Hotel revenue management consulting is an independent review followed by a plan. I look at 12 to 24 months of your own data, shop your comp set, and find where rates, restrictions or channels are costing you money. Unlike outsourcing, I do not make your daily decisions; your team does, with a better plan.
This is my view of Outer Banks. The Outer Banks is a big-house, big-family, week-long market. Large oceanfront homes with pools and many bedrooms are booked by extended families months ahead, and most bookings run Saturday to Saturday. The competition is mainly between homes with similar bedroom counts, so the key is pricing each size band well and opening peak weeks early.
For an Outer Banks owner, I review bedroom count, beach position and weekly pricing against homes of the same size, then build a summer plan with week-by-week prices and a shoulder plan that welcomes shorter stays. I also look at storm terms and how early your next season opens.
The service in general is described on my hotel revenue management consulting page; this page covers how I apply it in Outer Banks.