Reveffect: New Hotel Revenue Management Company Opens in Athens

Reveffect, a new generation revenue management company focused on hoteliers, which uses predictive analytics and data driven insights, recently opened offices in Athens.

Founded by specialized Revenue Management specialist Michael Arvanitis, a professional with years of experience in the field, Reveffect provides its clients with state-of-the-art, data driven, contemporary, business intelligent Revenue Management solutions, aiming to revolutionize their business practices.

With the use of Business Intelligence tools, Reveffect’s team spends more time focused on analyzing the data, rather than collecting the data, which speeds up the process and allows for faster decisions to be taken along the way.

“Reveffect came to ‘shake up’ the hospitality market. We are addressing those professionals that are leaving money on the table by either over- or under- pricing their rooms and function space,” Arvanitis said.

“Our potential customers are hotels that do not have a separate Revenue Management department and so have assigned duties to an employee of theirs, which are handled in parallel with a number of other responsibilities,” he added.

Moreover, while technology is key, Reveffect focuses on talent, teamwork, consistency and sound strategy.

“These are the ideal ingredients to get the job done… Therefore, we combine tech and human resources,” Arvanitis concluded.

Although new, the company has launched partnerships with Livin Mykonos and My Mykonos Hotel on the island of Mykonos. In Athens, Reveffect has partnered with Azur Hotel Vouliagmeni.