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 Edinburgh: Edinburgh Fringe in August; Hogmanay; Six Nations at Murrayfield; Christmas markets. Guests I price for: Festival-goers booking 3 to 7 nights, and weekend visitors from the rest of the UK. Where I start: August premiums that can exceed three times the annual average, Hogmanay minimum stays, and licensed short-term-let compliance.
For Edinburgh hotels and aparthotels I work on group allocation for the festivals, length-of-stay controls across August, and the balance between conference business at the EICC and leisure demand, drawing on my years running revenue in five-star chain hotels, where festival months were planned a full year out.
The service in general is described on my outsourced revenue management page; this page covers how I apply it in Edinburgh.