Driftwood Hospitality analyzes market demand, historical trends,
citywide and destination-wide trends and competitive pricing to
predict and maximize revenue potential. We measure success by growing
market share year-over-year and exceeding RevPAR goals. We are well
versed in the key processes for all major brands and optimize usage
to maximize profit. Our processes and philosophy are both consistent
and flexible to meet the needs of this dynamic aspect of our business.
The company’s revenue management programs focus on maximizing our
properties’ yield in rooms, food & beverage and ancillary revenue
departments. We focus on programs that help individual hotels maximize
their real revenue opportunities in meaningful, goal-oriented ways.
Revenue Management Enhancement
Driftwood Hospitality works tirelessly to maximize RevPAR at its
properties. Selling at the right price to the right customer at
the right time is the norm at our portfolio hotels. In these tough
times, we help every member of the property revenue management team
to reach the right pricing mix in order to compete effectively and
maximize potential revenues.
Revenue Management Training Programs
Our comprehensive training programs train hotel associates to look
at revenues from a “demand/supply” perspective. We work with our
Central Reservations operation to communicate the best rate and
availability strategy on a daily basis. This program includes computerized
reports which compare results, forecast, budget and prior year histories.
"RevMax" provides a simple, yet effective tool to manage
daily, weekly and future revenue objectives.
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