/C O R R E C T I O N -- RevOptimum/

In the news release, RevOptimum: Cracking the Code to Boost Independent Hotel Revenues, issued 01-Aug-2024 by RevOptimum over PR Newswire, we are advised by the company that several changes have been made to the text of the release. The complete, corrected release follows:

Family Business Cracks the Code to Skyrocket Independent Hotel Revenues!

RevOptimum: Empowering Independent Hotels to Compete Head-to-Head with Industry Giants

NEW YORK, Aug. 7, 2024 /PRNewswire/ -- In a groundbreaking achievement, RevOptimum, a pioneering family-run business, has developed innovative strategies that enable independent hotels to compete directly with large chains. By leveraging a team of innovators, cutting-edge technology, strategic expertise, and decades of experience, RevOptimum helps independents capture and grow their market share, ensuring remarkable revenue increases and sustainable growth. Transforming the landscape of hotel revenue management, RevOptimum empowers independent hotels to not only survive but to thrive, achieving revenue growth and market dominance on par with the largest hotel chains.

Meet the Family Behind RevOptimum

Connor Frothingham: The Tech Prodigy Connor, the youngest member of the Frothingham family, is a tech prodigy whose innovative approach is at the core of RevOptimum's success. Despite his youth, Connor has mastered the art of leveraging technology to drive guest reservations. His expertise spans from automated historical reservation analysis to recapturing and boosting market share with precision and control to advanced guest sentiment analysis, allowing hotels to attract and retain more guests efficiently. Connor's cutting-edge methods ensure that independent hotels can compete on an equal footing with their larger counterparts.

Mia Frothingham: The Strategic Innovator A Harvard graduate and a master of hotel business and marketing strategy, Mia Frothingham is the visionary behind RevOptimum's unique approach. Her mission is clear: to merge traditional hospitality practices with proprietary technological solutions. Mia's innovative strategies provide independent hotels with cost-effective options that significantly boost their market presence. "We believe that hotels with restricted budgets suffer from the lack of affordable personalized management solutions and cost-effective technological tools," says Mia. "We created powerful solutions to counter market disruption and generate stronger, more sustainable hotel business growth."

Scott Frothingham: The Revenue Guru With over 30 years of experience and a track record of generating more than $2 billion in increased hotel revenues, Scott Frothingham is a recognized expert in revenue management nationwide. His tailored solutions are designed to maximize success for hotels of all sizes. "Our team of experts understands revenue management dynamics, hospitality industry strategies, revenue systems, tools, and technology to achieve supreme hotel performance," says Scott. His leadership ensures that RevOptimum delivers consistent, impressive, and increased revenue results for its clients.

Marisol Frothingham: The Pioneer of Remote Revenue Management Marisol Frothingham, the visionary co-founder of RevOptimum, revolutionized the industry by developing a remote revenue management solution. This innovation allows multiple independent hoteliers to benefit from top-tier revenue management at a fraction of the cost of hiring in-house staff. "Our expertise is beyond imaginable," says Marisol. "RevOptimum has a remarkable ability to rapidly create strategies in a fast-moving market and increase hotel revenues in no time."

RevOptimum: The Ultimate Revenue Management Solution

RevOptimum is not just a revenue management service; it is a comprehensive solution designed to elevate independent hotels to new heights of profitability. The company offers a wide range of services and products tailored to meet the unique needs of each hotel.

• Hotel Revenue Management RevOptimum offers and implements cost-effective sweeping revenue management changes that deliver high-impact revenue results.
  
  
• Hotel Technology Implementation The team excels in executing complex hotel technology platforms and revenue growth tools, ensuring seamless integration and maximum benefit.
  
  
• Revenue Management Systems The company specializes in all major hotel revenue management systems, including PMS, CRS, CM, and RMS, ensuring that hotels have the tools they need to succeed.
  
  
• Revenue Increase Strategy Plans Each revenue increase plan is customized and meticulously implemented to ensure continuous revenue growth.
  
  
• Revenue Management Support RevOptimum becomes an extension of the hotel's operation, providing daily support and ensuring every project is a resounding success from concept to execution.
  
  
• Revenue Growth Transformation With expertise in critical hotel business transformations, RevOptimum drives permanent revenue increases.
  
  
• Hotel Photography and Inbound Marketing The company offers professional hotel photography and inbound marketing services to help hotels reach their target audience and drive direct bookings.

