"We can increase your A.D.R. with our Computerized Rate and Competition Analysis Pricing Model"

Dallas, TX Revenue Source One announced today that the company is offering a series of rooms pricing and rate quoting Web Casts.
The Web Casts will be offered free of charge to attendees to introduce Rate Razor, the company’s computerized Rate and Competition Analysis Pricing Model.

At the conclusion of a Web Cast participants will:

-Have a more complete understanding of the relationship between a hotel’s attributes and demand.
-Agree that superior Yield Management can not be achieved without optimum rates.
-Appreciate that there is a more scientific method for creating rates.
-Understand that demand does not determine rates but rates are manipulated within the rate structure because of demand.
-Understand that comparing their hotel’s attributes to competitor’s attributes can create a superior pricing strategy.

The current schedule of Web Casts is:

Tuesday January 30, 2007 at 4:30 PM Central Standard Time.
Thursday February 1, 2007 at 5:30 PM Central Standard Time.

It is a good idea to have this system in the small hotels instead of having a revenue management team but not for the big hotels because the percentage of loosing the good opportunities getting higher than the salary of a revenue management team if the target is to have less people working for the hotel which is not the case in the big hotels however some big companies such as Walt Disney, The State of Louisiana, Nobel House Hotels, RFS Hotel Group, and Hotel Equity Investors have all utilized these services.

what do you think about that?

i will be glad to know your thoughts so please leave your comments!!!!

http://www.hospitalitynet.org/news/154000353/4030069.html