Revenue Management for Hotels

Do Less EARN MORE

It’s simple: We focus on crafting and implementing a pricing strategy that optimizes for the many channels your hotel advertises through.

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Revenue management services for hotels

REVY + Hotels

The best results occur when Revy focuses on growing revenue and your hotel staff focus on the guest.

Improve Your Hotel’s Revenue By Using Revy

Many hotels around the world struggle to hire a revenue manager because of the added expense it will have on their business, but with Revy we structure a shared success model that is a win-win for you (the hotelier) and us (the revenue manager). Our compensation is tied to the revenue of the hotel and so we are incentivized to grow your revenue.

Custom

Commission on Revenue

18%

Avg Revenue Increase with a Revy Advisor

10+​

Years of Revenue Management Experience

Revy helps property managers have fewer responsibilities so they can focus on what matters
dynamic pricing management services for hotels
Revy Enterprise

Custom

Perfect for Hotels

  • Listing Audit
  • Dynamic Pricing
  • Manual Adjustments
  • Revy Expert Advisor
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Revy provides revenue management services for hotels

Who We Work With

Learn about some examples of the types of hotels that are perfect candidates to partner with Revy.

Aimee – The Hotelier

Aimee’s journey into the hospitality industry is nothing short of inspiring. As a dynamic hotelier, she’s transforming the landscape with her boutique hotel empire. Aimee’s secret? She’s a go-getter who knows that her team is the heart of her success. That’s why she’s meticulous in placing the right talent in the right roles, ensuring each team member is motivated with a thoughtful compensation plan.

But Aimee’s ambitions don’t stop there. She’s on the lookout for a revenue management partner who brings creativity and a keen understanding of protecting Net Operating Income (NOI). She wants a collaborator who is as laser-focused on profitable revenue growth as she is. For Aimee, it’s about more than just numbers; it’s about building a thriving business that stands the test of time. In her world, innovation meets dedication, creating a blueprint for success that every hotelier can admire.

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Revy - Revenue management services for boutique hotels

Theresa – Boutique Motel

Meet Theresa, the visionary behind Savannah’s newest gem, The Peach. What was once a quaint motel is now undergoing a metamorphosis into a chic boutique destination. With every brushstroke and design detail, Theresa’s passion radiates through the property’s transformation. But as the grand opening approaches, she faces a new challenge: filling 32 units with discerning guests who appreciate the artistry she’s poured into The Peach.

Enter Revy, the revenue manager Theresa envisions as her partner in this venture. While Theresa dreams of eventually bringing revenue management in-house, for now, she seeks a passionate ally to ensure The Peach’s success. With Revy’s expertise, Theresa can focus on perfecting the guest experience, confident that every room will be occupied by patrons who value the unique charm of her boutique haven. Together, they’re poised to make The Peach the crown jewel of Savannah’s hospitality scene.

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Francis – A Lifestyle Hotel

Meet Francis, the heart and soul behind a one-of-a-kind boutique hotel nestled on the stunning beaches of Costa Rica. With 28 charming units, it’s a paradise for surfers seeking epic waves and a touch of luxury. Francis thrives on personal connections, greeting guests with a warm smile and ensuring their stay is unforgettable. By day, he’s teaching surf lessons, sharing the thrill of the ocean. By night, he’s behind the bar, mixing drinks and laughter.

Francis loves his vibrant lifestyle and refuses to let it feel like a “job.” That’s where Revy can really help someone like Francis by taking care of the nitty-gritty details so he can focus on his passion. With our expertise in pricing unique properties, we ensure his dream stays fun and profitable. For free-spirited hoteliers like Francis, Revy is the perfect partner.

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Partner with Revy and we will help increase your revenue with our done-for-you revenue management services

Why Partner With Revy?

We’re very experienced in the hospitality space, from running our own Airbnb units, to being a professional revenue manager for some of the largest hotel operators in the world, to launching our own success vacation rental management company. We have the ability to help grow your hotel or motels revenues and help you get more out of your investment.

