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 Heidelberg: Schlossbeleuchtung castle illuminations and fireworks over the Neckar; Heidelberger Herbst autumn festival in the Altstadt; Ruperto Carola university term and academic conferences; Weihnachtsmarkt Christmas markets on Marktplatz and Kornmarkt. Guests I price for: Couples and culture travellers on two to three nights near the Altstadt and Philosophenweg, plus academics and parents visiting the university who favour Neuenheim and Bergheim. Where I start: Pushing weekend and illumination-night premiums while holding sensible two-night minimums, and keeping the Baden-Wuerttemberg short-term-let registration in order to stay compliant.
My first decade was in five-star hotels, so for Heidelberg hotels I focus on the mix between conference groups from the university and research institutes and leisure couples on weekends. I build displacement checks for group blocks on illumination Saturdays and choose a comp set that separates the old town from the business districts.
The service in general is described on my outsourced revenue management page; this page covers how I apply it in Heidelberg.