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 The Isle of Wight: the Isle of Wight Festival at Seaclose Park in June; Cowes Week regatta on the Solent each August; Osborne House and Queen Victoria's royal heritage; The Needles, Ryde sands and the resorts of Shanklin and Ventnor. Guests I price for: Festival-goers, sailors and families arriving by ferry for week-long summer stays around Cowes, Ryde, Shanklin and Ventnor. Where I start: Treating festival and regatta weeks as capacity events with steep premiums and minimum stays, then defending a short winter season with off-peak long-weekend pricing.
For island hotels, inns and guesthouses I work on event forecasting for the festival and regattas, ferry-linked packages and winter short breaks, using my five-star chain hotel experience to manage a short, intense season around Cowes and the festival and a much quieter winter.
The service in general is described on my outsourced revenue management page; this page covers how I apply it in The Isle of Wight.