  • We Take The Time To Learn About Your Property & Market
  • We Do An Initial Listing Audit To Uncover Quick Wins
  • We Implement A Custom Pricing Strategy For Your Unique Hotel, Motel, or Resort
  • We Do Daily Optimizations For Maximum Performance
  • We Consult on Additional Opportunities for Listing & Revenue Improvement

Ask Yourself This: “Do you think an expert at pricing could improve your gross revenue by 5%?”

Of Course You Do: An expert that has the right technology, market data, experience, and is monitoring it 365 days a year could easily create a 5% improvement; which makes Revy’s involvement essentially free of cost.

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Frequently Asked Questions

How Revy Works

At Revy, we believe that dynamic pricing software alone isn’t enough to maximize your rental income. While software like Beyond, Wheelhouse, and PriceLabs are powerful tools, they require expert management to truly optimize revenue. That’s where we come in.

Read more on How It Works

Expert Management for Maximum Revenue

  1. Dynamic Pricing Software: We use state-of-the-art dynamic pricing tools to gather real-time market data and adjust your prices accordingly.
  2. Seasoned Revenue Managers: Our team of experienced revenue managers interprets the data and makes strategic adjustments. They ensure that your property is always priced to maximize bookings and revenue.
  3. Daily Optimizations: We perform daily manual adjustments to keep your pricing competitive and aligned with market trends.

Aligned Goals

  • Commission-Based Model: Our commission is tied directly to your revenue. This means our success depends on your success, aligning our goals perfectly with yours.
  • Shared Success: We focus on growing your revenue while you continue to deliver the best possible guest experience.

Simple and Effective

  1. Tell Us About Your Property: Share details about your property and market.
  2. Connect Your Accounts: Add us to your property management system.
  3. Start Earning More: Our team takes over the pricing strategy, allowing you to focus on the guest.

Partner with Revy and experience the benefits of expert revenue management, ensuring you get the most out of every booking while delivering an exceptional guest experience.

Yes, you need to sign a contract to outline the responsibilities of both parties. However, the contract is straightforward and allows for flexibility; you can cancel or pause the service with a 30-day written notice.

No, there are no guarantees due to the complex nature of running a business and various external factors that can impact performance. However, the service commits to working closely with you to maximize the likelihood of achieving desired results.

Words From Legal (Disclaimer)

While we strive to optimize your property’s pricing and maximize revenue, we do not guarantee any specific revenue, improvement, or profit outcomes. The results may vary based on numerous factors beyond our control, including market conditions, property location, competition, and other external influences. By using our services, you acknowledge and agree that we cannot and do not make any guarantees regarding financial performance or specific revenue outcomes. Our role is to provide expert advice and management based on our experience and available data, but ultimate results will depend on various unpredictable factors.

Yes, you will have the final say over your pricing. The service will work with you to ensure the property gets the best rates possible and will advise you on their recommendations. Ultimately this is a partnership and we highly value your input.

Ultimately it is your property and you know it better than anyone so your feedback is super valuable. During the onboarding process you will be asked a series of questions to help us better understand your property and the unique market that you operate in.

Heres A Simple Analogy

“Just like QuickBooks needs an accountant, dynamic pricing software needs a revenue manager. Buying Wheelhouse doesn’t make you a revenue expert—that’s where Revy comes in.”

– Connor, Managing Partner of Revy

We fully support the use of dynamic pricing software and we even utilize it. The software is fantastic, but it is often underused, or misused, causing hotel operators to leave a lot of money on the table. Using our revenue management services is different from relying solely on dynamic pricing software in several key ways:

  1. Human Expertise and Experience:
    • Our team brings over a decade of experience in managing vacation rentals and professional revenue management for hotels.
    • We provide personalized insights and tailored strategies that a purely automated system cannot match.
  2. Comprehensive Approach:
    • We analyze a wide range of factors beyond what typical dynamic pricing software considers, such as local events, market trends, and property-specific characteristics.
    • Our holistic approach ensures that every aspect of pricing is optimized for maximum revenue.
  3. Continuous Monitoring and Adjustment:
    • Unlike static software solutions, we actively monitor market conditions and adjust pricing daily.
    • This real-time response to market changes ensures your property remains competitive and maximizes earnings.
  4. Personalized Recommendations:
    • We collaborate with you to understand your property’s unique features and business goals, offering customized advice and strategies.
    • You maintain final say over pricing decisions, with our expert guidance enhancing your outcomes.
  5. Multi-Platform Optimization:
    • We manage pricing across multiple online travel agencies (OTAs) including Airbnb, VRBO, Booking.com, Expedia, and others.
    • This broad reach increases your property’s visibility and revenue opportunities across different platforms.

