Revenue Management Auditing

Revenue by HRM - Hotel Revenue Management Consultants

Hotel Revenue Management Auditing

Our comprehensive Revenue Management Audit is the result of years of expertise and industry insight. With our unique “RPO” approach, we provide a detailed evaluation of your entire revenue management strategy and internal processes, highlighting both strengths and areas for improvement.

Our Revenue Audit is designed to secure and grow your hotel’s total revenue across all streams, providing a clear path to long-term success.

The audit is broken into three core components:

Protecting REVENUE

We perform a thorough assessment of how well your team safeguards your hotel's revenue. This includes an in-depth review of your Property Management System (PMS) to scrutinise PM accounts, A/R accounts, holding deposit practices, gift voucher accounting, and more. We ensure your cancellation and deposit policies are optimised, and that ineffective processes aren’t costing you money.

Increasing PROFITABILITY

By conducting a comprehensive market analysis, we identify actionable opportunities to enhance both your top and bottom line. Our review extends beyond transient public rates, encompassing rate plans, packages, corporate-negotiated rates, commissions, and internal allocations, ensuring every avenue of profitability is maximised.

Driving OCCUPANCY

We analyse all distribution channels and explore new markets with growth potential. Our recommendations aim to boost direct bookings through your website, while also optimising Online Travel Agency (OTA) strategies. We’ll help you tap into untapped markets and create actionable plans to drive occupancy.

Schedule a call to find out more about how our revenue audit can increase both your top and bottom line revenue.