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 Panama City: Canal and business travel; Bocas del Toro and San Blas islands; Carnival; Retiree and long-stay demand. Guests I price for: Business travellers midweek, North American leisure guests on 4 to 7 night stays. Where I start: Dry-season premiums, corporate midweek rates, and monthly long-stay cards.
My background is five-star hotel revenue, so for Panama City hotels I work on corporate rate negotiation, convention and banking demand midweek, weekend leisure packages and a comp set chosen by district, whether that is Casco Viejo, Obarrio or Costa del Este.
The service in general is described on my outsourced revenue management page; this page covers how I apply it in Panama City.