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 Seoul. Seoul is driven by seasons and K-pop. Cherry blossoms, autumn foliage and concert weeks create peaks, and fans book fast when tour dates are announced. Licensing rules for urban homestays are specific, so compliance comes first. Many visitors are repeat travellers and fans who compare locations near concert venues and transit, so being close to a subway line is worth a clear price premium.
For Seoul hosts, I review your licence, your district and your subway access, then set seasonal bands for blossom and foliage weeks and a process for reacting to concert announcements. We decide together which guests to target, from fans to medical travellers, so each month has a clear pricing goal.
The service in general is described on my hotel revenue management consulting page; this page covers how I apply it in Seoul.