Ticket System and Support Portal where appropriate.

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FAQs about Hotel Revenue Management

Not necessarily. We work with hotels that have full-time revenue managers, shared roles or no dedicated revenue function yet. The project scope and routines will be tailored to your team structure.

Yes, in some cases we provide ongoing revenue management support or hybrid models, where we help structure the strategy and your internal team handles day-to-day tasks. The right model depends on your size and resources.

Some improvements, such as better pricing and channel alignment, can have visible impact within a relatively short time. Structural changes in revenue culture and long-term optimisation naturally take longer. We will discuss realistic expectations during the initial review.

No. Independent hotels and small groups often benefit the most from more structured revenue management, because they compete with larger brands that already use such methods.

Not automatically. Effective revenue management means aligning price with demand and value. In some periods, prices may be higher; in others, they may be more attractive to stimulate demand. The goal is a healthy, sustainable profit – not just raising rates across the board.

Yes. Our content is delivered in a structured format that your team can maintain and update. If needed, we can provide guidelines and training so your team feels comfortable making changes.

In many cases, yes. Even small properties benefit from appearing as the official direct booking option in Google. Whether it makes sense for you depends on your typical demand, average booking value and competitive environment – something we can quickly review together via chat.

Need to create or follow up on a ticket?

Open the Bigmedia24 chat in the bottom-right corner of the website, start your message with “Ticket” and briefly describe your request. We’ll create or update the ticket for you and guide you through the next steps.

Request a onboarding Chat

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