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Revenue Management

Friday, April 29, 2005. There are two views : macro-market and micro-market. Nowadays market place is changing rapidly, customers are more informed and more demanding. As a consequence, they are no longer satisfied by a single mass market offer. In addition to that, whereas traditional forecasting solutions and systems ignore the customer and, instead, forecast future demand for a product based on what demand has historically been for that product, DFS takes into account customers’ behaviours, time perio...

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Revenue Management | sthorailler.blogspot.com Reviews

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Friday, April 29, 2005. There are two views : macro-market and micro-market. Nowadays market place is changing rapidly, customers are more informed and more demanding. As a consequence, they are no longer satisfied by a single mass market offer. In addition to that, whereas traditional forecasting solutions and systems ignore the customer and, instead, forecast future demand for a product based on what demand has historically been for that product, DFS takes into account customers’ behaviours, time perio...

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1 revenue management

2 final exam

3 question 1

4 question 2

5 question 3

6 a 3 nights

7 b 6 nights

8 question 4

9 question 5

10 closed on monday

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revenue management,final exam,question 1,question 2,question 3,a 3 nights,b 6 nights,question 4,question 5,closed on monday,2 comments,1 comments,dynamic recommendations,0 comments,revenue management efforts,market driven prices,about me,name,links

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Revenue Management | sthorailler.blogspot.com Reviews

https://sthorailler.blogspot.com

Friday, April 29, 2005. There are two views : macro-market and micro-market. Nowadays market place is changing rapidly, customers are more informed and more demanding. As a consequence, they are no longer satisfied by a single mass market offer. In addition to that, whereas traditional forecasting solutions and systems ignore the customer and, instead, forecast future demand for a product based on what demand has historically been for that product, DFS takes into account customers’ behaviours, time perio...

INTERNAL PAGES

sthorailler.blogspot.com

1

Revenue Management: Dynamic Recommendations

http://sthorailler.blogspot.com/2005/04/dynamic-recommendations.html

Monday, April 04, 2005. The aim of the Optims Revenue Management System is to increase the hotel's revenue by following the rule of selling at the right price for the right customer at the right time. In order to apply this principle in the better way possible some dynamic recommendations are made by Optims. These ones involve several points such as : price, length of stay, overbooking. Posted by Stéphanie Thorailler @ 3:06 AM. View my complete profile.

2

Revenue Management: March 2005

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

Saturday, March 19, 2005. According to me, nowadays Revenue Management is an every hotel's department effort. To conclude I would say that every staff member of a hotel should be aware of the Revenue Management strategy, even if they do not play a direct role in it, because it is a matter of taking it into account every day and make effort in this sense. Everyone should be involved in maximizing revenue! Posted by Stéphanie Thorailler @ 1:23 PM. Saturday, March 12, 2005. View my complete profile.

3

Revenue Management: Final Exam

http://sthorailler.blogspot.com/2005/04/final-exam.html

Friday, April 29, 2005. There are two views : macro-market and micro-market. Nowadays market place is changing rapidly, customers are more informed and more demanding. As a consequence, they are no longer satisfied by a single mass market offer. In addition to that, whereas traditional forecasting solutions and systems ignore the customer and, instead, forecast future demand for a product based on what demand has historically been for that product, DFS takes into account customers’ behaviours, time perio...

4

Revenue Management: An RM based strategy for each of the channels of distribution?

http://sthorailler.blogspot.com/2005/04/rm-based-strategy-for-each-of-channels.html

Monday, April 18, 2005. An RM based strategy for each of the channels of distribution? Every customer has a purchasing power, a lifestyle and some expectations which all differ from those of his neighbour. And everyone has his own way of booking hotel's rooms or travels, online or offline. Thus it seems obvious that each of the channels of distribution should have an RM based strategy. Which seems the best, acording to me, is trying to focus on the net in order to be the "master" on its territory, like a...

5

Revenue Management: April 2005

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

Friday, April 29, 2005. There are two views : macro-market and micro-market. Nowadays market place is changing rapidly, customers are more informed and more demanding. As a consequence, they are no longer satisfied by a single mass market offer. In addition to that, whereas traditional forecasting solutions and systems ignore the customer and, instead, forecast future demand for a product based on what demand has historically been for that product, DFS takes into account customers’ behaviours, time perio...

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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: 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.

hotelrm.blogspot.com

Revenue Management Hospitality: Class 18/04

http://hotelrm.blogspot.com/2005/04/class-1804.html

Sunday, April 10, 2005. Post due by 16/04. The following article defines online direct and indirect distribution. The Internet: Hotelier's Best Ally or Worst Enemy? Please read and review, posting an answer to the following question:. Does a hotel need an RM based strategy for each of the channels of distribution? Your answers will be discussed in class. Posted by eac @ 10:02 PM. Hoteliers seem to be, in a way, aware of the opportunities that the direct sales markets brought by the net services: Online d...

hotelrm.blogspot.com

Revenue Management Hospitality: February 2005

http://hotelrm.blogspot.com/2005_02_01_archive.html

Sunday, February 13, 2005. The grade for the course will be made up of 4 parts, each is 25% of the grade:. Online posting, each week. Each week there is a required reading for the next class. You will find the link here, in the blog. A text link looks like this "Yield Management Article". Following each article is a discussion question, please answer the question in your OWN blog. The place to set up your own blog is www.blogger.com. It is as easy as doing email. Posted by eac @ 10:36 PM. Virginie St&#46...

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Revenue Management

Friday, April 29, 2005. There are two views : macro-market and micro-market. Nowadays market place is changing rapidly, customers are more informed and more demanding. As a consequence, they are no longer satisfied by a single mass market offer. In addition to that, whereas traditional forecasting solutions and systems ignore the customer and, instead, forecast future demand for a product based on what demand has historically been for that product, DFS takes into account customers’ behaviours, time perio...

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