Hotel Revenue Management Action Steps 3

We have to start with a budget or forecast before we consider working on our pricing. But how do we forecast accurately. Here some hotel revenue management implementation action steps to help you out.

 Step 3 in our Revenue Management implementation plan:

  1. Develop and update your demand calendar for any recognized exceptions.
  2. Implement day by day budget, by segment with room nights and average selling rate.
  3. into action a rolling forecast to keep 12 or 13 months day by day rate strategies open on all your public distribution channels.

Previous Page Next Page

Amsterdam - Bangkok - Barcelona - Brussels - Dubai - Jakarta - London - Miami - New York - Paris

Xotels Ltd., Zandvoortselaan 10, 2042 XA Zandvoort, The Netherlands
Chambers of Commerce, Haarlem - the Netherlands, Nr: 34 24 13 54

Our Partners: HotelScienz - Veturi Hotels - Vojo-Ventures

Aggregated Rating Score


Don't miss a thing!
Subscribe to our blog

Sign Up ! Get the latest tips and trends from our blog

Please complete this form to create an account, receive email updates and much more.
Contact Email  *
Name 
You can sign up to receive email updates from topics that may interest you.
*Required Fields