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Kathleen Reidenbach Vice President Revenue Management & Distribution Kimpton Hotels & Restaurants Group, LLC
KIMPTON HOTELS & RESTAURANTS
 
KIMPTON HOTELS OUTSCORE INDUSTRY GIANTS ,[object Object],[object Object],[object Object]
Mission:  Red Ribbon non-profit organizations provide support to people living with HIV and education to prevent the spread of the disease. Mission:   Dress for Success (DFS) is an international non-profit organization that provides business attire and career development to support low-income women transitioning into the workforce.  Kimpton is the exclusive hospitality sponsor of DFS Mission:  The Trust for Public Land (TPL) is a national, nonprofit, land conservation organization that conserves land for people to enjoy as parks, community gardens, historic sites, rural lands, and other natural places, ensuring livable communities for generations to come.
 
 
 
 
 
Kathleen Reidenbach Vice President Revenue Management & Distribution Kimpton Hotels & Restaurants Group, LLC 6 WAYS TO MAXIMIZE REVENUE IN 2008
Revenue Management Pricing Strategy  Infrastructure Call Center Services & Support Online Marketing Social Media Agenda
Agenda Revenue Management Pricing Strategy  Infrastructure Call Center Services & Support Online Marketing Social Media
What is Revenue Management? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key Performance Measures Occupancy %: Number of occupied rooms as a percentage of available rooms Average Daily Rate (ADR): Total room revenue divided by number of  occupied rooms Revenue per Available Room (RevPAR): Total room revenue divided by total  available rooms OR occupancy % x ADR
Agenda Revenue Management Pricing & Promotion Strategy  Infrastructure Call Center Services & Support Online Marketing Social Media
Pricing & Promotion Strategy -Forecast Demand -Customer Segmentation -Length of Stay Pricing -Packaging & Promotion
 
Guest selects desired Upgrade(s) Explanation of Upgrade Request Process  eStandby Upgrade Promotion powered by Nor1
Agenda Revenue Management Pricing & Promotion Strategy   Infrastructure Call Center Services & Support Online Marketing Social Media
Human Resources and Management Team ,[object Object],[object Object],[object Object],[object Object]
Integrated, Automated Technology ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Agenda Revenue Management Pricing & Promotion Strategy   Infrastructure Call Center Services & Support Online Marketing Social Media
Call Center Services & Online Response Team ,[object Object],[object Object],[object Object]
Agenda Revenue Management Pricing Strategy   Infrastructure Call Center Services & Support Online Marketing Social Media
Comprehensive Online Presence and Proactive eStrategy
-Content Management -Images & Virtual Tours -SEO/PPC -eMarketing Partnerships & Distribution Online Marketing
 
 
 
Agenda Revenue Management Pricing Strategy   Infrastructure Call Center Services & Support Online Marketing Social Media
Social Media Facebook/MySpace Blogs and ‘Flogs’ Virtual Worlds Guestbook
 
[object Object],[object Object],[object Object],[object Object]
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Dynamic, fast paced world of Revenue Management & Distribution Consumer trends and expectations are high - Answer the phone…Call me back NOW - Photos and Image Galleries make a BIG difference - Unofficial Content WINS every time Leverage resources to impact opportunities within  major  market segments with the biggest ROI Keep it simple Summary
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Revenue Management and Marketing - Lessons from the Hotel Industry

  • 1. Kathleen Reidenbach Vice President Revenue Management & Distribution Kimpton Hotels & Restaurants Group, LLC
  • 2. KIMPTON HOTELS & RESTAURANTS
  • 3.  
  • 4.
  • 5. Mission: Red Ribbon non-profit organizations provide support to people living with HIV and education to prevent the spread of the disease. Mission: Dress for Success (DFS) is an international non-profit organization that provides business attire and career development to support low-income women transitioning into the workforce. Kimpton is the exclusive hospitality sponsor of DFS Mission: The Trust for Public Land (TPL) is a national, nonprofit, land conservation organization that conserves land for people to enjoy as parks, community gardens, historic sites, rural lands, and other natural places, ensuring livable communities for generations to come.
  • 6.  
  • 7.  
  • 8.  
  • 9.  
  • 10.  
  • 11. Kathleen Reidenbach Vice President Revenue Management & Distribution Kimpton Hotels & Restaurants Group, LLC 6 WAYS TO MAXIMIZE REVENUE IN 2008
  • 12. Revenue Management Pricing Strategy Infrastructure Call Center Services & Support Online Marketing Social Media Agenda
  • 13. Agenda Revenue Management Pricing Strategy Infrastructure Call Center Services & Support Online Marketing Social Media
  • 14.
  • 15. Key Performance Measures Occupancy %: Number of occupied rooms as a percentage of available rooms Average Daily Rate (ADR): Total room revenue divided by number of occupied rooms Revenue per Available Room (RevPAR): Total room revenue divided by total available rooms OR occupancy % x ADR
  • 16. Agenda Revenue Management Pricing & Promotion Strategy Infrastructure Call Center Services & Support Online Marketing Social Media
  • 17. Pricing & Promotion Strategy -Forecast Demand -Customer Segmentation -Length of Stay Pricing -Packaging & Promotion
  • 18.  
  • 19. Guest selects desired Upgrade(s) Explanation of Upgrade Request Process eStandby Upgrade Promotion powered by Nor1
  • 20. Agenda Revenue Management Pricing & Promotion Strategy Infrastructure Call Center Services & Support Online Marketing Social Media
  • 21.
  • 22.
  • 23. Agenda Revenue Management Pricing & Promotion Strategy Infrastructure Call Center Services & Support Online Marketing Social Media
  • 24.
  • 25. Agenda Revenue Management Pricing Strategy Infrastructure Call Center Services & Support Online Marketing Social Media
  • 26. Comprehensive Online Presence and Proactive eStrategy
  • 27. -Content Management -Images & Virtual Tours -SEO/PPC -eMarketing Partnerships & Distribution Online Marketing
  • 28.  
  • 29.  
  • 30.  
  • 31. Agenda Revenue Management Pricing Strategy Infrastructure Call Center Services & Support Online Marketing Social Media
  • 32. Social Media Facebook/MySpace Blogs and ‘Flogs’ Virtual Worlds Guestbook
  • 33.  
  • 34.
  • 37. Dynamic, fast paced world of Revenue Management & Distribution Consumer trends and expectations are high - Answer the phone…Call me back NOW - Photos and Image Galleries make a BIG difference - Unofficial Content WINS every time Leverage resources to impact opportunities within major market segments with the biggest ROI Keep it simple Summary