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 Riga: Old Riga and Art Nouveau tourism; Jāņi midsummer; Jūrmala beach season; Stag and group travel. Guests I price for: European weekend visitors and groups on 2 to 3 night stays. Where I start: Weekend and group premiums, summer beach demand in Jūrmala, and winter floors.
Riga hotels balance city breaks, conferences and group travel. With my five-star hotel background I work on group policies and pricing, conference rate fences, weekend leisure packages and the long winter strategy when demand from Scandinavia and the Baltics thins.
The service in general is described on my outsourced revenue management page; this page covers how I apply it in Riga.