Retvens Services - World's Leading Revenue Management Company

As a hotel owner or manager, you know that running a successful hotel requires more than just providing excellent service and amenities. You also need to be able to maximize your revenue potential to stay profitable. This is where revenue management comes into play. Revenue management is the practice of analyzing data, setting prices, and making decisions about how best to allocate resources to maximize profits for a business. At Retvens we believe that Revenue Management is an essential part of any hospitality business, including hotels, as it helps them make informed decisions about pricing strategies and inventory allocation that will help them increase their bottom line. The first step in effective revenue management is understanding the demand for your hotel rooms or services at different times throughout the year. By tracking occupancy, rates over time, you can know when people are most likely to book with you and adjust your prices accordingly. For example, if there’s high deman...

From Corporate Cubicle To Startup Success : Prashant Mishra's Story  Prashant's journey in the hospitality industry is a testament to the power of pursuing one's interests and passions. Despite completing his degree in computer science and starting his career with HDFC, Prashant found himself drawn to revenue management, an area of the hospitality industry that piqued his interest. This realization led him to work in a variety of roles starting from Praxis Services to top hotels such as Sayaji Hotels, Mayfair Hotels, Radisson Blu, Hyatt Hotels, and Marriott Hotels. Through his hard work and expertise, Prashant became an authority in revenue management, proving that a change in career path is possible with hard work and dedication. As a techie by heart, Prashant brought his analytical mindset to the field of revenue management. He utilized his expertise in data analysis and technology to create innovative revenue management strategies for hotels, maximizing their revenue p...

  R-Own — A Hotelier’s Community R-Own: The First Hotelier’s Community Application The hotel industry is constantly evolving and it’s important for hoteliers to stay connected with like-minded individuals to stay ahead of the game. That’s why Retvens has created R-Own, a community application that connects hoteliers from all over the world. In this blog post, we’ll dive into the development and launch of R-Own and why it’s an important tool for hoteliers everywhere. The Need for R-Own The hotel industry is highly competitive and it’s important for individuals to stay connected with their peers to stay ahead of the game. However, there was no platform that specifically catered to the needs of the hotelier community, until now. R-Own was created to fill this gap and provide a space for hoteliers to connect, share ideas and grow their careers. Our research showed that there was a strong demand for a community platform like R-Own and we’re excited to bring this tool to the hoteli...