Revenue Manager Roundtable #4 discussed strategies for dealing with current market conditions, including booking windows, seasonality, supply and demand, pricing, reviews, fee structures, and the coordination between revenue management, marketing, and distribution.
Our guests included:
- Heather Richer, Founder of RicherLogic
- Tom Lyons, CRO of Casago
- Destiny Baker, Revenue Manager at Oak Island Accommodations
- Meaghan Moylan, Revenue Manager at Outpost
Key Discussion Topics:
- Market Dynamics: An overview of key market dynamics such as booking windows, seasonality, supply and demand, pricing, and the impact of reviews.
- Coordination among Functions: The significance of coordinating revenue management, marketing, and distribution is highlighted.
- Analysis of Competition: The importance of understanding and analyzing the competition in the vacation rental industry.
- Effective Fee Structures: The impact of effective fee structures in driving overall revenue.
