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IHG Revenue

1 de Apr de 2023
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IHG Revenue

  1. IHG® Revenue Services Your partner in Revenue Management
  2. AMERICAS 2,521 hotels IMEA 59 hotels EUROPE 146 hotels JAPAC 89 hotels GC 208 hotels We have been providing centralized revenue resources for over 20 years Data as of March 2022 3,000+ Hotels globally IHG Revenue Services Why IHG Revenue Services? SEAK 50 hotels
  3. Skillset of Revenue Managers have changed from Planning and Rate Management to driving a holistic commercial strategy The landscape has become complex creating a need to have a team of experts driving the revenue strategy. Limited Data Sources Multiple and complex Variable (Distribution landscape, Systems, new tech, …) Growing Complexity Single Factor (Rooms) Multiple Factors (Total revenue) Revenue optimisation Then Now Then Now Then Now Basic Pricing Management Commercially Driven Pricing Strategy Pricing technique Why IHG Revenue Services? More than ever before, Revenue Management requires a Strong Expertise to drive complex commercial Strategies
  4. In 2021 IHG Revenue Services Hotels outperformed other hotels on both RGI and RGD 2021 market share (RGI) +8.2 RGI points IHG Revenue Services Why IHG Revenue Services? Hotels not on IHG Revenue Services IHG Revenue Service Hotels IHG Revenue Services Hotels Track Record of Outperformance 96.6 104.8 -6.70% 0.10% -7.00% -5.00% -3.00% -1.00% 1.00% 3.00% 5.00% 96 98 100 102 104 106
  5. IHG Revenue Services Why IHG Revenue Services? Higher Profitability Hotels in IHG revenue service have proven to manage better their market mixes and distribution channels with a higher NetRevpar & NetRevpar growth performance post Pandemic vs compset* NetRevpar = Revenue – Distribution Costs Hotels not on IHG Revenue Services IHG Revenue Service Hotels 84 140 39.20% 68.50% 35.00% 45.00% 55.00% 65.00% 75.00% 85.00% 95.00% 50 60 70 80 90 100 110 120 130 140 150 NetRevpar Index NetRevpar Index Growth +56 NetRevPar Index Pts *Hotstats Hospitality Intelligence data
  6. IHG Revenue Services IHG Revenue Services Your partners in revenue management IHG Revenue Services team scores higher than average in recent independent benchmarking against other large hotel organisations. External team assessment Regional Summary – South East Asia and Korea Score in South East Asia were in general far stronger than the market average with 5 of the 11 test takers scoring in the top 30% of the regional database. No test taker scored lower than the 40th percentile which indicates a consistency high competency level across the business unit Top 30%
  7. Hotel Revenue Manager VS IHG Revenue Talent 1–2 people > An organisation of revenue experts, synergy & Collaboration, sharing skills & best practices Annual leave / sick pay / Turnover affects business continuity > Always-on, continuity of knowledge, stability Requires training at hotel’s expense > Continuously assessed and trained at IHG’s expense Subject to talent availability and capability in market > Skilled at leveraging IHG’s proprietary systems and tools to drive performance Full head count & recruitment costs > Highly performing team at reduced cost 30% Average Cost Reduction Cluster benefits
  8. IHG Revenue Services When you partner with us… “We couldn't ask for better support. The numbers speak for themselves.” Holiday Inn Express Skilled and trained in the latest systems and updates. We never stop learning! Access to a whole organisation of revenue experts with a variety of tailored tools and platforms for your business’ success Behind each revenue manager is a full team to support you whenever you need us You will be working with a dedicated and skilled team of revenue managers who will work collaboratively and flexibly to ensure we find the right solution for you, and your hotels’ needs.
  9. IHG Revenue Services Our Solution “Exceptional in their role and supports the hotel and listens to any challenges. Is most supportive in every way, respectful and patient and brings a valuable additional perspective to the business.” Hotel Indigo
  10. We offer a solution to support a variety of diverse hotel needs IHG Revenue Services Our solution • From large complex hotels & resorts to small hotels in provincial cities to major capital cities • From hotel owner groups to standalone property • Hotels with own revenue structure looking for Strategic support • Depending on your hotel profile, we have team expert in Luxury, Midscale or Economy brands
  11. Core service levels RevManage Premium Full Support on pricing, yielding, segmentation mix optimisation and key events, and weekly calls to provide guidance on long term strategies to grow RGI Recommended for: All hotels in larger cities with complex business mix IHG Revenue Services Our solution RevAdvise Strategic Daily Reporting support, weekly strategy guidance, system optimisation and enhanced strategic performance approach Recommended for: Less complex hotels with on-site RM leader, needing of close strategic support on a weekly basis RevAssist Essential Monthly calls focussing on positioning the retail pricing strategy and optimising the business mix, exclusive reporting support Recommended for: Hotels/owners whose aim is to improve long-term strategic focus
  12. © 2017 IHG 12 There is support at every step SYSTEM IMPLEMENTATION STRATEGIC ANALYSIS FORECASTING GROUP STRATEGY NEW HOTEL OPENING SUPPORT
  13. IHG Revenue Services Business Cases “Exceptional in their role and supports the hotel and listens to any challenges. Is most supportive in every way, respectful and patient and brings a valuable additional perspective to the business.” Hotel Indigo
  14. ©2021 IHG 14 • Holiday Inn Pattaya RevPar performed above market and compset in 2019. This was driven both through Occupancy and ADR. • Occupancy Index standing at 111.3 declining slightly by 0.5% YOY. • ADR finished the year at 107.9 improving by 1.5% YOY • The hotel achieved a strong ADR performance by driving IHG Channel contribution, reducing dependency on Static rates and reducing and yielding on weekends S E C T I O N T I T L E Holiday Inn Pattaya Performance Snapshot 2019 RGI 120.1 RGI YOY 1.0%
  15. Thank You We look forward being your Partner in Revenue Management IHG Revenue Services
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