ASPECTS WE ANALYZE
DISTRIBUTION CHANNELS
Use them or be used! Each channel is a different world, all allow internal adjustments to bend them to our favor. Are we present in all? There are always one or two missing. Synchronize with your system!
REVENUE MANAGEMENT / PRICING
Not having the correct sales strategy is very expensive. What data should we collect? What readings/changes make with them? Use rateshoppers and yield managers. Keyword: Segmentation.
REPUTATION
More than 60% of the customers read reviews before buying. Do we make monthly reports to guide us? Do we answer reviews with the +15 rules? Staff involved? Keyword: Goals
BOOKING ENGINE / WEBSITE
Here we are the competitors to our distribution channels, sales without commission are very welcome. Do we have the best conditions here? Is it totally conversion oriented? Do we measure?
FINANCE
Without order in the numbers we can not know where to adjust. Do we have a detailed month-end closing with no errors? Cross check the payments in system vs bank accounts? A forecast of income/outcome is key
AND MORE…
We also study new hostel business prospects, automatic email communication with each client, procedure billing department, extra products / services, cost reduction, among others
SOME CUSTOMERS ALONG THE YEARS
We have worked with hostels in different countries, we learned from the variety