Editorial Board   Guest Author

Mr. Kotrba

Bill Kotrba

VP of Industry Strategy, Leisure, Travel & Hospitality, JDA Software

Bill Kotrba is Vice President of Industry Strategy for the Leisure, Travel and Hospitality practice at JDA Software. In this role he has the opportunity to consult with hotel managers and executives frequently on the subject of pricing and revenue management best practices, systems and techniques. As leader of one of the top RM software providers in the Hospitality space he has constant exposure to industry best practices and the most technologically advanced approaches that are available. Mr. Kotrba is passionate about the hotel business and how it intersects with the art and science of revenue management. As a young person who had stayed in over 1,000 hotels before his 25th birthday, the industry and its commercial management became a subject of fascination. Mr. Kotrba went on to study pricing and revenue management at the Cornell University School of Hotel Administration while earning an MBA degree at Cornell. Mr. Kotrba's career in revenue management has spanned every facet of the discipline and he has “lived” on both the client side as a revenue manager and the vendor side in his current role. After earning his MBA, Mr. Kotrba joined Northwest Airlines where he held a variety of analytical and leadership roles in pricing and revenue management over ten years in the air passenger business. Long-term planning and revenue forecasting, point-of-sale optimization, tactical pricing and yield management, as well as broader marketing functions were added to his resume along the way. In 2007 he was recruited to lead revenue management and network planning for Northwest Cargo, with nearly $1 billion of revenue and 14 dedicated 747 freight aircraft under management. Following the acquisition of Northwest by Delta Air Lines, Mr. Kotrba held the same position for one year as head of revenue management at Delta Cargo. Mr. Kotrba has been an advocate within JDA Software and with hospitality clients for the transition away from traditional revenue management—using static fare classes and inventory controls—to Price Optimization whereby a revenue management system recommends optimal pricing for every stay-night. “In today's hotel environment with instant price transparency via the Internet,” he says, “understanding price elasticity and customer willingness-to-pay are the biggest untapped source of revenue upside and profit improvement for today's hotels.”

Mr. Kotrba can be contacted at 480-308-3000 or bill.kotrba@jda.com

Coming up in July 2019...

Hotel Spa: Pursuing Distinction

The Wellness Movement continues to evolve and hotel spas continue to innovate in order to keep pace. Fueled by intense competition within the industry, hotel spas are seeking creative ways to differentiate themselves in the market. An increasing number of customers are searching for very specific, niche treatments that address their particular health concerns and, as a result, some leading spas have achieved distinction by offering only one specialized treatment. Meditation and mindfulness practices are becoming increasingly mainstream as are alternative treatments and therapies, such as Ayurvedic therapies, Reiki, energy work and salt therapy. Some spas specialize in stress management and offer lifestyle coaching sessions as part of their program.  Other spas are fully embracing new technologies as a way to differentiate themselves, such as providing wearable devices that track health and fitness biomarkers, or robots programmed with artificial intelligence to control spa environments, or virtual reality add-ons that transport guests to relaxing places around the world. Some spas have chosen to specialize in medical procedures such as liposuction, laser skin therapy, phototherapy facials, Botox and facial fillers, acupuncture and permanent hair removal, in addition to cosmetic body shaping procedures and  teeth whitening treatments. Similarly, other spas are offering comprehensive health check-ups and counseling services for those who are interested in disease prevention treatments. Finally, as hotel spas continue to become more diverse, accessible and specialized, there is a growing demand for health professionals with a specific area of expertise. There is a proliferation of top class, quality wellness practitioners who make a name for themselves by offering their services around the globe, including athletes, chefs, doctors, physical trainers and weight loss specialists. The July issue of the Hotel Business Review will report on these trends and developments and examine how some hotel spas are integrating them into their operations.