Sample interview questions: What experience do you have with revenue management during hotel renovations or property expansions?
Sample answer:
- Developed and implemented a comprehensive revenue management strategy during a six-month renovation of the hotel’s main lobby and restaurant.
- Conducted extensive market research to understand the impact of the renovation on demand and pricing.
- Adjusted pricing and inventory controls to optimize revenue during the renovation period.
- Implemented a targeted marketing campaign to communicate the benefits of the renovation to potential guests.
- Monitored performance metrics closely and made adjustments to the revenue management strategy as needed.
- As a result of these efforts, the hotel was able to maintain occupancy levels and room rates during the renovation period.
- Led the revenue management team in developing and implementing a revenue management strategy for a new hotel wing expansion.
- Worked closely with the … Read full answer