Hotel revenue management outsourcing means an external team takes over the revenue manager role: daily rate and inventory decisions, restrictions, forecasting, distribution and reporting. You keep control of the hotel and see every decision; the work, the tools and the expertise are provided for a monthly fee instead of a salary.
Demand drivers in St. Louis: Cardinals and Blues seasons; Gateway Arch and Forest Park tourism; Washington University calendar; Conventions and medical travel. Typical guests: Regional visitors on 2 to 3 night stays, medical and corporate guests. Where the work starts: Game-day and event premiums, medical-stay weekly rates, and winter floors.
St. Louis hotels juggle convention groups at America's Center, sports fans, medical visitors and corporate travel tied to the large employers based in the region. We set group displacement rules around convention dates, keep a comp set split between downtown and the Central West End and Clayton, and protect transient inventory when a home stand overlaps a citywide event. Weekend leisure packages help fill the softer winter period.
The full service is described on our outsourced revenue management for hotels page; this page covers how it applies in St. Louis.