You can follow any responses to this entry through the RSS 2. You can leave a response , or trackback from your own site. I hope to offer something again and aid others like you aided me. I invite to share your point of views in this blog and I thank your opinion about this blog because goal is setting an international platform to be a reference about revenue management and it should be a task sharing.
Still, the posts are very brief for novices. Could you please prolong them a bit from next time? Thanks for the post. About your advice of longer posts but I prefer short post with main essence because they are easiest to scan and read, facilitating reflection on matters. Fell free of writting your comments, we could set a good platform about revenue between us, the blog readers.
I actually do have a couple of questions for you if you tend not to mind. Could it be only me or do some of these responses appear as if they are left by brain dead people? Would you make a list of every one of your shared pages like your Facebook page, twitter feed, or linkedin profile? Hi Antoine! You are commenting using your WordPress. You are commenting using your Google account.
You are commenting using your Twitter account. You are commenting using your Facebook account. Notify me of new comments via email. This means the markup is The wholesaler's take will always be equal to This means the margin is These two principles are just two common ways of calculating how much your hotel's net rate will be for room nights sold on a wholesaler's website.
Maximum Nights or Maximum Length of Stay aka Maximum Nights Arrival A Maximum length of stay on arrival restriction limits availability by specifying a maximum number of nights that may be booked for stays that include the restriction date as the arrival date.
Maximum Nights Through or Maximum Length of Stay Through A Maximum length of stay through restriction restricts availability by specifying a maximum number of nights that may be booked for stays that include the restriction date in any part of the stay date range. Minimum Nights or Minimum Length of Stay aka Minimum Nights Arrival A Minimum length of stay on arrival restriction limits availability by specifying a number of nights that must be booked for stays that include the restriction date as the arrival date.
Minimum Nights Through or Minimum Length of Stay Through A Minimum length of stay through restriction limits availability by specifying a number of nights that must be booked for stays that include the restriction date in any part of the stay date range. Net Rate When your hotel's room nights are sold on a wholesaler, the amount your hotel takes from the sell rate is your net rate.
Rate Parity You achieve rate parity for your hotel when the same rate structure exists across all of your hotel's distribution channels. This is important for many reasons. It increases your hotel's rate integrity, so the guest feels confident they are getting the best rate available no matter what channel they book your hotel through. Another reason is to protect your relations with the channels you work with as they all feel they are on equal footing when working with your hotel.
Sell Rate When your hotel's room nights are sold via one of your distribution channels, the amount the guest has to pay for your hotel's room night is the sell rate. Stop Sell This is the act of stopping the sales of your hotel's room nights on your distribution channels. A stop sell aka closeout prevents your hotel from being bookable. This is typical when a hotel is sold out for a certain time period.
Wholesaler This is a third party organization that sells your hotel's room nights.
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