Hotel service is built around team work. From front desk rock stars to detail-oriented room attendants to friendly and personable bartenders, every department and every job role plays a fundamental role in crafting the ultimate hotel guest experience. A similar approach can ensure comparable success with a hotel’s revenue management strategy. Hotels typically have multiple revenue streams, but team members within those streams often function in individual silos. For example, a spa manager will typically work separately from the person managing room revenue and the person managing the hotel’s event spaces. However, this particular revenue management style limits revenue performance. To maximize profits and blow past today’s fierce competition, it’s important to consider all revenue streams in relation to one another. This shift toward a more holistic revenue management strategy represents an evolution in the hotel industry. Progressive hoteliers embracing total revenue performance are enjoying a plethora of profitable revenue benefits. Get the full story at IDeaS