Prashant’s journey in the hospitality industry is a testament to the power of pursuing one’s interests and passions. Despite completing his degree in computer science and starting his career with HDFC, Prashant found himself drawn to revenue management, an area of the hospitality industry that piqued his interest. This realisation led him to work in various roles for top Hospitality brands such as Praxis Services, Sayaji Hotels, Mayfair Hotels, Radisson Blu, Hyatt Hotels, and Marriott Hotels. Through his hard work and expertise, Prashant became an authority in revenue management, proving that a change in the career path is possible with hard work and dedication.

As a techie by heart, Prashant brought his analytical mindset to the field of revenue management. He utilised his expertise in data analysis and technology to create innovative revenue management strategies for hotels, maximising their revenue potential. In his free time, Prashant enjoys outdoor sports and travelling, demonstrating his love for adventure and exploration.

In November 2020, Prashant established Playotel, a hospitality company dedicated to providing exceptional services to guests. As an entrepreneur, Prashant brought his extensive knowledge in revenue management to create a successful business. However, he found that his passion for revenue management was not being fulfilled, which led to his next venture, Retvens.

The success journey of Retvens begin on  February 9, 2022, is an innovative revenue management firm that empowers hotel owners to become successful hoteliers. Through sophisticated machine learning and data science algorithms, Retvens uses the power of complex data to increase revenues, lower costs, and drive profitability. They provide a variety of services such as competitor analysis, pricing strategy, dynamic pricing management, reputation and review management, social media marketing, business reputation, Google optimization, and brand identity and awareness. Their team of industry experts analyses a hotel’s health, creates strategies, and implements proven techniques to maximise revenue potential.

Within a span of Retvens made strong loing presence

Within a span of 365 Days Retvens has made a strong presence, Retvens serves over 100 hotels in different locations across the world, including the Kingdom of Saudi Arabia, the Sultanate of Oman, and several cities in India, such as Indore, Udaipur, Jabalpur, Raipur, Khumbalgarh, Jaipur, Sariska, Varanasi, Alibaug, Mahabaleshwar, Raigir, Lucknow, Noida, Pachmarhi, Lonavala, Bilaspur, Bhopal, and Vadodara. With Retvens, hotel owners can set standard operating procedures, pricing strategies, and rate disparity while understanding market trends and techniques that help them become functional and sustainable hoteliers.

Retvens prides itself on its hard work, professionalism, and teamwork, which have enabled the company to accomplish great things this year and will continue to do so. Their team of industry experts has over 15 years of experience in revenue management, and they help their clients learn and understand the best-kept secrets of the hospitality industry. Retvens generates better visibility to create or re-create brand identity and improve service standards. Troubleshooting problems such as revenue optimization, organising bookings, maximising profits with OTA’s, brand marketing, reputation management, online presence management, reviews and feedback, comparative analysis, systematic processes, and data analytics.

Retvens is the only revenue management company with a team of industry experts, and they have built a hotel chain, which gives them a unique perspective on revenue management. They help their clients accelerate their hotel’s revenue potential and set SOPs for their business to grow as they aimed when they built it. Retvens serves hotels in three countries, with locations in over 50 places, managing over 100 hotels with 2000+ keys. Retvens helps generate revenue of 48 lac+ per day and manages 450+ room nights per day.