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 Fargo: North Dakota State University and the Bison football program; Fargodome concerts and events; Regional healthcare and agriculture business travel; Summer youth sports and tournaments. Guests I price for: Bison fans and visiting families on game weekends, business and medical travellers midweek, and travelling nurses on monthly stays. Where I start: Game-weekend premiums, monthly winter rates for medical and contract stays, and winter floors.
Fargo hotels live on healthcare, agriculture and corporate travel during the week, and on Bison football, concerts and tournaments at weekends. From my five-star hotel revenue background I help manage team and fan blocks for playoff weekends, healthcare negotiated rates and a comp set split between the interstate corridor and downtown.
The service in general is described on my outsourced revenue management page; this page covers how I apply it in Fargo.