Forecasting and Availability Controls in Hotel Revenue Management Action Plan

Forecasting and Availability Controls in Hotel Revenue Management Action Plan.

Key Business Problem(s) Hotels and other businesses must learn to control demand in order to use revenue management successfully. This involves expertise in forecasting, rate setting, and the use of availability controls. For your action plan, describe a key business problem related to forecasting and availability that you are interested in addressing. Include in your description any aspects of the problem that could be related to forecasts and forecast errors, rate setting, length-of-stay controls, historical booking data, or demand estimates. the assignement must be done the the file: SHA5321_action-plan.docx Please check this file for all info

Forecasting and Availability Controls in Hotel Revenue Management Action Plan