Room Division Manager Forecasting Data And Revenue Study Tourism Essay

Room Division Manager Forecasting Data And Revenue Study Tourism Essay By forecasting room availability we mean forecasting the number of rooms available for sale. In order to facilitate forecasting Room Division Manager should collect the following data that helps manage the reservation process. Number of expected room arrivals- is the number of guests that have already made reservation in the hotel and are expected to check à ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬in. Number of expected room walk-ins- Walk-ins are the guests without reservations that coming in the hotel. This number helps the front office managers to use the appropriate number of staff and prepare rooms for the expected walk-ins. Number of expected room stayovers- is the number of guests that will not expected to check out today and will continue stay in the hotel. Helps the management to know the occupancy of the hotel, the number of rooms that are available for sale and the number of employees that must be used. Number of expected room no-shows- is the number of expected guests who did not arrive in the hotel. This number helps front office managers to know if there are rooms available for sale and decide when to sell rooms to walk-in. Number of expected room understays- is the number of guests who check out before their departure date. Helps the management to know additional room availability. Number of expected room check-outs- is the number of guests expected to departure from the hotel that day. This number helps the management with the number of available rooms for sale. It helps them to use the right number of employees will be needed in the front office during the check-out process and the number of housekeepers in order to clean the rooms. Number of expected room overstays- Overstays are the guests who stay beyond their departure date. This number alerts management for any problems when rooms have been reserved for arriving guests. Moreover, this type of forecasting can be used as an occupancy forecast that helps the management to decide how many employees needed for a shift depended on the expected volume of business. 2. Explain the concept of revenue management and how R.D Manager can maximize revenue by using forecast data. Revenue management is the process of each hotel to understanding guest behavior in order to maximize the revenue. The philosophy of the revenue management of a hotel is to sell the right room to the right person at the right time for the right price. The revenue management plays an important role in the financial success of any hotel. It includes a number of tactics and strategies that make the hotel to develop best selling situations. Revenue management is always depends on the law of demand and supply. There are more factors that can draw a reliable forecasting that affects the business, like long/short stay guests, type of room, cost of room etc. The concept of the revenue management is to pick the business that gives the maximum yield for the hotel. The management of the hotel wants to attract guests who pay the most and stay longest. There are numerous benefits coming of Revenue Management. The revenue management improves forecasting. It improves decisions about the prices and t he inventory of the hotel. It identifies new market segments and the demand of each market segment. The revenue management improves development of short and long term business plans and tries to increases the profit of the hotel and decrease the operating cost of the hotel by saving in labor cost, waste time from employees or other operating expenses. The forecasting data have lot to do with the revenue of the hotel. The forecasting data are used for the R.D manager to the revenue management techniques that followed from a hotel in order to increase the profitability to a great extent .These strategies are used from the Revenue Management are the capacity management, the discount allocation and the duration control. The Capacity management involves methods to balance the risks and control the room supply. It balances risks of overbooking against possible loss of revenue from guests that cancel their reservation, under-stays, and no-shows. It also involves in determining the number of walk-ins can be accepted on the day of arrival taking all the above in consideration. The Discount allocation involves methods to manage discounts for the rooms for various time periods from the rack rates. The Room Division manager and the sales agents must be able to sale at the best possible rates and at the same time to sale all the rooms of the h otel. All the room types of the hotel reduced rate- structure below the rack rate is given to reservations. Implementing this method requires reliable demand forecasting. This method helps also in up-selling by limiting the discounts by room type. Duration control is managing to place time limits on accepting reservations in order to give room request that are multiple days that represents higher level of revenue than single day occupancy that represents lower level of revenue. To increase the revenue the management can be combined the strategies of duration control and discount allocation. For example, the hotel can make a discount to a guest that will stay in for two weeks while one day stay require rack rate.

