Mihran Kalaydjian Hospitality Advisors takes a proactive approach in the development and implementation of Revenue Management and eCommerce strategies and best practices that directly result in strong RevPAR contributions at each hotel. Our Revenue Management Leaders are industry experts who continue to drive this discipline to new heights every day. Our entrepreneurial spirit supports the initiatives of our brand partners while aggressively pursuing new and unique Internet strategies with a vast eCommerce footprint.
Mihran Kalaydjian Hospitality Advisors believes that it is our responsibility to provide continual training and development to facilitate our talent reaching their full potential. We believe in a collaborative approach, openly encouraging communications of knowledge, experiences, and best practice, while ensuring opportunities to gain and refine industry skills are always available. It is this passion and drive that challenges all of our hotels to be the best in their market.
philosophy that opposes discounting strategies and instead employs professional hospitality revenue management techniques that result in maximizing sales and profits alike.
provided the analysis, strategies, processes and expertise to infuse revenue management at the property level. Learning how to sell the right room, at the right price, at the right time, through the proper reservation channels are the key ingredients to maximizing revenue management.
A key strategic priority for Mihran Kalaydjian Hospitality advisors is driving the highest profitable revenue, resulting in continuous market share growth across our portfolio.
Our award winning Revenue Management team has pioneered an innovative and detailed approach to driving results that includes strategic identification, dynamic pricing, and advanced inventory capabilities across all segments. Working in concert with our Sales, Marketing, and e-Commerce professionals, our Revenue Management team leverages the strength of our brands with our in-house optimization tools that allow for in depth strategic winning strategies across our full service, select service, independent and extended stay brands.
Mihran Kalaydjian Hospitality Advisors analyzes market demand, historical trends, city-wide and destination-wide trends – as well as competitive pricing – in order 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 philosophies are both consistent and flexible, meeting the needs of this dynamic aspect of our business and yours.
Our revenue management programs focus on maximizing properties' yield in rooms, food and beverage and ancillary revenue departments. We focus on programs that help individual hotels maximize their real revenue opportunities in meaningful, adaptable, goal-oriented ways.
Mihran Kalaydjian Hospitality Advisors provides remarkable lodging choices for discerning travelers. Supporting its unique collection of hotels, resorts, inns, and lodges with superior operations, finance and marketing expertise, Coastal Hotel Group is one of the most highly regarded and sought-after hospitality management firms.
A key strategic priority for Mihran Kalaydjian Hospitality Advisors is driving the highest profitable revenue, resulting in continuous market share growth across our portfolio. Our award winning Revenue Management team has pioneered an innovative and detailed approach to driving results that includes strategic identification, dynamic pricing, and advanced inventory capabilities across all segments. Working in concert with our Sales, Marketing, and e-Commerce professionals, our Revenue Management team leverages the strength of our brands with our in-house optimization tools that allow for in depth strategic winning strategies across our full service, select service, independent and extended stay brands.
Our remote revenue management service provides experienced, skilled revenue assurance managers focused on distribution management, Rev Par performance and daily hotel revenue management support.
We understand the challenges of hotel revenue management and how time consuming it can be – rate parity issues, over-sold room types, selling the wrong rates at the wrong times, missing rate hurdles or fences to avoid spikes, forgetting to close-out in time, remembering extranet logins, etc. To achieve your fair share of the market takes time, talent and a firm understanding of those distribution channels that can produce at any level of demand.
With the highest revenue management performers in the hotel industry, exceptional revenue hotel achievements, cutting-edge hotel revenue methods and remarkable hotel revenue tactics & strategies, we will boost and grow your hotel revenue at a surprising pace, and take you to a leading position in your marketplace.
Consistent focus revolving around the fundamentals of pricing, inventory controls, segmentation analysis, forecasting and demand generation.