High Impact Calendar Use. Code for Clients to Understand  High Impact – anything in CLTHH only with more than 170 Definite Group Rooms on those dates.

Slides:

Advertisements

Similar presentations

ChicagoBTA Allied Member Hotel Industry Update John Hach Senior Vice President TravelClick August 2 nd,

Advertisements

2013 NA Sales Incentive Trip Criteria Global & NA Incentive Trips.

Price Elasticity (Fig 5.6) DeDe DeDe DiDi DiDi Price per unit of service Quantity of units demanded D e : Demand is price elastic. Small changes in price.

Elasticities. Objectives Students will be able to Calculate the elasticity of demand. Calculate the value at which total revenue is maximized. Determine.

Woods et al., Professional Front Office Management © 2007 Pearson Education, Upper Saddle River, NJ All Rights Reserved. 1 Revenue Management.

WELCOME TO REVENUE MANAGEMENT Executive Orientation.

8/6/ The Future of Manufacturing: Next Generation Manufacturing Strategy.

Visit Jacksonville President’s Report Tourist Development Council Meeting August 2014.

 Introductions  Goals  Revenue Management (RM) Review  Questions and discussion  History of Electronic Distribution  Questions and discussion  Self-Assessment.

© 2011 iJET International, Inc. All Rights Reserved | iJET® PROPRIETARY AND CONFIDENTIAL INFORMATION Worldcue ® TRAVELER An Introduction Log in at:

TRAVELING TO CATANIA ACTIVITY 3 MATHS AND TRAVEL.

1 Essential Question: Identify the two ways that producers can increase profit, List and briefly describe the 6 non-price determinants of supply, and evaluate.

1 O&D Forecasting Issues, Challenges, and Forecasting Results John D. Salch PROS Revenue Management, Inc.

Visit Jacksonville President’s Report Tourist Development Council Meeting August 2013.

Copyright © 2006 Thomson Delmar Learning All Rights Reserved Selling Hospitality Chapter 2 Buyers and Sellers in the Hospitality Industry.

Shoemaker, Lewis, and Yesawich: Marketing Leadership in Hospitality and Tourism, 4 th edition © 2007 Pearson Education, Upper Saddle River, NJ All.

Revenue Management Week 5 Subject : V0206 – Administrasi & Operasional Kantor Depan Year : 2009.

Robert Hernandez, Hotel Data Science

Interest. I) The price of borrowing money A) Expressed in terms of %. B) Payback is always greater than the loan.

Slide 1 Revenue Management Appendix 10A Revenue Management is the problem of the disappearing inventory. Managers must be flexible to change their predicted.

Some of the best books of  &mid= A23D2FC75CD A23D2FC75CD7.

To Book a Flight, you have three ways to select flights. 1) Click on Flights from the Tool Bar. 2) Click on Flights with the Radio Button. 3) Click on.

TRAVEL UPDATE – MAY 2007 STRATEGIC PROCUREMENT. Overview FAQs System Update –Web Booking Engine (domestic) –Flightlock Latest News –Random Monthly Fare.

2.01 Recap. Economic Multiplier Economic multiplier – an effect in economics in which an increase in spending produces an increase in national income.

"The definition of insanity is doing the same thing over and over and expecting different results.” - attributed to Benjamin Franklin.

Marketing Grant Request. Requesting 10% of the annual bed tax collections, totaling $555,484 for These funds will be used to strengthen and.

Chapter 5 Managing Currency & Finances Copyright © 2007 by John Wiley & Sons, Inc. All rights reserved.

Design Question 6 What will I do to establish and maintain classroom rules and procedures? Page 199.

Corporate Travel Viewpoints January 25, 2012 Will Tate Senior Vice President Management Alternatives, Inc

Operational Performance Overview on the Belgrade and Serbian Market.

The Advantages to Working with your DMO INBTA January 13, 2015.

HOTEL COMMISSION REVENUE. 2 Top 3 RevPar Denver22%$71 Nashville19%$74 SFO18%$144.

