Set in one of Brooklyn’s formerly industrial neighbourhoods, Wythe Hotel has given an old barrel and rope factory a new lease of life. The 70-room boutique hotel reflects the building’s rich history and offers guests contemporary, artsy rooms, some of which overlook the East River and the Manhattan skyline. The Le Crocodile restaurant and the rooftop Bar Blondeau complete the hotel’s offering.
Recently we sat down with Will Jordan, Director of Revenue Management, Sales & Marketing at Wythe Hotel. He shared how he uses OTA Insight’s Revenue Insight tool to streamline his workflow and gain a deeper understanding of his property’s performance.
"Implementing Revenue Insight has helped us drastically simplify our data collection and reporting process. We’ve cut the time we spend on this in half."
"Having tested other business intelligence tools, I think Revenue Insight is the most straightforward solution. I wouldn’t want to go back to working without it."
When we meet with the owner and senior management to discuss our results and strategy, we want to present our data in a clear and concise format. In the past, the only way to do that was to manually compile Excel spreadsheets from bulky PMS reports. This took a lot of time and sometimes even the most in-depth spreadsheets couldn’t provide the level of insights we wanted.
With Revenue Insight, we can pull data for any time period, segment, rate or distribution channel whenever we want. It’s even possible to open the dashboard during a meeting and share live insights directly from the platform. This makes it much easier for us to share our results and provide background information on recent decisions and business trends. In short, our conversations around revenue strategy have become more productive and data-driven.
"I recommend Revenue Insight to fellow revenue professionals because the platform makes it so easy to find answers to even the most complex queries."
I recommend Revenue Insight to fellow revenue professionals because the platform makes it so easy to find answers to even the most complex queries. Of course, the time it saves you is also an important factor. Finally, it comes at a reasonable price point which is quickly offset by the time it saves and the good decisions it will help you make. All these aspects make Revenue Insight extremely attractive to smaller properties which find legacy systems too elaborate and inaccessible.