Creating a Revenue Culture in Hotels with Bruce Jordan, Hotel Revenue Author

The hospitality industry is constantly evolving, and so should your revenue strategies. Hotel Revenue Author Bruce Jordan discusses the latest trends and technologies shaping revenue management, from dynamic pricing to online reputation management, on this latest episode of Lisbeth's Leadership Lessons in Hospitality Podcast with Lisbeth Ceballos. Bruce shares his expert strategies for maximizing each revenue source and fostering a culture that values every dollar. Gain valuable insights for maximizing revenue in your market. Watch the full episode here https://youtu.be/I2HXD0gMxbs #HospitalityRevenue #RevenueCulture #ProfitMaximization #RevenueAnalytics #DataDriven #RevenueStrategies 0:00 – Preview of Episode 0:22 – Intro: Guest Bruce Jordan 1:10 – How Bruce ended up in the Industry 2:17 – How was Bruce's trajectory to end up in Revenue Management 3:22 – Property Listings 4:20 – Managing listings to enhance productivity of revenue 5:44 – How to successfully increase revenue 12:12 – Management Revenue Tools 16:16 – Pricing Strategy approach for diff. seasons and market Conditions 18:10 – Management issue/challenges and how was it resolved 20:00 – Cross work collaboration and maximizing revenue opportunities 21:40 – Managing to build cross collab among departments 23:00 – Labor Market and getting the right people in the hospitality industry 25:00 – Keeping leaders motivated 26:01 – KPI’s used 27:38 – Handling difficult market conditions 29:30 – Revenue management approach 31:20 – Favorite segment Bruce loves to work with 33:07 – Manage as a social media influencer in the hospitality industry 35:01 – Pipeline for Bruce nowadays 36:29 – Closing Please Subscribe ▶️▶️▶️▶️▶️ 🎤Podcast Facebook: https://www.facebook.com/profile.php?id=61550588704712 🔗Podcast Linkedin: https://www.linkedin.com/company/l3h-lisbeth-s-leadership-lessons-in-hospitality-podcast 🔗Lisbeth Ceballos LinkedIn: https://www.linkedin.com/in/lisbethceballos/ 💻Website: https://lc-leadership.com/ 🎵Spotify: https://open.spotify.com/show/3yCn0YBu84HaU5t8ZfDyGm Lisbeth Ceballos Bio: •Passionate, fearless business leader, coach, and authentic human who focus on helping leaders transform their lives to live their desired purpose with authenticity and integrity, empathy and care, be the best leaders they can be. •Strategic problem solver; trusted coach & adviser •Curious and inquisitive growth mindset about Education, Social Responsibility, and uniting all minorities in the USA “Life is not about finding yourself, It is about creating yourself” LEADERSHIP DEVELOPMENT, DIVERSITY & INCLUSION COACHING - LC Leadership provides leadership development and coachintoto challenge, inspire, and prepare your leaders to take on complex issues, embrace diversity, implement your company's vision, and develop the tools to be successful change agents. LC Leadership offers support on developing Leader’s Emotional intelligence which is often defined as the ability to perceive, use, understand, manage, and handle emotions. We offer 360 assessments for all levels of management to evaluate current state and help grow their EI. EMOTIONAL INTELLIGENCE DEVELOPMENT People with high emotional intelligence can recognize their own emotions and those of others, use emotional information to guide thinking and behavior, discern between different feelings and label them appropriately, and adjust emotions to adapt to environments. Emotional Intelligence has been identified as one of the most critical leadership skills worldwide. (DAVOS Economic Forum 2020 summary) CERTIFICATION AS INCLUSIVE COACHING LEADERS AND MENTORING BY ICF CERTIFIED COACHES AT PCC LEVEL 4-Day Inclusive Leadership Coaching Certification "Boot Camp" Four Days of Intense Training! 30 hours of coach-specific, hospitality-specific training. Practice coaching with real-world case studies! Receive deep and broad proficiency in the ICF Core Competencies,