We look at strategy and planning as prep work you need to effectively manage and take advantage of travel patterns.
Lion's Share Revenue can help create action plans that ensure you have the best possible chance to achieve your revenue goals. By understanding market trends and then implementing relevant pricing strategies your property will be more appealing and therefore generate more bookings.
What does this look like in practice? It means:
Having multiple revenue generating opportunities in place to support your sales through unplanned events that disrupt the normal flow of business.
Applying relevant policies and operating requirements that help lower the risk attached to e-commerce.
Creating standardized operating procedures (SOPs) that prevent your business from slowing down. This could happen from hiring new staff, suspensions of services due to late payment, wrong rates being loaded, etc.