Client Information

    The five-year-old Hotel Zamora, a white-washed, Mediterranean-style
    luxury boutique hotel, was St. Pete Beach, Florida’s first new hotel in
    decades. It overlooks the Intracoastal Waterway and the azure waters
    and soft, white-sand beach of the Gulf of Mexico.

    Photo-8_1700x960-1024x578

    I’ve worked with probably 15 different revenue managers throughout my
    career, and Christie Crawford from SHR is definitely the best one yet.

    Bob Sauerwine, Hotel Zamora Director of Sales and Marketing

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    Situation

    In August of 2018, Hotel Zamora transitioned from a Kimpton property
    into an independent one. Bob Sauerwine, who started five months later
    as Director of Sales and Marketing, described it as a challenging time.
    “When Kimpton left,” he said, “basically the hotel’s entire infrastructure
    walked out the front door. The new ownership had to get a PMS in place,
    their housekeeping department and maintenance department and culinary
    team had to be rebuilt, they needed to get a revenue management team in
    place—everything. That is why the new majority owner reached out
    to SHR.”

    Bob said the independent hotel was “running blind” at first, meaning that,
    although they had occupancy percentages for the previous year under
    Kimpton, as well as average daily rates and revenues, they didn’t know how
    the hotel achieved those numbers.

    Outcome

    Christie helped establish a length of stay restriction for weekends when
    there’s a lot of demand, which was a strong move. “It brought our
    revenues considerably higher,” said Bob, “and we saw a massive swing in
    RevPAR index.”

    Bob said Christie also tracks promotions on TripAdvisor, Facebook, and
    similar channels, and gets a better ROI than the market. “We’re getting about an
    18:1 return on investment on some of those promotions, compared to the
    market of around 7 or 8:1.”

    The hotel just ended its first year of independent operation, and with the
    help of Revenue Management for Hire it surpassed the previous year’s
    numbers. “It was basically like opening a new hotel because we didn’t have
    details from the previous ownership,” he said. “But it worked out great.”
    Rooms sold increased 17 percent, room revenue increased 9 percent, and
    outlet revenue was up $300,000 over the previous year. He said they
    couldn’t have done it without Christie and SHR.

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    The Future

    For the hotel’s second full year of operating independently, Bob said, they
    project a double-digit increase YOY for both Rooms and F&B. He said SHR,
    and Christie, will be a big part of that success by continuing to help them
    maintain rate integrity, keep occupancy near 100% index to drive guests
    into their outlets, and reduce third party commissions.

    “Based on SHR,” he said, “and Christie’s commitment to the success of The
    Hotel Zamora rate strategies, we feel very confident that 2020 will be an
    incredible year and will help us achieve even higher margins in 2021.”

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