What is the rationale behind such inventory control criteria

Assignment Help Marketing Management

Reference no: EM13727058

Part 1: Room manager Strategy Review for Year 1 Quarter 1

1. Strategic Pricing for Year 1 Quarter 1
In this section, describe your overall pricing strategies for your rooms. For example, what is your price positioning in the market? What's the rationale for this price positioning? In other words, describe the big picture of your overall pricing strategies for the hotel.

2. Differential Pricing for Year 1 Quarter 1

In this section, describe how you apply differential pricing for your room sales. For example, how is differential pricing applied to different market segments, to weekday/weekend rooms or to different distribution channels? What is the rationale behind such differential pricing strategies? What kinds of rate fences do you set up to apply differential pricing? What is the rationale behind such rate fence decisions? What are the rate adjustment criteria you set up for late bookings? What is the rationale behind such rate adjustment criteria? What are your inventory control criteria (room letting limits)? What is the rationale behind such inventory control criteria?

Reference no: EM13727058

Questions Cloud

Write an overview of the company''s functional strategies : Analyze Chico'sFASInc 2010 Annual Report. In a 2-3 page document, write an overview of the company's functional strategies using the Three Functional Concerns model.

What is the best approach toward meeting this objective : Increasing Profitability...What's the best approach toward meeting this objective, Operational Efficiency - Clearly there are some operational issues that have been and/or remain to be addressed

Circumstances that break down an overall design : Under what circumstances would you break down an overall design to include individual user views? Provide examples from either your workplace or class assignments.

Was the exchange bank correct : Cresheim wrote Martin a letter stating that the oral contract had been made and setting forth all of its terms. Cresheim later refused to recognize the contract.

What is the rationale behind such inventory control criteria : In this section, describe how you apply differential pricing for your room sales. For example, how is differential pricing applied to different market segments, to weekday/weekend rooms or to different distribution channels? What is the rationale..

Why was a risk management plan considered unnecessary : Altex Corporation in the case study section of your text. Write a summary of the case and answer the following questions from the end of the case.

Nested if functions along with vlookup function : The Vlookup function returns a #n/a! error if no lookup value is supplied, and various other errors whne invalid keys are entered. Use a combination of three levels of nested if functions, and other functions to avoid these problems.

The intrinsic and extrinsic rewards provided by the job : The intrinsic and extrinsic rewards provided by the job. The satisfaction and motivational result of those rewards.

Improve the political climate for doing business in vietnam : What, if anything, can Western countries do to help improve the political climate for doing business in Vietnam? Give specific examples.

User Account

All Pages