Stream Agent Training February page 2 Stream > Getting Started (Agency Administrators) Company Profile: Verify all the information is correct. Information.

Click to edit title. REVENUE MANAGEMENT AND DYNAMIC PRICING IN BRUSSELS AIRLINES.

Conventions, Meetings, and Special Events. Definitions Meeting – a gathering of people for a common purpose Convention – a gathering of people to accomplish.

Introducing thefarrenpartnership revenue management designed for hotels.

Chapter 7, Section 2. Revenue Management Increase Revenue by: Managing the number of rooms filed Managing the number of discounts offered Booking guests.

Company Name Description of Plan Todays Date. 24/01/2016 Objectives Your target = £X per annum. Average order value £X– then you need to work out how.

Woods et al., Professional Front Office Management © 2007 Pearson Education, Upper Saddle River, NJ All Rights Reserved. 1 Managing Forecast Data.

This is Not a Book About …. Author: Illustrator: Class: Date:

Marketing: Its Most Important Function. Variations in Demand Relative to Capacity VOLUME DEMANDED TIME CYCLE 1 TIME CYCLE 2 Maximum Available Capacity.

Benefits of Flight Booking Engine Makes Perfect Online Flight Ticket Booking Axis Softech Private Limited.

WORK – Report Summary and Samples JULY 2012.

Custom Soft is Software development Company based in India and it has an in depth knowledge in the area of software development to give you customized.

2.01-Understand the impact of the hospitality and tourism destinations on an economy.

How to book hotel on line IMWA2014 secretariat May 28, 2014.

How do hotels change prices as time approaches the booking date? When you do hotels booking Singapore online, you might check out the rates offered by.

Best Travel Agencies and Services in Sharjah

ECO 365 Week 1 DQ 1 What is the definition of price elasticity of demand? What is the relationship between price elasticity of demand and total revenue?

CustomSoft provides full range of Software development services like Website Design and Development, Application Development for Insurance, Healthcare,

Building the Logic Model:

Chapter 5 Capacity Planning.

Revenue Management. Revenue Management How do we price right to maximize revenue? Raise/Lower Rate Strategically Optimize Discounting Change the Customer.

2.01-Understand the impact of the hospitality and tourism destinations on an economy. Ms. Osteen.

Chapter 5 Capacity Planning.

FORECASTING IN HOTELS STARTS WITH MAKING A BUDGET

Price Discrimination.

HOTEL PRICING STRATEGIES

MARKET SOURCES WEEK 7.

USING REVENUE MANAGEMENT

2.01-Understand the impact of the hospitality and tourism destinations on an economy. Ms. Osteen.

On Demand Taxi Booking Script, Online Taxi Reservation Software, On Demand Taxi Aggregator App Development.

Tell me when you want to stay,

H-tel - Marketing The business needs to identify new markets to ensure that the business can fill its new rooms. A marketing strategy must be created to.

2019 Annual Corporate Account Review (ACAR)

Operations Management

Around the room Orders of operations.

Thing / Person:____________________ Dates:_________________

After Dark Chapter am..

Working Your Marketing Plan

Presentation transcript:

High Impact Calendar Use

Code for Clients to Understand  High Impact – anything in CLTHH only with more than 170 Definite Group Rooms on those dates  VC – Visit Charlotte Booking – anything with over 600 rooms on peak  Highlighted – High Transient Demand Travel Days

Reason for Use  Prepare your clients for the demand in the city when:  Considering dates to book Groups  Looking at short term Transient reservations

Reason for Use Cont.  Revenue Strategy with Clients  By showing demand over dates, it allows you to prepare them that their rate may not be available – discuss if they had %BAR pricing they would have greater availability  By showing demand over dates, you prepare them to pay BAR or Consortia over those dates  By showing demand over dates, you prepare them to become flexible on group patterns or prepare for higher group rates

Clients That Receive Calendar

In other words…  Any client Local or National that books your hotel frequently  Consortia and TMC as well  Any and all clients that you want to achieve rate increases or move to %BAR