Tag: revenue management

Price is Right?

Revenue Management Now

Are you thinking about fine tuning your revenue management program to meet the challenges of COVID-19? The current market is impacting demand and pricing, and it’s time to consider new strategies for managing your assets with both a short- and long-term focus on collections and occupancy. As some states are already planning to open […]

Events, News

Downturn Ready?

Tips from NAA Maximize

At Maximize powered by NAA, the annual conference dedicated to asset and revenue management and long-term value creation for apartment portfolios, industry pros talked about how changes in the economy — including an expected downturn ahead — will impact multifamily revenue management. This year’s sessions covered renovations and amenities in some detail, with panelists speaking […]

Events, News

Recession-Proof Properties

Get Strategies at Maximize

As we head into uncertain economic times, is your multifamily portfolio recession proof? Now more than ever, you need data you can trust and a smart revenue management strategy to set competitive rental prices, maximize occupancy and spend marketing dollars wisely. And, with the arrival of artificial intelligence and machine learning to inform business intelligence, […]

Marketing, News

Optimizing Data

Maximizing Revenue Part 2

Yesterday, we laid the foundations of a strong online presence. We now continue with how to gather insights from analytics to inform marketing and retention decisions. Micro-Adjustments Lead to Success When vacancy rates inch upward, resist the urge to slash prices. “Price should be the last negotiable item, not the first,” advises Sawh. Examine your […]

Marketing, News

Maximize Revenue

Use Data Better

The National Apartment Association (NAA) recently hosted the 2017 Education Conference in Atlanta. Marketing Maneuvers: Data in the Driver’s Seat explores how data can inform marketing decision and maximize revenue. Panelists included Candace Weaver, Director of Marketing, Bell Partners; Diana Norbury, Vice President, Multifamily Operations, Pillar Properties; and moderator Dharmendra Sawh, Industry Principal, Revenue Management […]

News

NAA Approaches

Join Yardi for great sessions

It’s one of the industry’s most-anticipated conferences of the year. Yardi is proud to be a sponsor of the National Apartment Association’s annual Education Conference and Expo, taking place June 24-26 at the Mandalay Bay Resort and Convention Center in Las Vegas. NAA offers attendees to experience the latest innovation in the apartment industry, from […]

News

Revenue Management

Tips from the experts

When you implement a revenue management system, it will change staff roles and how internal data is analyzed and put to use. To be prepared for operational change and minimize disruption, it’s important to have a solid implementation strategy in place pre-launch. Organization-wide training on a new revenue management system is a vital means of […]