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Wednesday, April 27, 2005. RM Final Exam - Due date : April 29th - 9 Am. What is the purpose of DFS, what attributes does it measure? Marriott has been known as an industry leader in revenue management since before the practice had a name. During the 1990s, Marriott developed two revenue management systems: the demand forecasting system (DFS). For Marriott's full-service hotels and the revenue management system (RMS). The way a three-night stay might. The purpose. How was it accomplished? Reducing the ov...

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cmh-yieldmngt | mariamouawie.blogspot.com Reviews

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Wednesday, April 27, 2005. RM Final Exam - Due date : April 29th - 9 Am. What is the purpose of DFS, what attributes does it measure? Marriott has been known as an industry leader in revenue management since before the practice had a name. During the 1990s, Marriott developed two revenue management systems: the demand forecasting system (DFS). For Marriott's full-service hotels and the revenue management system (RMS). The way a three-night stay might. The purpose. How was it accomplished? Reducing the ov...

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6 question 3

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cmh-yieldmngt | mariamouawie.blogspot.com Reviews

https://mariamouawie.blogspot.com

Wednesday, April 27, 2005. RM Final Exam - Due date : April 29th - 9 Am. What is the purpose of DFS, what attributes does it measure? Marriott has been known as an industry leader in revenue management since before the practice had a name. During the 1990s, Marriott developed two revenue management systems: the demand forecasting system (DFS). For Marriott's full-service hotels and the revenue management system (RMS). The way a three-night stay might. The purpose. How was it accomplished? Reducing the ov...

INTERNAL PAGES

mariamouawie.blogspot.com

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cmh-yieldmngt: Class 11-04 : Debunking the Myths of YM

http://www.mariamouawie.blogspot.com/2005/04/class-11-04-debunking-myths-of-ym.html

Friday, April 08, 2005. Class 11-04 : Debunking the Myths of YM. Comment on Myth #4.: Is YM a discount program.does opening discounts creates additional demand? What do you think? YM is definitely not a discounting program, but it certainly creates additional demand. I believe that raising and lowering prices is not the YM process. YM help us to figure out how much rooms we need to sell at a certain price and date, but not to apply automatically a discounted rate! Posted by Maria Mouawie at 4:38 AM.

2

cmh-yieldmngt: March 2005

http://www.mariamouawie.blogspot.com/2005_03_01_archive.html

Thursday, March 31, 2005. Dynamic Recommendations - Class 04-04. What is meant by dynamic recommendations? How should these recommendations be used to improve the revenue? These recommendations should be used to evaluate, define and decide on short, medium and long term sales strategies, and to forcast future demand and business trends in order to optimise profits and revenue. Posted by Maria Mouawie at 5:03 PM. What is meant by dynamic recommendations? These recommendations should be used to evaluate, d...

3

cmh-yieldmngt: Online Web Distribution / Class : March 18th

http://www.mariamouawie.blogspot.com/2005/04/online-web-distribution-class-march.html

Saturday, April 16, 2005. Online Web Distribution / Class : March 18th. Does a hotel need a RM based strategy for each of the channels of distribution? Hoteliers most adopt a RM based strategy for each of the channels of distribution, Direct or Indirect. We can’t apply the same RM strategy to all the channels of distribution, since they all work differently and don’t have the same demand, even if they all end up to attract our customer and to increase the hotel revenue. Posted by Maria Mouawie at 2:06 PM.

4

cmh-yieldmngt: Revenue Management - Class 21 / 03

http://www.mariamouawie.blogspot.com/2005/03/revenue-management-class-21-03.html

Thursday, March 31, 2005. Revenue Management - Class 21 / 03. Is RM a rooms divison effort? Who should be involved in a RM in a hotel? Why, what are the benefits? The RM is the most effective way to price and allocate inventory to each market segment. RM allows variable pricing so that different clients will pay different rates for the same room, new customers can get attracted by offering competitive price, and to avoid displacement. Posted by Maria Mouawie at 4:14 PM. View my complete profile.

5

cmh-yieldmngt: Work for 14-03-05 / Yield mngt

http://www.mariamouawie.blogspot.com/2005/03/work-for-14-03-05-yield-mngt.html

Friday, March 18, 2005. Work for 14-03-05 / Yield mngt. Number 2 means market driven pricing . Explain in your own words what does it mean and how should a hotelier create market driven price for his hotel? Market driven pricing means that we have to position ourselves (our hotel) comparing the competition on the market. The reason is that the market driven pricing! Posted by Maria Mouawie at 5:23 AM. View my complete profile.

