Revenue Management Is
FINANCE.
Our Solutions Include
Performance and Benchmarking
OUR Overview
Finance is the numerical representation of your business and the numbers don’t lie. Financial budgets, forecasts, actuals, and capital requirements are the before, during, and after of your growth strategy.
That’s where RevPARTY can leverage its vast knowledge and experience to help you navigate your revenue management journey. From inputs and planning to profit and review, finance is at the center of any revenue strategy. Finance is how RevPARTY aligns a revenue management strategy to your business strategy.
OUR APPROACH
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Every company has its own unique set of constraints: local regulation, business model, capital requirements, current technology stack, unique properties, particular market, and specific target guest. RevPARTY creates a rate plan that works for you.
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RevPARTY uses a data driven approach to get results. By focusing on both quantitative targets and leading indicators, we ensure that revenue management doesn’t become a game of trial and error. Whether its performance benchmarking or rate setting, we place the data into context to create actionable insights for your business.xt goes here
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Rates and availability are just one component that effects revenue. RevPARTY understands that rates are just one lever to reach your goal, more money. We can connect rates and availability to other disciplines of revenue management (distribution, listings, marketing, finance, operations, strategy, and reputation management) to improve your business as a whole. We consider every line of the P&L to improve your gross revenue, net revenue, and net profit.
OUR THOUGHT LEADERSHIP
RevPARTY strives to stay at the forefront of short-term rental revenue management and elevate the industry as a whole by setting the standard in revenue optimization. We regularly contribute thought leadership to the vacation rental community via articles, blogs, conferences, and reports.
Minimum Length of Stay Or minimum Revenue
Is a minimum length of stay (minLOS) hurting your bottom line?
OCCUPANCY BASED PRICInG
Occupancy based pricing may seem like a fair way to price but it ignores some fundamental truths about the vacation rental industry.
COMPAring competitive SETS
Everyone uses them, but knowing what they’re supposed to do and how they’re supposed to do it is essential.
OUR IMPACT
OUR IMPACT STORY
R2 Partners is a parent company to several subsidiaries in the real estate sector. Its a large company with deep pockets that looks to provide stable returns back to its investors.
R2 Partners had the opportunity to acquire a large, multi-use property in downtown Los Angeles but wasn’t sure it was the right move. Would it be profitable? What was fair market value? Is this a deal they should execute? With a big project and big money on the line, R2 Partners needed to know if this investment was right for them.
RevPARTY used a detailed pro forma based on past experience and industry standards to accurately capture all costs. Then, using techniques developed in-house, a three year forecast was generated which included launch, ramp-up, and stabilization. Finally, the size and scale was taken into account and market shocks (like political influence, recession, etc.) were modelled. All of this was combined into a Monte Carlo Simulation that not only produced hypothetical financials with the expected value but also assigned a probability to a range of outcomes.
This allowed R2 Partners to not only have a most probable scenario but to fully evaluate risk. They knew that odds they went bankrupt, they knew the chances of hitting a home run, and they knew they would probably land somewhere close to the expected value.
After taking all of this into account, R2 Partners decided not to invest in the opportunity. While it might sound more exciting if the case study ended with an executed deal and outstanding performance, knowing when not to do something is just as valuable. In this case, R2 Partners was able to save millions of dollars and move on to find other opportunities that would provide them a better return.
OUR Past Clients
“RevPARTY is amazing! We saw measurable results fast. Not only did they improve our revenue management program for an immediate impact; they strategically guided us in the industry through both their analytical methods and unique experience.”
“RevPARTY gave us the knowledge we needed to take our business to the next level and really become a top performer in our market.”
Our Door Is Always Open
If you think revenue management, strategic planning, and data analysis designed to maximize revenue and customized to your needs may be right for your company, fill out the form below and RevPARTY will contact you to collaborate on the best path forward.