Revenue Management Workflow
Dynamic pricing and inventory optimization based on demand forecasting and competitive analysis
Complexity: Complex | Duration: 30m+ | Category: Industry/Real Estate
Tags: revenue-management pricing forecasting yield-management kpi
Workflow Diagram
Steps
Step 1: Demand forecasting
Agent: data
analyst - predict future demand patterns
Step 2: Competitive rate shopping
Agent: revenue
manager - monitor competitor pricing
Step 3: Historical performance analysi
Agent: data
analyst - review past trends
Step 4: Event calendar review
Agent: revenue
manager - identify demand drivers
Step 5: Rate strategy determination
Agent: pricing
specialist - set pricing strategy
Step 6: Rate adjustment
Agent: revenue
manager - update room rates
Step 7: Inventory allocation
Agent: revenue
manager - manage room availability by channel
Step 8: Restriction management
Agent: revenue
manager - set minimum stays and close-outs
Step 9: Channel optimization
Agent: revenue
manager - optimize distribution mix
Step 10: Performance monitoring
Agent: data
analyst - track KPIs (RevPAR, ADR, occupancy)
Usage
To execute this workflow:
/workflow industry/real-estate/revenue-management-workflow.workflow
Related Workflows
See other workflows in this category for related automation patterns.