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 Los Angeles: Award season and studio production travel; Coachella spill-over in April; Summer beach demand in Santa Monica and Venice; Conventions and sports at Downtown and Inglewood venues. Guests I price for: Mixed leisure, entertainment-industry and family groups, with long weekend patterns and a growing mid-term (30-plus-night) segment. Where I start: Neighborhood-level base pricing (Westside vs. Hollywood vs. Downtown), orphan-gap rules for Sunday to Thursday, and mid-term rate cards where the home-sharing ordinance limits short stays.
For Los Angeles hotels I work on segmentation between studio and entertainment business, corporate accounts, leisure and sports groups, with rate fences for award-season and stadium weekends. Comp sets are built by neighbourhood and freeway access, because a Burbank hotel and a Santa Monica hotel rarely compete for the same guest on the same night.
The service in general is described on my outsourced revenue management page; this page covers how I apply it in Los Angeles.