Revy: Your Freelance Hotel Revenue Manager

Think of Revy as your freelance hotel revenue manager for hire. Just like a freelance professional brings specialized skills to your business without the overhead of a full-time employee, Revy provides expert revenue management tailored to your needs.

Why Choose Revy As Your Revenue Manager?

  • Cost-Effective: Hiring a full-time revenue manager can be expensive. With Revy, you get expert management without the overhead.
  • Flexible: Our service is as flexible as a freelancer. You can start or stop the service with ease, adapting to your needs.
  • Proven Results: Our team has a track record of increasing gross revenues for properties by leveraging dynamic pricing and expert management.

Combining The Best Hotel Revenue Management Software with Experts

At Revy, we maximize your revenue by combining the best hotel revenue management software with our expertise and experience.

Cutting-Edge Software

  • Advanced Technology: We use leading dynamic pricing software to analyze real-time market data and trends.
  • Market Insights: Our software continuously adjusts prices based on demand and local events.

Expert Management

  • Seasoned Experts: Our team has years of experience in the hospitality industry.
  • Daily Adjustments: We make manual tweaks daily, using our market knowledge to enhance software recommendations.

Custom Strategies

  • Initial Audit: We start with a comprehensive audit of your property to identify opportunities.
  • Tailored Solutions: We create custom pricing strategies unique to your property and market.
  • Continuous Optimization: We regularly refine strategies to adapt to changing market conditions.

Revenue Management for All Property Types

At Revy, we provide top-tier revenue management services tailored to a variety of property types. Our expertise and advanced tools ensure each property maximizes its revenue potential. This provides us with a holistic understanding of how guests are booking their accommodations.

Who We Serve:

  1. Boutique Hotels
  2. Motels
  3. Vacation Rental Management Companies
  4. Solo Airbnb Hosts
  5. Short-Term Real Estate Investors
  6. Vacation Rental Owners

The Revy team has lots of experience and qualifications for managing pricing effectively:

  1. Extensive Experience: We have over a decade of experience as Airbnb hosts, managing pricing and revenue for our own properties, other homeowners, and even other vacation rental managers.
  2. Professional Expertise: The Managing Partner, Connor, has professional experience as a former revenue manager for one of the largest hotel operators in the industry.
  3. Large Portfolio: We manage over 40 properties across 8 unique destinations, demonstrating their capability to handle diverse property needs.
  4. Advanced Technology: We use best-in-class software, data, and analytical tools to make informed and to make data-backed pricing decisions.
  5. Track Record: Our team has successfully increased revenue for numerous properties by fine-tuning pricing strategies and reacting to market changes daily.

This combination of personal hosting experience, professional revenue management background, a sizable portfolio, and advanced technological tools make us well-qualified to manage the pricing for your hotel, motel, or resort.

Benefits to You:

  1. Increased Revenue: By optimizing pricing, the service aims to increase your revenue by at least 5%, effectively covering their 5% fee.
  2. Less Work for You: The service handles the complexities of pricing management, allowing you to focus on enhancing the guest experience.
  3. Expertise and Experience: Benefit from the team’s decade of experience and professional revenue management skills.
  4. No Guarantees, But High Commitment: While no specific revenue guarantees are offered, the service is committed to maximizing your property’s earning potential through constant market analysis and adjustments.

By delegating pricing management to experts, you can achieve higher revenue with less effort, benefiting from the service’s specialized knowledge and technology.

Our team at Revy manages pricing for properties in diverse locations around the world. We utilize local market data and insights to optimize pricing regardless of the property’s location, ensuring maximum revenue potential in any market.

During the onboarding process we will provide you the opportunity to tell us about your market and explain the unique aspects that impact your region.

We Can Serve Properties In These Countries

  • Canada
  • United States
  • United Kingdom
  • Mexico
  • France
  • Spain
  • Australia & New Zealand
  • Central America