Revenue management is basically getting and understanding relation between supply, demand, pricing and distribution by using different distribution channels to manage demand at minimum price. The hospitality industry can have a long term positive impact on their profitability. It is very difficult to compete with your competitors in today’s dynamic world. Revenue Management plays a very important role in retaining to grow the market shares. Revenue Management is forecasting the market demands and taking actions accordingly to maximize the profit by Yield Management, Channel management, pricing and etc
It is a computerized reservation software used to maintain the hotel information, room inventory and rates, to manage the reservation and process. A CRS provides hotel room rates and availability for many different distribution channels such as the GDS, IBE, OTA, 3rd party websites etc.
With higher degree of automation, WestBridge cloud-based property management system simplifies hotel operations and reduces dependency on manpower. Manual errors become a thing of the past as it helps you manage critical operations with ease. As a result of this, your staff gets enough time to focus on your guests’ requirements
WestBridge Hospitality Services offers specialist Asset Performance Review, Hotel Asset Management and other consultancy advisory services to Hotel, Resort and Club owners, operators, developers and investors or those wishing to become involved in the Hotel, Resort, club and hospitality industry.
A commercially attractive alternative to the traditional asset or resource heavy owner operator or direct management structure, third party hotel management with WestBridge Hospitality allows hotel companies to expand more rapidly into new territories through a lower-risk, asset-light franchise model.