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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

See other workflows in this category for related automation patterns.