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“Most Hoteliers are practicing good Revenue
Management and base their price points on their immediate customer cross-over
competitors and, of course, market demand. However, simply evaluating
their Internet pricing based on one tool is not enough. As dramatic
as we have seen Internet engine sites delivery rise, it is not enough
to cover the balance of revenue management. Internet delivery is still
a small percentage of overall deliveries when compared to our retail
and published pricing deliveries via our CRO channel. Until Internet
channel deliveries grow closer to the franchise CRO production, the
ability to evaluate pricing on published pricing vs. our market remains
a priority so we can further analyze segment pricing of business that
are core in nature to our hotels. TIMS provides this
necessity by enabling Hoteliers to be further educated on the high volume
delivery of franchise segments of Government, Corporate or Low Corporate
BAR pricing which covers the majority of a hotel's occupied inventory.
TIMS allows us to cover the entire spectrum of Revenue
Management with TIMS reporting and additionally, I
can receive iTIMS Report
coverage of all my Internet channel functionality and positioning.”
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-Jeff Iavarone, Vice President Expotel Hospitality, a leader of Hilton products, Holiday and Luxury Boutiques |
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