Respect the Revenue Managers
Most meeting planners don’t have much to do with a hotel’s revenue manager, but they do need to know that person’s role: “The revenue manager’s job is to drive rate; that’s all they are about,” said Vachon. While revenue managers are not involved in evaluating concessions, they are responsible for RevPAR, or revenue per available room. This includes items like food and beverage spend and space rental, but remember that room rates will always ...
Register for Complete Access (Valid Email Required)
By registering on MeetingsNet now, you'll not only gain access to How to Negotiate Meeting Contracts, you'll get exclusive access to a large archive of premium content.