Hotelier Huddle
Mike Godfrey on Filters, Shoulders, and Trusting Pace: 🚗 Career Journey Across Two Facets of Travel 🎯 The Car Rental Lesson: Embracing Minimum Length of Stay 🔧 Minimum Stay as Filter, Not Force 😰 Don't Panic Over Empty Books 📊 Focus on What Matters 🚛 The "Jargon Junkie Crap Truck" Moment Host: Shannon Knapp Producer: Heidi Egger Need help developing your hotel team’s revenue management and commercial skills? Visit www.sknappconsulting.com CHAPTERS 00:00 Intro to Revenue Management and Guest Background 04:39 Comparing Revenue Management in Hotels and Car Rentals 07:20 Adapting Yield Management Techniques from Car Rentals to Hotels 10:44 The Importance of Length of Stay Controls 13:55 Understanding Booking Pace and Demand Management 18:57 Evolving Metrics in Revenue Management 23:42 Defining Events and Their Impact on Revenue 26:48 Communicating Revenue Strategies to Owners and GMs 31:26 Final Toast to Hoteliers and Career Reflections
18 episodios
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