📊 Revenue Management Meeting Overview: Start by reviewing your budget and strategic reports to assess performance. If you're exceeding budget, consider pushing rates; if not, focus on increasing occupancy.

📈 Key Metrics: - Current RevPAR: $83 (compared to comps at $67) - Average Daily Rate (ADR): Down 17% vs. comps at 8% - Occupancy is high, indicating a strategy to push rates is viable.

🗓️ Weekend vs. Weekday Analysis: - Strong occupancy on Fridays and Saturdays, with rates stable. - Weekdays show potential for improvement, especially on Sundays where ADR is too low.

💼 Business Travel Insights: - Tuesday and Wednesday are peak days for business travelers with occupancy at 99%. - Consider increasing rates on these days to maximize revenue.

📅 Future Rate Adjustments: - Propose increasing Sunday rates by $10-$15. - For Tuesday and Wednesday, suggest raising rates to $159.

🔍 Booking Analysis: - Most reservations are made last minute, indicating a potential to increase rates for same-day bookings.

📧 Action Items: - Assign a team member to implement rate changes and confirm via email. - Monitor daily pickup and adjust strategies as necessary.

📊 Daily Monitoring: - Review pickup reports regularly to ensure rates align with occupancy trends. - Adjust rates based on market conditions and competition.

📉 Final Thoughts: - Focus on increasing rates on Sunday, Tuesday, and Wednesday while eliminating discounts. - Keep an eye on competition to ensure your rates remain competitive.