The Hotel Gotham is a five-star boutique property located in Manchester City Centre. It is part of the Bespoke Portfolio and is the inspiration of Robin Sheppard.
VROOM’s main objective was to fill occupancy prior to and immediately from the opening of the property in 2015 to reach the budgeted figures as well as being the best, and most successful hotel in Manchester. In order to achieve this objective, VROOM were part of the Opening Team 6 months prior to its opening.
As with most hotel openings when Revenue Management is concerned, the initial project encompassed all areas of Revenue Management from carte blanche. Including and not limited to:
- Software selection and setup (PMS / Channel Manager / GDS / Booking Engine)
- Pricing strategy
- Definition of room configuration, rate plans and policies
- Pricing strategy and promotion per channel
- OTA and other distribution channel setup
- Forecasting and budgeting
- Recruitment and training of the Reservation Team
VROOM’s success primarily came down to the numbers, the hotel’s first year results beat the initial budget across all of the key variables i.e. Occupancy, ADR and RevPAR. Not only this, the property continued to achieved the highest RevPAR every month since opening vs STR reports. As testament to their success from the very beginning with this property, VROOM continue to work closely with this property to present day.
“Nicola understands our product and our market place. But it is also important to note that Nicola looks after us, not just as a client, but as an integral part of our management structure. As such – she has her finger on the revenue pulse seven days per week, interacting with us on property several times per day. That’s only one of the reasons why Hotel Gotham & The Vincent Hotel are such success stories. Sure – there are many excellent Revenue Management brains around the country, all brilliant in what they do. There are only a very few that I know of who take such a personal care and dedication as Nicola does
Thank you Nicola & the VROOM team!"
Mario Ovesenjak General Manger of Hotel Gotham