1.0LHC Consultinghttps://www.lhc-consulting.de/en/adminhttps://www.lhc-consulting.de/en/author/admin/rich600338<blockquote class="wp-embedded-content" data-secret="FVVabOtJcZ"><a href="https://www.lhc-consulting.de/en/best-practice/success-stories/">Success Stories</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.lhc-consulting.de/en/best-practice/success-stories/embed/#?secret=FVVabOtJcZ" width="600" height="338" title="“Success Stories” — LHC Consulting" data-secret="FVVabOtJcZ" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://www.lhc-consulting.de/wp-includes/js/wp-embed.min.js </script> Best Practice – Success Stories.​ One of our success stories We were commissioned by the owners to improve the profitability of a privately owned 4-star hotel with 49 rooms in a highly competitive and challenging destination in southern Germany. Our approach​ Analysis of market potential of the rooms department. Careful decrease of the group business, which was causing displacement for individual segments. Implementation of strategic pricing. Training of owners and staff in professional category selling in the reservations department. Implementation of continuous Yield and Revenue Management. Results​ Increase of Net Rooms Revenue in the first year by plus € 100.000. Increase of Average Daily Rate (ADR) since the start of consulting contract from € 71,58 to € 109,52 (plus 53,0%). Increase of total Rooms Revenue within five years of consulting period by € 730.000 net of V.A.T.. Increase of Revenue per available room (RevPAR)since consulting contract begun by plus 77,6%. Due to a significantly higher cash flow extensive investment in upgrading of property was successfully carried out without having to use external financial resources. Increase since Consulting started​ Occupancy (OCC) 16.2% Average Room Rate (ADR) 53% Revenue per available room (RevPAR) 78% Any questions? We are happy to help! Contact us