GEH Suites unlocks profitability with BEONx's Revenue Management prowess, see how:
GEH Suites, a renowned hospitality establishment, embarked on a journey to revolutionize its revenue management strategies. Recognizing the need for a sustainable and data-driven approach, the hotel sought a comprehensive solution that could enhance operational efficiency while delivering exceptional guest experiences. After careful consideration, GEH Suites chose to partner with BEONx, renowned for its commitment to sustainable profitability, data management simplification, and operational excellence.
The challenge
Prior to implementing BEONx, GEH Suites grappled with a multitude of challenges. Updating their tariff structure, gaining a deeper understanding of property performance, and unlocking insights into revenue management were among the critical hurdles they faced. The hotel recognized the need for a transformative solution that could streamline data analysis, inform strategic decision-making, and ultimately drive revenue growth.
The solution
GEH Suites embraced BEONx’s comprehensive suite of solutions, including the powerful Recommendations engine, comprehensive Reporting capabilities, the Hotel Quality Index (HQI), and the innovative Autopilot feature. These cutting-edge tools empowered the hotel to automate data integration, receive actionable insights, and optimize pricing strategies for maximum profitability.
The results
The implementation of BEONx’s Revenue Management System (RMS) yielded remarkable results for GEH Suites:
ADR and Occupancy Rates Increase
The average daily rate (ADR) and occupancy rates increased between 5% - 10%.
Operational Agility
The ability to swiftly adjust strategies, identify demand variations, and efficiently distribute rates contributed to a more dynamic and responsive operational model.
Improved Forecasting
BEONx's sophisticated demand forecasting capabilities enabled data-driven decision-making, ensuring accurate pricing and inventory management.
GEH Suites’ partnership with BEONx has ushered in a transformative era for the hotel’s revenue management strategies. By leveraging cutting-edge technology, data-driven insights, and personalized support, GEH Suites has achieved sustainable profitability, operational efficiency, and an enhanced guest experience. As they continue to embrace BEONx’s innovative solutions, GEH Suites is poised to maintain its competitive edge and set new benchmarks in the hospitality industry.
“BEONx’s personalized service, extensive training, and swift support have been instrumental in our successful implementation. Their commitment to our success is truly commendable. With BEONx, we have unlocked a new level of agility and data-driven insights. Our Revenue Management department is now empowered to make strategic decisions that consistently beat RevPAR and ADR budgets.”
Mileidis Martinez Montalvo
Revenue Coordinator