Outsourced hotel revenue management means I do the job of the revenue manager for you: I watch the comp set and pace every day, move rates and restrictions, manage the OTAs, forecast demand and report each month. You keep control of the hotel and see every decision.
What I plan around in Cayman Islands: US winter travel; Financial-sector business travel; Seven Mile Beach condo demand; Diving and Stingray City. Guests I price for: US families on 5 to 7 night stays, corporate guests midweek. Where I start: Condo weekly pricing, corporate rates, and hurricane-season floors.
From my years in five-star hotels I help Cayman resorts and boutique hotels manage leisure, corporate and wedding segments, set package fences and protect peak inventory, while building corporate agreements with the financial sector that hold occupancy through the quieter autumn months.
The service in general is described on my outsourced revenue management page; this page covers how I apply it in Cayman Islands.