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How To Get
Your Channel Management Right?
Introduction

© eRevMax Proprietary 2014

A prudent distribution, pricing and revenue
strategy is the need of the hour!
DID YOU

KNOW
© eRevMax Proprietary 2014

?

Hoteliers update
their rates up to 5 times a day to
secure occupancy levels.
Ensure that your rates are consistently reflective of market
conditions.

© eRevMax Proprietary 2014
Identify Your Customer

Identify your
target audience

© eRevMax Proprietary 2014

Build a
whole
personality
profile

Market
your
property in
right
avenues
Revamp Your Website

© eRevMax Proprietary 2014

» Make it user-friendly
» Have clear descriptions, photos and
directions
» Integrate a booking engine to invite
viewers to book direct
» Invest in Search
Engine Optimization (SEO).
» Distribute inventory to multiple sales channels.
» Establish a balanced market mix consisting of global OTAs,
regional OTAs, wholesalers and alternate channels

© eRevMax Proprietary 2014
Get Social
» Design a long-term strategy.
» Identify prospects on Facebook,
Twitter, YouTube
» Assess your hotel’s reputation
through online reviews.
» Respond to reviews and
feedbacks. More so for negative
ones

© eRevMax Proprietary 2014
Price Shopping
© eRevMax Proprietary 2014

» Know your competitors.
» Use market analysis to identify the rate
range and average rate in your market
» Position your rate accordingly
Expand

© eRevMax Proprietary 2014

» List a set of additional
websites to target your guest
» Invest in channel
management technologies.
» Ensure rates are accurate
across all websites .
Invest in Digital Marketing
» Attract guests with the
right promotions.
» Place your marketing
messages and advertising
across the most relevant
websites

© eRevMax Proprietary 2014
Switch to Automated Channel Management
» Access to market data.
» Make quick and informed rate
decisions.
» Manage rate and inventory
allocation automatically.

© eRevMax Proprietary 2014
Pillars Of Effective
Channel Management

Knowledge

Data

Access

Know your
product,
competitors
and the
market

Gather
business
intelligence
to analyze
understand
your position

Ensure rate
& inventory
allocation is
updated in
real-time to
maximize
bookings

© eRevMax Proprietary 2014

Exposure
Market the
hotel to the
right
audience to
increase
reservations

Analysis
Use market
analytics to
optimize
RevPAR
through
effective
allocation
Important Pins
» Continually reassess and analyze
hotel data.
» Focus your market and develop
stable revenue streams.
» Be adaptable to market changes.

© eRevMax Proprietary 2014
Thank

You

US Sales Office:
eRevMax Inc.
37 North Orange Avenue, Suite 500
Orlando, Florida 32801, U.S.A

UK Sales Office:
eRevMax Ltd.
28 Leman Street
London E18ER, United Kingdom

Tel: +1 (321) 251 6559
Fax: +1 (321) 206 8630
E-mail: usa@eevmax.com

Tel: +44 (0) 20 7422 7528
Fax: +44 (0) 44 (0) 20 7265 5100
E-mail: uk@erevmax.com

Visit us at www.erevmax.com

© eRevMax Proprietary 2014

15

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Hotel Channel Management

  • 1. How To Get Your Channel Management Right?
  • 2. Introduction © eRevMax Proprietary 2014 A prudent distribution, pricing and revenue strategy is the need of the hour!
  • 3. DID YOU KNOW © eRevMax Proprietary 2014 ? Hoteliers update their rates up to 5 times a day to secure occupancy levels.
  • 4. Ensure that your rates are consistently reflective of market conditions. © eRevMax Proprietary 2014
  • 5. Identify Your Customer Identify your target audience © eRevMax Proprietary 2014 Build a whole personality profile Market your property in right avenues
  • 6. Revamp Your Website © eRevMax Proprietary 2014 » Make it user-friendly » Have clear descriptions, photos and directions » Integrate a booking engine to invite viewers to book direct » Invest in Search Engine Optimization (SEO).
  • 7. » Distribute inventory to multiple sales channels. » Establish a balanced market mix consisting of global OTAs, regional OTAs, wholesalers and alternate channels © eRevMax Proprietary 2014
  • 8. Get Social » Design a long-term strategy. » Identify prospects on Facebook, Twitter, YouTube » Assess your hotel’s reputation through online reviews. » Respond to reviews and feedbacks. More so for negative ones © eRevMax Proprietary 2014
  • 9. Price Shopping © eRevMax Proprietary 2014 » Know your competitors. » Use market analysis to identify the rate range and average rate in your market » Position your rate accordingly
  • 10. Expand © eRevMax Proprietary 2014 » List a set of additional websites to target your guest » Invest in channel management technologies. » Ensure rates are accurate across all websites .
  • 11. Invest in Digital Marketing » Attract guests with the right promotions. » Place your marketing messages and advertising across the most relevant websites © eRevMax Proprietary 2014
  • 12. Switch to Automated Channel Management » Access to market data. » Make quick and informed rate decisions. » Manage rate and inventory allocation automatically. © eRevMax Proprietary 2014
  • 13. Pillars Of Effective Channel Management Knowledge Data Access Know your product, competitors and the market Gather business intelligence to analyze understand your position Ensure rate & inventory allocation is updated in real-time to maximize bookings © eRevMax Proprietary 2014 Exposure Market the hotel to the right audience to increase reservations Analysis Use market analytics to optimize RevPAR through effective allocation
  • 14. Important Pins » Continually reassess and analyze hotel data. » Focus your market and develop stable revenue streams. » Be adaptable to market changes. © eRevMax Proprietary 2014
  • 15. Thank You US Sales Office: eRevMax Inc. 37 North Orange Avenue, Suite 500 Orlando, Florida 32801, U.S.A UK Sales Office: eRevMax Ltd. 28 Leman Street London E18ER, United Kingdom Tel: +1 (321) 251 6559 Fax: +1 (321) 206 8630 E-mail: usa@eevmax.com Tel: +44 (0) 20 7422 7528 Fax: +44 (0) 44 (0) 20 7265 5100 E-mail: uk@erevmax.com Visit us at www.erevmax.com © eRevMax Proprietary 2014 15