Revenue Management Tongue-Twisters. Do you have what it takes? — Photo by Infinito

We do LOOOOOVVVEEEE our acronyms, no? ADR, RevPAR and to anyone outside the industry it feels like we are speaking in tongue. Well, we kinda are.

But let’s put it to the test. All modelled around the how much wood could …. with the little help of Chatty.

Let’s see if you can get through these without tripping over your own words. Ready? Go!

Revenue Management

How much RevPAR could a revenue pro raise if a revenue pro could raise RevPAR?

If revenue, rooms, and rates could rapidly rise, how many revenue-raising rooms with right rates would rise?

Pricing

If a price can be too high, too low, or just right, what price should a price-proud property price?

Minimum Length of Stay (MLOS)

If a minimum stay must stay a minimum, how minimal must the minimum stay stay?

Forecasting

If forecasts can be false or fine-tuned, how finely must a forecast be fixed to feel factually firm?

Budgeting

If budgeting is based on best-guess business, how bad must a budget be before it’s basically broken?

Rate Parity

If rates must remain right and revenue right-sized, how rightly must rates remain to remain rightly revenue-rich?

Love,
Fabi

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Revenue Management