Facing the Facebook “Responce”

Facing the Facebook â€Å"Response† I’ve realized technology is very helpful now days but in the classrooms it’s more distracting than anything else. As Michael J. Bugeja stated in â€Å"Facing the Facebook†, Academics assessing learning outcomes often discover that technology is as much a distraction in the classroom as a tool. I catch myself checking my phone in class every now and then but when I do I miss out on what the instructor is teaching.Technology is a great tool for us to learn and gather information but when you put technology in the classroom it becomes more distracting than helpful. It isn’t rare to look around the classroom and see a few classmates on their cell phones, laptop or any other electronic device. Although instead of using technology to do research on the topic being discussed in class, most use it as a form of entertainment, which makes it hard to pay attention to the lecture being given by the instructor.As Bugejaâ€℠¢s essay tells the readers, â€Å"Increasingly, however, our networks are being used to entertain members of â€Å"The Facebook Generation† who text- message during class, talk on their cell phones during labs, and listen to iPods rather than guest speakers in the wireless lecture hall†. I’ve had my own personal experience where technology distracted me from learning and taking the proper notes for a test. Instead of paying attention to the instructor, I was texting a girl I had just met while the instructor was lecturing.That conversation made me miss out on the material that was going to be tested on. I ended up failing the test because I didn’t know what it was about. Not only does technology distract students, I’ve also witnessed a lot of my classmates fail the entire course because they got caught cheating on a test using their cell phones. As Bugeja said, â€Å"Professors and librarians encounter improper use of technology by students, and s ome of those cases go to judiciary officials who enforce the student code. † Before taking any test my instructor would always tell everybody to turn off the phones.I guess my friend didn’t have enough time to study for the final so he wrote a lot of the information given in class over the test in his phone. He forgot to put the phone on silent so when he received a text message it made a noise and the instructor heard. His phone got confiscated immediately and the instructor saw all the notes that he had wrote down. Not only did he fail the final for cheating he also failed the entire course. Now days if a student doesn’t use technology in class or isn’t involved in any social network sites, he or she may feel left out.As Michael Tracey said â€Å"One student chirped: ‘Ask them how many use Facebook. ‘ I did. Every hand in the room went up. She then said: ‘Ask them how many used it today. ‘ I did. Every hand in the room went up. I was amazed. † Searching for somebody on facebook is a lot easier now days then trying to look them up in a phone book. Everybody has a facebook so it’s pretty easy to find an old classmate. One time during lunch some friends and I were bringing up memories from high school and started wondering what happened to a particular person.I decided to search for her on facebook and in less than 5 minutes I found her. Technology is very distracting but at the same time its also very helpful. Overall technology is a great tool for us to learn and gather information. Books teach you all there is to know about everything but lets say you have a specific question its a lot more convenient to go online and use a search engine such as Google to answer the question rather than reading an entire book. But when you put technology in a classroom it becomes more distracting than helpful.

Reaction Paper on the 11th Hour

The film documentary was most likely called the 11th hour to give emphasis to what would become of humanity in the near future. The latest possible moment – we all must work hand-in-hand to make this a favorable possibility for everyone. It is a challenge we would all face today, but in due time we may reap a great harvest for our fellow people if we persevere. In the field of business, the role of this documentary is to give those in the corporate sector as well as those who own small enterprises an in depth look to why corporate social responsibility is important. They are given the opportunity to look back at the past, present and strive for a future that can still be altered. As the film progresses, the issues on global warming, extinction of species, deforestation as well as the slowly disappearing ocean habitats is depicted giving the viewer the chance to think about what he/she ought to do now. These concerns are actually our country’s own, too. Deforestation as a result of illegal logging had played its part in making matters worse for the past few years – floods had devastated lives, no trees to stop it in its tracks. The drought the country is experiencing – a sign of global warming. Polluted bodies of water had driven out the freshness of the fish as well as other aquatic creatures. Even though it has its share of endangered species, the Philippines however, does not have concerns on the extinction of any at the moment. This is most likely because of many other things the government is busy with. But no matter how we look at it, what is happening to the ecosystem around the world is a large outcry to the acts of the past recurring now.

Ancient Art With A Modern Twist - 1406 Words

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