Hotel revenue management consulting is an independent review of how a hotel prices, distributes and forecasts its rooms, followed by the strategy, calendar, reports and training to earn more from the same inventory. Unlike outsourced revenue management, the consultant does not make the daily decisions; your team does, with a better plan.
Demand drivers in Buffalo: Niagara Falls State Park and the Maid of the Mist; Buffalo Bills and Sabres home games; Canalside, the Buffalo waterfront and architecture tourism; Cross-border travel to Canada. Typical guests: Falls sightseers and international visitors on 1 to 2 night stays, Bills fans on game weekends, and families. Where the work starts: Summer Falls premiums, game-weekend pricing, and winter floors.
Hotels on the American side compete for coach tours, international visitors and drive-in families who compare them directly with Canadian properties across the river. Buffalo hotels mix medical campus visitors, corporate travel, hockey and football fans and university events. We separate the Falls comp set from Buffalo's, follow Canadian side rates as a reference for summer pricing, and protect transient rooms on game weekends before releasing group blocks at discounted rates.
The full service is described on our hotel revenue management consulting page; this page covers how it applies in Buffalo.