Online Seminar on Revenue Management
Calgary, Alberta, Canada — January 24, 2005 — Vantis, the largest provider of marketing and revenue generation services for independent hotels, car rental companies and airlines, and Buckhiester Management USA Inc., a revenue management industry leader, are pleased to offer a seven-session webinar (seminars accessed via the Internet) to walk hotels through the key components of successful revenue management in today’s rapidly changing environment.
The webinar series is a condensed version of REVRoadMapTM, the revenue management process created and taught by Buckhiester Management, and will run throughout the month of February for a cost of $799 USD.
“The Vantis/Buckhiester webinar presents a unique learning opportunity for hotels,” said Kelly Blake, president of Vantis. “The sessions are an extremely cost-effective way for our clients to gain a solid understanding of the fundamentals of revenue management and learn the steps that will help them optimize their profitable revenue. This is an educational session from which, after participating, hotels will continue to reap the benefits well into the future.”
The sessions are being offered over the Internet, making them accessible to all hotels and open to entire teams at any given property, as opposed to one or two individuals only.
“The set-up is ideal for hotels,” said Rita Emmer, Vantis’ vice president of strategic development. “We encourage properties to book a conference room, hook up a projector and invite their entire revenue management teams to participate. Compare this to the cost of sending even just one or two individuals to a training session, where traveling costs would also be incurred, and it is definitely an opportunity not to be passed up.”
Each session focuses on one of the critical components of the revenue management cycle: new fundamentals of revenue management, product definition, competitive benchmarking, strategic pricing, forecasting, business mix manipulation and distribution. Buckhiester Management USA Inc. has incorporated these seven principles in its teachings to the hotel industry for the past 10 years.
“We believe that establishing these principles as the foundation of any hotels revenue management process is the first step in developing a core competency in the discipline of revenue management,” commented Bonnie Buckhiester, president of Buckhiester USA Inc. “There is no question that businesses that successfully practice revenue management now and in the future will have a distinct competitive advantage in the marketplace.”
The seven sessions are each one-hour in length and will run on Tuesdays and Thursdays from Feb. 1-22, 2005. Space is limited to 30 sites and preference will be given to teams, so clients are encouraged to register early.
To learn more about the Vantis/Buckhiester revenue management webinar and to register, visit http://www.vantiscorp.com/hotel/products/revenue/webinars.php.
Vantis is a marketing and revenue management consulting organization for hotels, car rental companies and airlines. Founded in 1979, the privately held Calgary, Alberta-based firm partners with its clients to optimize their profitable revenue. Vantis offers clients a range of products and services in areas such as revenue management, marketing, channel management, website solutions and voice reservations to ensure they consistently use their most profitable business mix. The company helps clients sell the right hotel room, rental car or airplane seat to the right person at the right price for optimum profitability. With more than 5,000 clients worldwide, Vantis is the industry's largest provider of reservation sales services. The organization is a central distribution point to every viable Internet booking site and to all of the major GDS, including Sabre, Galileo, Pegasus, WorldRes, Amadeus and Worldspan. Vantis has U.S. headquarters in Dallas, Texas and significant development office presence in a number of cities around the world, including Denver, London, Berlin, Sydney and Hong Kong.
About Buckhiester Management USA Inc.
Buckhiester Management USA Inc. enables the hospitality industry to predict real-time customer demand and maximize revenues by combining industry expertise with its easy to use, hands-on toolkit REVolution™. Buckhiester USA’s innovative yet practical approach to Revenue Management yields significant incremental revenues. Buckhiester USA combines a unique blend of proprietary tools and process with a proven approach to adult education. Clients include Fairmont Hotels & Resorts, Westin, Marriott, Pan Pacific, Intrawest Resort Group, Radisson, Coast Hotels, Joie de Vivre Hospitality and Tourism Vancouver. Buckhiester has also been chosen by HSMAI to provide Revenue Management content to their association. Founded in 1995, Buckhiester has offices in both the U.S. and Canada.
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