MaximRMS Suite of Tools Support Multiple Facets of Hyatt’s Business

  • Maxim Revenue Management Solutions (MaximRMS)
  • 04.25.12
Maxim® Revenue Management Solutions (MaximRMS) expanded on previous announcements about Hyatt Corporation’s extended use of the Maxim®RMS system across multiple aspects of Hyatt rate-setting, evaluations, negotiations, analysis and planning.

Hyatt uses MaximRMS technology in Hyatt hotel properties across its brands in the U.S., Canada, and the Caribbean – including full service, convention, city-center, airport, select service, extended stay, boutiques and resorts – in order to increase the revenues and profitability while allowing the revenue management team to focus on high-value revenue generating activities.

Using MaximRMS technology allows Hyatt staff at many levels throughout the organization to access the information and target the results they need:

• Revenue analysts review detailed forecasts and results to match property performance.
• Regional revenue managers scan across properties to spot problems and focus attention.
• Property managers review key performance metrics to monitor competitors, track trends and adjust resources.
• Sales managers evaluate prospective groups and contract business to optimize negotiated rates.
• Executives analyze competitive and hotel performance across properties to make strategic decisions and allocations.
• Revenue teams prepare, review and use budgets to drive improved corporate planning.

Related Articles
want to read more articles like this?

want to read more articles like this?

Sign up to receive our twice-a-month Watercooler and Siegel Sez Newsletters and never miss another article or news story.