Final ASSESSMENT 3 REVENUE MANAGEMENT
The focus on this assignment is to focus on the strategies
Question
1 talking about the definition show the example how to calculated and
Actual formula 3. Mark
A occupancy
B ADR
c RevPAR to find the bad days means worst performance days of the week
2 Questions
Asking to analysis your hotels VS to competitors hotels
Which of this three more relevant
Calculate the index
3 point defining
Worst performing date and why you think it is as the revenue manager
Question 3
Tricky question
Example booking .com it’s a great way to analysis to compare to the market TIRVAGO WEBSITE for example what are they doing helpful website OTA INSIGHT
Other tools to use to show and describe you might insert picture
Question 4
This question worth 4 point mark
Highlight and talk about what you might want to change
Occupancy, ADR , Re PAR
Strategy worth 10 point mark
Listing 5 strategies for those hotels describe why
List 5 and describe them 10 point
5 question
Each 9 to 10 points
3 stakeholder’s who the stakeholders is
Think about the type of the information does the front manager want to know
Question 6
The hotel at the top it just up hotel be creative or think hotel or bar
Revenue management strategies
Talk about the strategies mark 1 point per strategies area and
Slides week 1to 11