Revenue Outsourcing

Do you need a Revenue Management expert to take charge of revenue optimization for your property?

Looking for a Revenue Management expert?

Revenue Management Outsourcing offers a cost-effective alternative to hiring a full-time Revenue Manager. With our service, you gain immediate access to experienced experts who
integrate seamlessly into your team. This collaboration improves the understanding and execution of Revenue Management strategies, boosting revenue and overall performance.

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Revenue Management Outsourcing: A Profitable Solution

At Taktikon, we are driven and results focused. We prioritize key tasks and swiftly implement Revenue Management strategies, adapting as needed while keeping long-term goals in sight. Regular follow ups ensure we stay on track, both short and long term.

With a team of experienced Revenue Managers, we provide top-tier service from day one, year-round guaranteeing support even during vacations or sick leave.

Our strategies are tailored to your property's specific needs, and by operating from Taktikon’s office, we deliver expert knowledge and flexibility from day one.

Achieve Optimal Results from Day One

Direct access to Taktikon's experienced Revenue Management experts guarantees that revenue optimization begins immediately, eliminating any delays from complex handover processes. We utilize the latest industry methods to help properties craft the most effective pricing and distribution strategies. This proactive approach ensures that your business maximizes its financial potential from day one, driving long-term profitability and growth through data-driven insights and tailored solutions.

Cost Savings

Outsourcing Revenue Management to Taktikon offers a highly cost-effective alternative to hiring a full-time Revenue Manager. Taktikon takes full responsibility for all Revenue Management tasks, allowing your property to benefit from expert strategies without the need for additional recruitment, training, or lengthy onboarding processes. Our approach ensures that your revenue potential is maximized while you focus on the core aspects of running your business.

Increasing Market Share

Taktikon's Revenue Management experts work diligently to give properties a significant edge over their competitors by being smarter and more skilled. Our goal is to increase revenues by at least three percent more than competitors. This is why benchmarking reports are a crucial part of our process.

More Focus on Sales and Operations

Running a hotel is complex and time-consuming. Revenue Management Outsourcing significantly reduces the workload. Taktikon handles Revenue Management in close collaboration with the on-site team, allowing the General Manager and department heads to concentrate more on optimizing the property's overall performance.

Taktikon’s Approach

We assist companies in defining their desired future state. Our approach is based on the PDCA process (Plan, Do, Check, Adjust), a continuous method that involves planning, implementing, evaluating, and adjusting in a cyclical process. Plan: We start with a thorough analysis of the current situation, including how Revenue Management is utilized, which key methods are measured, what is working well, what can be improved, what challenges exist, and whether they can be addressed.

Do: The next step involves testing our findings in practice. We implement small changes, evaluate the results, and make further improvements.

Check: Taktikon conducts ongoing checks to ensure that improvements are consistently tested in real-world scenarios.

Step 1: Revenue Management Audit Before starting a Revenue Management Outsourcing project, we always conduct a market analysis to optimize results in the best possible way. A Revenue Management audit may include the following components:

Analysis of pricing relative to review scores.

OTA (Online Travel Agency) performance report.

Market Mix analysis.

Benchmarking and Fair Share report.

Step 2: Implementation of Revenue Outsourcing To begin Revenue Management Outsourcing, Taktikon only requires access to various systems. Having completed numerous projects across Europe, we are familiar with most systems and do not require additional training.

Property Management System (PMS).

Channel Management System / Central Reservations System (CRS).

Rate Shopping Tools.

Benchmarking.

Step 3: We’re Up and Running Taktikon follows the Revenue Management Wheel, meaning we continuously test and evaluate our performance. This is how we have become, and continue to be, the best in our field.

Analysis: We start with a SWOT analysis, identify factors impacting demand, assess the company’s market position, examine customer behavior, review past sales results, and analyze benchmarking reports.

Forecast: We forecast demand by conducting a market forecast that considers factors affecting demand, lead times, and customer behavior.

Strategy: The analysis and forecast lead to the development of the optimal strategy. Here, we create the best possible pricing and distribution strategy and identify the optimal sales and marketing activities.

Implementation: We execute and communicate our strategy to relevant departments.

Evaluation: In this step, we analyze the results of our strategies to continually improve. What worked well? How can we use that insight to improve? What didn’t work as well? What have we learned from it?