Revenue management model
Assessment Type: Formal report
Word Limit: 1,200 words
You are required to present an analysis based on an example hotel in report format that includes:
1. A critical review of the revenue management strategy the hotel has adopted for the rooms department.
2. An analysis of the performance of the hotel for the quarter. The analysis should include appropriate variances you wish to highlight to management
3. Recommendations for the future performance of the hotel.
Angliss Grand Hotel (Assumed Hotel)
Format report
1.0 Executive Summary 5%
2.0 Introduction 5%
3.0 Discussion 50%
3.1 Revenue Management Strategy for the room department
3.2 Performance Occupancy
3.3 Quarter Department (Revenue, Salaries and wages, Other expenses
4.0 Recommendations 25%
Note: Could you write recommendation in your idea and put more about
– Train staff to sales the restaurant
– Train staff to upsize room
– Have good proportion of salaries and casual staff
– Spend on marketing
– Have good revenue manager
– Control other expenses
– Good to spend on sales and marketing
5.0 Conclusion 5%
6.0 Appendix Calculations 15%
7.0 References List
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