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Reputation Management
Review Pro – Reputation Drives
           Revenue
           Laura Fleury MBA 2A
What is the relationship between QGI +
revenue gains?
   Growing the trend for individuals to share their hotels experiences with others on
    Internet. Review websites and social media platforms, to help to better understand hotels
    online performance and to gives advices and improve the reputation. All these can
    increase the hotels demands, and also increase the price to find all customers.

   Users content is a very important part of the research process

   Increase prices with the better reputation

   Can increase the hotel demand

   Can have an impact on customers (Social media, ranking and comments, attractive
    website, online videos, newsletters, email and brochures, online booking, sharing
    experiences via social media) etc…
What person/position, in the hotel, is responsible for
analysis of pricing changes based on quality index
changes
     In an hotel, first of all, it is the job of the reservation manager but also with the person in
     charge of the revenue management because of his knowledge in the occupancy, rates, etc..

     Technical aspects are very important and also all the part of online marketing. To be able to
     integrated and analyzed all information about prices, sales, quality, etc…

1)     Reservation Manager

2)      Revenue Manager

3)      Sales Manager

The hotel industry is full of uncertainty, sales can depend on a complex of factors that can be
affected by anything from customers service to bad weather. Because of this, it is crucial to remain
very attentive, strategic, when it comes to hotel revenue management practices.
What new measurement will be used to
measure quality scores to revenue performance
   Before: Occupancy Index, Average Index and RevPAR Index

   Now: (QPI) Quality Penetration Index

    (QPI) = Global Review Index of my hotel / Average Global Review Index of
    competitors

   Why? Because It can help the hoteliers to find the best marketing place and
    also to help them in the finding oh all their opportunities
   It is to combine the use of traditional hotel management practices with a new
    waves of technology to obtain optimum results.

   There is no doubt that pricing has always played a significant role in driving both
    occupancy and RevPAR. Nowadays, it is the most favorable rate to offer a
    potential customer, one that will stimulate enough demand to stimulate
    occupancy while not leaving a too law ADR (Average Daily rate)

    Now, hotels have to adapt their revenue management approaches that work
    best to distinguished themselves as the use of best practices. These strategies
    integrate in real time the automated distribution, pricing and yielding, while
    benchmarking against all competing hotels in a destination.
Is ORM the Revenue Maximization of the
future? Yes - why, no - why not
    Because, with the reputation management, they can find the best
    positioning for their hotel, they can also adapt their strategy In order to
    increase their revenue. It is a perfect tool for hoteliers, they are able to
    manage perfectly their hotel. Now, it is a new technology that is very
    important and become essential for hoteliers and will be progressively
    replace the role of revenue manager.

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Rm

  • 1. Reputation Management Review Pro – Reputation Drives Revenue Laura Fleury MBA 2A
  • 2. What is the relationship between QGI + revenue gains?  Growing the trend for individuals to share their hotels experiences with others on Internet. Review websites and social media platforms, to help to better understand hotels online performance and to gives advices and improve the reputation. All these can increase the hotels demands, and also increase the price to find all customers.  Users content is a very important part of the research process  Increase prices with the better reputation  Can increase the hotel demand  Can have an impact on customers (Social media, ranking and comments, attractive website, online videos, newsletters, email and brochures, online booking, sharing experiences via social media) etc…
  • 3. What person/position, in the hotel, is responsible for analysis of pricing changes based on quality index changes  In an hotel, first of all, it is the job of the reservation manager but also with the person in charge of the revenue management because of his knowledge in the occupancy, rates, etc..  Technical aspects are very important and also all the part of online marketing. To be able to integrated and analyzed all information about prices, sales, quality, etc… 1) Reservation Manager 2) Revenue Manager 3) Sales Manager The hotel industry is full of uncertainty, sales can depend on a complex of factors that can be affected by anything from customers service to bad weather. Because of this, it is crucial to remain very attentive, strategic, when it comes to hotel revenue management practices.
  • 4. What new measurement will be used to measure quality scores to revenue performance  Before: Occupancy Index, Average Index and RevPAR Index  Now: (QPI) Quality Penetration Index  (QPI) = Global Review Index of my hotel / Average Global Review Index of competitors  Why? Because It can help the hoteliers to find the best marketing place and also to help them in the finding oh all their opportunities
  • 5. It is to combine the use of traditional hotel management practices with a new waves of technology to obtain optimum results.  There is no doubt that pricing has always played a significant role in driving both occupancy and RevPAR. Nowadays, it is the most favorable rate to offer a potential customer, one that will stimulate enough demand to stimulate occupancy while not leaving a too law ADR (Average Daily rate)  Now, hotels have to adapt their revenue management approaches that work best to distinguished themselves as the use of best practices. These strategies integrate in real time the automated distribution, pricing and yielding, while benchmarking against all competing hotels in a destination.
  • 6. Is ORM the Revenue Maximization of the future? Yes - why, no - why not  Because, with the reputation management, they can find the best positioning for their hotel, they can also adapt their strategy In order to increase their revenue. It is a perfect tool for hoteliers, they are able to manage perfectly their hotel. Now, it is a new technology that is very important and become essential for hoteliers and will be progressively replace the role of revenue manager.