Proven Results and a Commitment to Excellence

The family business's dedication to excellence and innovation has made RevOptimum the industry leader in hotel revenue management. "Our team is ready to step in and seamlessly integrate into your day-to-day operations to attain the most dynamic results for your hotel," says Scott Frothingham. Clients are consistently impressed with the speed and efficiency of RevOptimum's response and implementation.

RevOptimum's commitment to providing high-quality revenue management knowledge and outstanding client service, even remotely, sets it apart in the industry. "Some of our clients are astonished at how fast we get back to them with revenue management strategies and solutions," says Connor Frothingham. "We perform faster and more efficiently than most of their own on-property staff."

For independent hoteliers seeking a reliable, innovative partner to boost their revenue, RevOptimum offers a powerful, all-in-one solution. This family business combines cutting-edge technology, strategic expertise, and a passion for hospitality to deliver exceptional results, ensuring that independent hotels can achieve sustainable growth and compete effectively in the marketplace.

What RevOptimum Has to Offer

 One-of-a-Kind Hotel Revenue Management Solution

• More than $2 billion USD increased in revenues for hotel clients.
  
  
• Tailored powerful revenue increase solutions for all hotel types and sizes for maximum success.

Proven Revenue Growth Results

• 90 percent client contract renewal
  
  
• 60 percent growth in revenue for clients
  
  
• 50 percent increase in hotel direct sales

Pioneering Solutions

• RevOptimum is exclusively focused on hotel revenue management and hotel revenue increase. With 30 years of experience, they have helped grow substantial revenues for several independent hotel businesses.
  
  
• 100 percent client satisfaction
  
  
• 39 percent RevPAR increase
  
  
• 45 percent occupancy boost

Recapture Market Share

• RevOptimum helps clients increase their hotel revenues and make their plan sustainable. They provide expertise to resolve issues and turn hoteliers' revenue vision into results.

The RevOptimum Difference

• RevOptimum's personalized revenue management service adapts to meet the requirements of any hotel without involving the expense of hiring a salaried, full-time revenue manager. Their yield management leads to increased hotel room revenues, remarkable profits, and enhanced hotel productivity.

Innovative Agreements

• Cost-effective solution
  
  
• No start-up fees
  
  
• Month-to-month contract
  
  
• Increased direct sales
  
  
• Immediate revenue results

Client Success: RevOptimum Positioned Soft Brand Hotel Head-to-Head with Large Chains

It is the norm for RevOptimum to help their clients compete head-to-head with large hotel chains, but prospective clients may be reluctant to consider it until it happens. Take, for example, Hotel Owner John S. shared his feedback: "I've been amazed by the number of hoteliers with small hotel businesses who believe that competing head-to-head with large hotels is impossible! I was one of them until meeting RevOptimum. I discovered that Scott Frothingham and his team developed brilliant revenue management tools to help soft brands and small hotels like mine to boost revenue performance. The RevOptimum team uses stunning techniques that work very well for hotel companies like mine! Our numbers are phenomenal, this shows that RevOptimum really put into action what they pledge."

This luxury boutique hotel, located in the heart of a vibrant downtown area, was facing critical challenges in enhancing bookings, productivity, and leveraging revenue management solutions at the level of large hotel chains.

By implementing RevOptimum's tailored solutions, the hotel experienced extraordinary outcomes, including:

The Results:

• Positioned the company's hotel head-to-head with the large brands.
  
  
• Enhanced direct sales through the hotel booking engine by 30 percent.
  
  
• Increased hotel revenue by 40 percent.
  
  
• Optimized the Global Distribution System (GDS) and increased it by 30 percent.
  
  
• Increased occupancy by 45 percent and delivered a 27 percent RevPAR increase.

These remarkable results highlight RevOptimum's commitment to helping independent hotels thrive in a competitive marketplace.

Unique Family Business Revolution to Boost Your Hotel Revenues

In the competitive world of hospitality, independent hotels often face a daunting challenge: competing with the vast resources and brand recognition of large hotel chains. This pioneering family business has cracked the code to help these independent hotels not only survive but thrive. This dynamic team, comprised of tech-savvy youth, seasoned strategists, and industry pioneers, has developed groundbreaking solutions that are transforming the landscape of hotel revenue increase for independents. "Our clients know that the most ambitious revenue vision will never be achieved without experts in the field and structured revenue management platforms. That's where they trust RevOptimum." Says Scott Frothingham, "We shift hotel revenues from reluctant to highly performing results."

For more information on how RevOptimum can unlock your hotel's potential and accelerate revenue growth, visit RevOptimum's website.

Media Contact:
Marisol Frothingham
470-549-8999
[email protected]

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SOURCE RevOptimum