Editorial Board   Guest Author

Ms. Velez-Couto

Maite Velez-Couto

Vice President, rbb Communications

Maite Velez-Couto, a Vice President at rbb Communications, brings a broad range of media relations, consumer product marketing and branding experience to the firm. Throughout her career, she has handled integrated communications campaigns for a wide variety of consumer clients - from travel and food and beverage to fashion and entertainment brands including, but not limited to AMResorts, Hampton by Hilton, Hilton Garden Inn by Hilton, Norwegian Cruise Line, Vlasic pickles, Mrs. Butterworth's syrup, Starbucks Coffee Company, and Feld Entertainment. Ms. Velez-Couto has vast knowledge of regional and national media, community relations and special events. She currently focuses on rbb's hospitality and food and beverage clients, managing multiple award-winning programs including recipients of PRSA's “Silver Anvil,” Holmes Report's “Gold SABRE”, and HSMAI's Adrian Awards. Her experience also includes supporting clients' efforts in Mexico, Colombia, the Caribbean and Spain. Ms. Velez-Couto graduated from the University of Miami with a bachelor's degree in Spanish Literature and an associate degree in architecture, and from Florida International University with a bachelor's degree in Humanities and post graduate studies in Spanish Language Journalism. She currently resides in Coral Gables.

Ms. Velez-Couto can be contacted at 305-783-3140 or maite.velez-couto@rbbcommunications.com

Coming up in October 2020...

Revenue Management: Maximizing Profit

Hotel Revenue Management continues to evolve at a blistering pace. Driven by technological innovation and new distribution channels, there are some dynamic opportunities for expansion in this fast-growing field. The technology is primarily designed to help revenue managers further refine their operations and pricing models to maximize hotel profit. For example, hotels can't be all things to all people, so a key strategy is to precisely identify their target audience. By employing geo-targeting techniques and analyzing behavior such as previous bookings, on-property purchases and online shopping practices, there is an increased capability to define guest demographics. By segmenting customers in more specific ways, hotels are able to create more personalized experiences which, in turn, allow managers to optimize their room rates. It is also an effective way to fulfill the unique needs and preferences of the individual. Another methodology is to consistently monitor the competition's pricing strategies. There are software tools that analyze a competitor's current rates, and then allow a hotel to make its own pricing adjustments. It is also a useful means to conduct forecasting models. Other technologies that are being integrated into a revenue manager's toolkit include Artificial Intelligence in the form of automated algorithms, and Voice Recognition (VR) for data inquiries, rate changes, and booking behavior. Predictive and analytic software programs are also being leveraged to provide more forward-looking data, instead of the usual reliance on historical performance. These metrics allow managers to be more proactive - rather than reactive - with their revenue strategy. The October issue of the Hotel Business Review will examine these developments and report on how some leading hotels are executing their revenue management strategies.