In the first episode, John and Keegan kick off a series on Revenue Management with a focus on their real-live portfolio in Charleston.
They delve into market research, trend analysis, workspace setup, decision-making based on sales data, and the creation of unit groups.
Key Learnings:
- Market Research and Trend Analysis: The importance of researching the market area and analyzing trends.
- Workspace Setup and Decision-Making: Insights into setting up the Wheelhouse workspace.
- Creation of Unit Groups: Creating groups for different types of units to streamline revenue management strategies.
- Sales-Driven Decision Making: Thinking through potential adjustments based on sales production.
