Managing Performance
Analyzing data and recognizing trends in terms of city specific competition set hotels are key factors for the success of any hotel. To help each property with assimilation and comparison of this data, VCIHOTELS compiles a data bank of essential management information and monthly production reports. VCI Revenue Management and optimization team conducts monthly review meeting with every member hotel and devises corrective measures Revenue and Yield management including improved forecasting and trend analysis.
The Performance & Revenue Optimization Team conducts regular individual checks, which allows them to advise each hotel how to increase RevPAR and profits through all distribution channels. The team advises hotel staff, devises activity plans and assists with account management. Individual statistics and reports are then created for all properties according to their needs.
VCIHOTELS experienced specialists team always have their finger on the pulse of the partner hotels’ business on daily basis whilst continuously advising on rates and inventory optimization, and sharing expertise across the portfolio.