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hotelrm.blogspot.com

Revenue Management Hospitality: View for Class 21/03

http://hotelrm.blogspot.com/2005/03/view-for-class-2103.html

Sunday, March 13, 2005. View for Class 21/03. Eye For Travel Hospitality site sponsors a Revenue Management conference each year. The great news is that they post the speakers' presentations on the site. The less great news is that you have to click through, then register, to download the PPT. For the next class, please take the following steps to get to the presentation by Kay Ryan, RM Manager for Thistle Hotels. Go to the Eye for Travel RM section here. Click on "Content from Past Events".

hotelrm.blogspot.com

Revenue Management Hospitality: For class 04/04

http://hotelrm.blogspot.com/2005/03/for-class-0404.html

Tuesday, March 29, 2005. Yield Management sections (all links) RMS. Revenue Management Systems), features, benefits and reports. Click under "Products'. The outcome should be that you have an understanding of the type of data used at the hotel level to make pricing decisions. If there are any unfamiliar terms, e.g. unconstrained.be sure to look them up. Question for your blog posting.due 01/04:. What is meant by dynamic recommendations? How should these recommendations be used to improve revenue?

hotelrm.blogspot.com

Revenue Management Hospitality: Final Exam - clarification of case question

http://hotelrm.blogspot.com/2005/04/final-exam-clarification-of-case.html

Wednesday, April 27, 2005. Final Exam - clarification of case question. Just to clarify the Marriott case study question.the question is about displacement. If your client wants to stay 3, 4, 5, 6, nights, you will quote him a rate less than the 150 (you decide what rate). How much revenue is being displaced (on sold out nights). How much revenue must you collect on the non-sold out nights to compensate for the displacement. Posted by eac @ 6:20 AM. Not that such easy! Is this you want to mean? Companies...

hotelrm.blogspot.com

Revenue Management Hospitality: Restaurant Revenue Management

http://hotelrm.blogspot.com/2005/04/restaurant-revenue-management.html

Friday, April 15, 2005. Wellfor all of you who have asked about RM for restaurants, I have finally found a study online. By Sheryl Kimes, Ph.D. It is a PDF download. From Cornell.where else? Classes on Monday are at the regular times but in the Computer Room. On the lower level. Bon Weekend.I'll be looking at all the blogs on Saturday. Posted by eac @ 5:11 AM. Comments: Post a Comment. Links to Class Members' Blogs. Virginie St. Laurent.

hotelrm.blogspot.com

Revenue Management Hospitality: Last class...25/04

http://hotelrm.blogspot.com/2005/04/last-class2504.html

Thursday, April 21, 2005. We will have our class in the computer room.really.to view 3rd party websites and other channels of distribution. There is no blog post due for next week. I'll give you a case study for the final exam. It is a take home exam, you can post you answers in your blog by 9AM 29/04. Here are the rules:. Postings after the due date = 0 for the grade. Postings having the same solutions and similar language, both postings = 0. Any problems, let me know before the due date.

hotelrm.blogspot.com

Revenue Management Hospitality: March 2005

http://hotelrm.blogspot.com/2005_03_01_archive.html

Tuesday, March 29, 2005. Yield Management sections (all links) RMS. Revenue Management Systems), features, benefits and reports. Click under "Products'. The outcome should be that you have an understanding of the type of data used at the hotel level to make pricing decisions. If there are any unfamiliar terms, e.g. unconstrained.be sure to look them up. Question for your blog posting.due 01/04:. What is meant by dynamic recommendations? How should these recommendations be used to improve revenue? Who sho...

hotelrm.blogspot.com

Revenue Management Hospitality: April 2005

http://hotelrm.blogspot.com/2005_04_01_archive.html

Wednesday, April 27, 2005. Final Exam - clarification of case question. Just to clarify the Marriott case study question.the question is about displacement. If your client wants to stay 3, 4, 5, 6, nights, you will quote him a rate less than the 150 (you decide what rate). How much revenue is being displaced (on sold out nights). How much revenue must you collect on the non-sold out nights to compensate for the displacement. Posted by eac @ 6:20 AM. Thursday, April 21, 2005. Here are the rules:. The foll...

hotelrm.blogspot.com

Revenue Management Hospitality: Class 11/04

http://hotelrm.blogspot.com/2005/04/class-1104.html

Sunday, April 03, 2005. We will discuss some of the misconceptions surrounding Yield Management during the next class. For that session, please read. Debunking the Myths of Yield Management. A look at ten popular misunderstandings about yield management's role in and effect. On the lodging industry. It is a PDF, so may take a moment to two to download. For your blog posting, due 09/04 - please comment on Myth #4. Is YM a discount program.does opening discounts create additional demand? What do you think?

hotelrm.blogspot.com

Revenue Management Hospitality: Virginie + Catherine

http://hotelrm.blogspot.com/2005/04/virginie-catherine.html

Sunday, April 10, 2005. Since I can't post the link, I'm putting it here:. Posted by eac @ 9:20 PM. Comments: Post a Comment. Links to Class Members' Blogs. Virginie St. Laurent.

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cmh-yieldmngt

Wednesday, April 27, 2005. RM Final Exam - Due date : April 29th - 9 Am. What is the purpose of DFS, what attributes does it measure? Marriott has been known as an industry leader in revenue management since before the practice had a name. During the 1990s, Marriott developed two revenue management systems: the demand forecasting system (DFS). For Marriott's full-service hotels and the revenue management system (RMS). The way a three-night stay might. The purpose. How was it accomplished? Reducing the ov...

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