January will undoubtedly see a surge in bookings as people start to plan their spring and summer holidays. But the first quarter of 2022 will be different from 2021 in many ways. 

Firstly, we can finally plan ahead with a full year of vaccine rollouts behind us and eased travel restrictions. We can trust distribution and revenue data from 2021 as a good indicator to inform our decisions about the future. 

At the same time, property managers who had a record-breaking year will undoubtedly shoot even higher in 2022. This will make lowering rates to increase occupancy difficult, so they will have to find other ways to ensure a steady stream of bookings. 

We want to help you start the year off right. So we’re hosting a webinar where revenue management experts Doug Truitt (Rentals United) and John DeRoulet (Wheelhouse), hosts of the RevBytes Podcast, will give you their best tips for revenue success in 2022. 

Join us on Thursday, December 9th at 6:00 pm CET and learn from the best in the business.

Revenue Success

What will you learn in this webinar?

Since we’re big believers in making your distribution and revenue strategies work together, this webinar will touch on both these aspects of revenue success. 

You will learn how to take advantage of the end-of-the-year downtime to prepare for the Q1 heavy booking season.

Here’s a sneak peek into the topics we’ll cover:

How to improve your distribution in 2022

  • Optimising your listings for spring break/summer bookings.
  • Speaking with homeowners to ensure availability for in-demand dates.
  • Developing a plan to leverage your top-converting channels.

“Look at historical data from last year to see what channels drove the most bookings, ADR and occupancy for your business and develop a plan to leverage that again.” – Doug

How to approach revenue management in 2022

  • Preparing for increased budgeted revenue goals in the New Year.
  • Using historical data from 2021 (ADR, LOS, ABV, and Nights Sold) to inform your revenue management strategy in 2022.
  • Adjusting your MLOS restrictions based on booking window to stimulate occupancy.

“With 2021 being a record revenue year for a lot of property managers, I would not be surprised to see companies increasing their budgeted revenue goals for 2022. Preparation for tackling this should focus on daily pickup for known demand dates/seasons like spring break and summer.” – Doug

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Who should join this webinar?

This webinar is for all property managers who want to learn how to use data to inform their revenue management decisions in the New Year.

Whether you want to keep up the momentum of this record-breaking year or increase your bookings after a slower period, this webinar is for you. 

How can you join the webinar?

This event will be held online on Thursday, December 9th, at 6:00 pm CET.  It’s free to join by signing up through this link.

Revenue Success

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