Conference, Banquet & Group Revenue Management
Introducing Function Space Yielding
Highlights
2) How can I build useful reports and statistics?
3) How can I implement dynamic pricing on function space?
4) What is the relation between Function Space Yield and my Room Yield?
5) Can I introduce profitability in my decision process?
The following subjects will be covered during the seminar;
How can Revenue Management be applied to your Hotel’s Function space?
- Taking control of the function space’s limitations and characteristics.
- Which statistics to use to measure the result.
Developing statistics and analysis
- Building meeting room denial and pick-up reports.
- Merging your room forecast with a function space forecast.
- Applying profit analysis to banquet requests with and without bedrooms.
Pricing of Function Space
- Introducing dynamic pricing to banquet and meeting space.
- Applying price and inventory restrictions.
- Developing pricing techniques to stimulate demand.
Practical Case Study
- Discussion on the implementation process with sales, clients and information systems.
We will be conducting this seminar in 16 major European cities; Amsterdam, London, Madrid, Barcelona, Stockholm, Oslo, Paris, Dublin, Prague, Budapest, Athens, Istanbul, Berln, Munich, Milan and Rome...
You will find a detailed agenda attached or on our website: www.xotels.com
I attended both a seminar and workshop of Xotels and the days were well organized and exciting, moving through many subjects covering all aspects of Revenue Management. It challenges the way you work on a daily basis in your hotel and presents easy ideas to increase efficiency of your revenue management operations and sales strategies.’ Harold J. Kluit, Director of Revenue & Marketing at Swissotel Amsterdam.
For more information please contact Patrick Landman
