Comments on: Balance Management or Revenue Management

By: Saiman

Saiman — Mon, 29 Jun 2009 07:05:21 +0000

Well..revenue management is more than what is noted here. Frequent unresolvable error occurs in the industry due to the fact that the industry is not using modern revenue management techniques such as yield management, which consider important factors such as RevPAR, Occupancy%. In addition, for a better revenue management, the revenue management team should also consider past statistics, capacity management, discount allocation and duration control. For a better targeted rate, the industry should also consider techniques such Harbert Formula in calculating the Rack Rate.

However, i must say Mr. Nabeel has highlighted an important unique issue to consider in managing the tourist demand for resorts in Maldives.

By: ammu

ammu — Tue, 09 Jun 2009 06:57:45 +0000

I clearly have nothing to say to this cox your way out of my league. I guess something we all have within our resorts but the name given to it different. HS your right as well”well thats what happens when the wrong people try operating the “Wrong tap” ”

By: HS

HS — Thu, 21 May 2009 12:28:15 +0000

Well Said Nabeel.

It’s clearly visible that some of the Sales Exec’s at very Grand Hotels in the Maldives are mishandling the “Taps” which results to a Long Term Unresolvable Error in the Revenue Formula.

well thats what happens when the wrong people try operating the “Wrong tap”

Well Done Nabeel!