How Data is Revolutionising the Way We Price Accommodations - with John deRoulet of Wheelhouse!

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Diving into the complexities of pricing strategy and revenue management can often feel like navigating through a maze without a map. Yet, it remains one of the most pivotal aspects of running a successful accommodation business. It’s why I’m particularly excited about this weeks episode. I had the pleasure of seeing John deRoulet speak at Vacation Rental Management Association (VRMA) a couple of years ago, and it was not only a pleasure but super enlightening.

I had many wow moments! Not only that, John is one of those characters in the STR industry that puts a smile on your face as soon as you see him. His ability to convey intricate concepts in an accessible manner is unparalleled. Understanding the nuances of revenue management is akin to uncovering hidden treasures within your operations, and John masterfully guides us through this journey.

In this episode, John, Head of Revenue Management at Wheelhouse, shares his insights into the art and science of pricing strategies and their impact on businesses ranging from hotels to short-term rentals. John’s extensive experience and innovative outlook provide a fresh perspective on leveraging data and market trends to optimize pricing strategies. This conversation is laden with golden nuggets that could significantly enhance your business’s performance and competitive edge.

Here’s what you’ll uncover in this insightful episode:

The fundamentals of revenue management and its impact on your bottom line 📈
Strategies to adapt and thrive in a constantly evolving industry 🏨
Insights into future trends in revenue management and how to stay ahead 🚀
Practical tips for implementing revenue management in small businesses 🛎️
The importance of documenting learnings and establishing best practices 📝

John deRoulet is not just the Head of Revenue Management at Wheelhouse; he’s a pioneer in the field, having navigated the rise of Airbnb and OTAs from the early days. His blend of data mining, sales strategy, and a passion for oil painting highlights his unique approach to pricing and distribution in hospitality. This combination of analytical rigor and creative thinking makes John a fascinating guest whose insights could transform your accommodation business.

Listening to this episode will equip you with the knowledge to optimize your revenue strategies and inspire you to tackle challenges with creativity and determination. In an industry where every detail counts, mastering the principles of revenue management could mark the difference between merely surviving and truly thriving.

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