About Remko West

As COO and Co-Founder of Xotels, Remko West has made it his mission to help independent hotels become market leaders. Remko acquired significant experience in the hospitality industry, fulfilling senior positions at Expedia, Hotels.com, eRevMax, Park Plaza Hotels and IHG. Specializing in hotel operations revenue management, business development, distribution, and hospitality technology, he uses his expertise and extensive background to deliver results to each client as well as driving performance internally at Xotels.

Current Industry Challenges and Future Outlook – Revenue Management for Apartments and Vacation Rental Businesses

Current Industry Challenges and Future Outlook - Revenue Management for Apartments and Vacation Rental Businesses

It is no news that the vacation rental business has exploded worldwide thanks to the sharing economy. With the industry generating billions and billions of revenue per year, providers for related services have popped up like mushrooms. To be able to separate the wheat from the chaff we have composed a number of basic principles that apply to revenue management for vacation rental business or apartments.

Building the Newest Generation of Yield and Pricing Tools in the Hotel Industry

Building the newest generation of yield and pricing tools in the hotel industry

Continuously rethinking revenue management, I have come to the point where I wanted to build a revenue management and pricing solution myself. One of the crucial elements was the recommended pricing. Together with two revenue management teams and technology specialists, we have established a significant list of elements that we wanted to incorporate when it comes down to how we decided on any price for any given day.

The list of elements keeps on expanding and it seems never ending, as we add new elements on a regular basis.

So, if you are thinking of adding new elements in the way you decide on your price strategy, here’s a bunch of ideas to play with.

Go to Top