Hospitality Property School

Revenue Management – Guaranteed Techniques That Work | Ep. #231

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Sinopsis

Efficiently managing rates and availability while watching on all the different key performance markers takes training and talent. You need to understand revenue management and I will guide you.Your guest room is a perishable product.For this reason, pricing and customer happiness remain extremely important variables.For you to consistently succeed, you need to understand revenue management and why it is important.In this edition, I will explain why daily audit reports are necessary for the success of any hospitality property and which reports are the most important?Why did you want to become a hospitality property owner?• The idea of becoming a hospitality property owner and greeting guests sounded appealing.• You were tired of the rat race and wanted to take control of your own destiny.• Or like most owners, you wanted to make money or even better, to make more money in less timeOne of the main factors you need to be successful and make more money in less time it is for you to understand revenue management