{"id":3826,"date":"2020-11-11T04:49:35","date_gmt":"2020-11-11T04:49:35","guid":{"rendered":"http:\/\/onlineclassesguru.com\/?p=3826"},"modified":"2020-11-11T04:49:53","modified_gmt":"2020-11-11T04:49:53","slug":"our-hotel-company","status":"publish","type":"post","link":"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/11\/our-hotel-company\/","title":{"rendered":"Our hotel\/company"},"content":{"rendered":"<style type=\"text\/css\"><\/style><p>Assignment:<\/p>\n<p>The Revenue Manager\u0092s job has become even more complex today with the increased use of the internet by consumers to search for vacation packages, hotel rooms and of course the best value in rates. This also requires the revenue team to ensure it\u0092s rates are up to date based on supply and demand in the marketplace, forecasts, their hotel\u0092s position in their competitive set, changing economic variables, marketplace conditions and what the competition is doing in response to all of this as well.<\/p>\n<p>Introduction \u0096 5 marks Why this revenue management analysis is important to the revenue management program of your chosen hotel. How you conducted your research and any limitations to your research that would affect the results.<\/p>\n<p>Part 1 \u0096 The Research (35 marks)<\/p>\n<p>1. Pick a hotel which is part of a hotel chain (your \u0093selected hotel\u0094) and two primary competitors (6 marks). This must be submitted in Week 9 for approval as well as being part of your report.<\/p>\n<p>2. What is the competitive advantage for your \u0093selected\u0094 hotel over its competitors. (2 marks)<\/p>\n<p>3. Design a SWOT analysis (4 main points under each of S,W,O,T) for each of the 3 hotels above. (12 marks)<\/p>\n<p>4. Check rates for each of the 3 hotels for a leisure customer traveling on: (15 marks)<\/p>\n<p>\u00b7 A weekend (Friday and Saturday night stay)<\/p>\n<p>\u00b7 2 consecutive nights \u2013 weekdays (Dec. 2019)<\/p>\n<p>\u00b7 2 consecutive nights during March 2019 (if applicable to the demand in your market. You need to determine when March break is for your market). Or another high demand period<\/p>\n<p>*your leisure customer may be a family, group of students, a couple \u2013 your choice. It must be the same customer profile for each hotel. Ask for the best available rate.<\/p>\n<p>\u00b7 Rates must be checked at the same time for each hotel for comparison purposes. Record the date and time when you checked the rates. This should be reflected on your spreadsheet of results.<\/p>\n<p>i.e. Rates were checked on Nov. 5th for a possible booking for the dates of November 25th and 26th.<\/p>\n<p>\u00b7 The rates should be checked in a minimum of the following FIVE distribution channels.<\/p>\n<p>\u00b7 Call hotel reservation number. This may be the hotel directly or the 800 number for a chain. Make sure you identify which one.<\/p>\n<p>\u00b7 Check the hotel website.<\/p>\n<p>\u00b7 Check Three (3) applicable 3rd party booking sites (i.e. expedia, booking.com etc.)<\/p>\n<p>\u00b7 You will need to print a screen shot of each rate that you find on the internet for each time period.it is a project so I will attach it<\/p>\n<p><center><a href=\"http:\/\/onlineclassesguru.com\/orders\/ordernow\"><img decoding=\"async\" src=\"https:\/\/encrypted-tbn0.gstatic.com\/images?q=tbn:ANd9GcTyj99p60XCLyLk1htB7-1neRt8-2QdnenNlQ&usqp=CAU\"target=\"_http:\/\/onlineclassesguru.com\/orders\/ordernow\"\/><\/center><p>","protected":false},"excerpt":{"rendered":"<p>Assignment: The Revenue Manager\u0092s job has become even more complex today with the increased use of the internet by consumers to search for vacation packages, hotel rooms and of course the best value in rates. This also requires the revenue team to ensure it\u0092s rates are up to date based on supply and demand in&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3826","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Our hotel\/company - onlineclassesguru<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/11\/our-hotel-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Our hotel\/company - onlineclassesguru\" \/>\n<meta property=\"og:description\" content=\"Assignment: The Revenue Manager\u0092s job has become even more complex today with the increased use of the internet by consumers to search for vacation packages, hotel rooms and of course the best value in rates. This also requires the revenue team to ensure it\u0092s rates are up to date based on supply and demand in...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/11\/our-hotel-company\/\" \/>\n<meta property=\"og:site_name\" content=\"onlineclassesguru\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-11T04:49:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-11T04:49:53+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/onlineclassesguru.com\/#website\",\"url\":\"https:\/\/onlineclassesguru.com\/\",\"name\":\"onlineclassesguru\",\"description\":\"Cheap Professional coursework and reaction papers help\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/onlineclassesguru.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/11\/our-hotel-company\/#webpage\",\"url\":\"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/11\/our-hotel-company\/\",\"name\":\"Our hotel\/company - onlineclassesguru\",\"isPartOf\":{\"@id\":\"https:\/\/onlineclassesguru.com\/#website\"},\"datePublished\":\"2020-11-11T04:49:35+00:00\",\"dateModified\":\"2020-11-11T04:49:53+00:00\",\"author\":{\"@id\":\"https:\/\/onlineclassesguru.com\/#\/schema\/person\/1831fa4d28e47b468621cf27932f5742\"},\"breadcrumb\":{\"@id\":\"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/11\/our-hotel-company\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/11\/our-hotel-company\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/11\/our-hotel-company\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/onlineclassesguru.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Our hotel\/company\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/onlineclassesguru.com\/#\/schema\/person\/1831fa4d28e47b468621cf27932f5742\",\"name\":\"admin_admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/onlineclassesguru.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/429c8d043f7a770af242b0031e8b9f2b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/429c8d043f7a770af242b0031e8b9f2b?s=96&d=mm&r=g\",\"caption\":\"admin_admin\"},\"url\":\"https:\/\/onlineclassesguru.com\/index.php\/author\/admin_admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Our hotel\/company - onlineclassesguru","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/11\/our-hotel-company\/","og_locale":"en_US","og_type":"article","og_title":"Our hotel\/company - onlineclassesguru","og_description":"Assignment: The Revenue Manager\u0092s job has become even more complex today with the increased use of the internet by consumers to search for vacation packages, hotel rooms and of course the best value in rates. 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