Reading for 08/12 Class

I look forward to your Displacement Calculations and Strategies next week...the work we didn't finish in class.

The required reading for next week is:

Top 5 Must-Do's to Increase Room Profitability

Be able to discuss the development + role of a Revenue Management Team; demand and pricing by channel.

We will have a mid-term exam on 15/12...and a significant in class exercise (graded) on 22/12.
For the mid-term, please be sure to be familair with concepts:

• Demand, internal + external influences
• Demand forecasting + revenue planning
• Terms + concepts in the article "Revenue Management is Really Profit Management"
• Article was assigned reading in previous weeks
  
• The Revenue Management Cycle

Exam info - as usual 'Open Book', you may bring print outs, notes and translators. The exam is on your understanding and application of the information, not find the answer in the article.

I thank you for letting me know of any problems in advance, if you come to me after the fact...I cannot help you.