Hotel revenue management consulting is an independent review followed by a plan. I look at 12 to 24 months of your own data, shop your comp set, and find where rates, restrictions or channels are costing you money. Unlike outsourcing, I do not make your daily decisions; your team does, with a better plan.
This is my view of Cayman Islands. The Cayman Islands combine Seven Mile Beach condos with financial-sector business travel. US families fill winter weeks, while professionals visit year-round. Hurricane season is slow. Families and business travellers want different things, so a condo that suits both needs separate weekday and weekly pricing rather than one blended nightly rate. Building and view drive the price gap between otherwise similar units on Seven Mile Beach. Families often return every winter, so reviewing last year's rates before accepting repeat bookings keeps pricing in line with the market.
For a Cayman condo or villa I review the licence, the strata bylaws and how the unit splits between holiday families and midweek finance visitors. Then we plan Christmas, Easter, the Cookout, Batabano and Pirates Week, plus a clear floor for the autumn storm months.
The service in general is described on my hotel revenue management consulting page; this page covers how I apply it in Cayman Islands.