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 Ocean City: Summer boardwalk season; Senior Week and Sunfest; White Marlin Open; Rehoboth and Bethany beach demand. Guests I price for: Mid-Atlantic families and groups on weekly stays. Where I start: Weekly summer pricing with fixed turnover, event premiums, and off-season floors.
My five-star hotel experience helps oceanfront hotels and motels here manage a short, intense season: rate fences between weekday and weekend, deposit and cancellation terms for event weeks, and a pricing approach for shoulder months that does not train guests to wait for deals.
The service in general is described on my outsourced revenue management page; this page covers how I apply it in Ocean City.