$20 Bonus + 25% OFF
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
Add File

Error goes here

MHC604 Revenue Management

tag 0 Download16 Pages / 3,789 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

Pricing is one of the two strategic levers used to optimize revenue and is, arguably, the most critical component of Revenue Management suggesting that consumers are prepared to pay more to hotels delivering service excellence. 

For this assignment, you are to write a 3,000 word Case Study Analysis that recommends a Revenue Management strategy for the financial year July 2017 — June 2018. You will prepare your analysis as if you were the Revenue Manager for the Four Seasons Hotel Sydney. The General Manager has already indicated his concern about the transparent nature of pricing and has requested that your strategy specifically addressing this. 

Although this report is based on a real hotel and across a future period, it requires a strong theoretical framework with reference to the literature. It must also account for recent changes and predictable events in the area of revenue management. Current market analysis reports should be included as part of the overall strategy. You can use tables, charts, graphs to support your pricing strategy. Aspects that require critical consideration are:
 
An analysis of market segmentation
 
Competitor set Analysis
 
An analysis of the external environment
 
Demand Forecasting
 
Channel Analysis 
Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 16 pages, 1 USD Per Page

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2021). Revenue Management. Retrieved from https://myassignmenthelp.com/free-samples/mhc604-revenue-management/price-of-the-product.html.

My Assignment Help (2021) Revenue Management [Online]. Available from: https://myassignmenthelp.com/free-samples/mhc604-revenue-management/price-of-the-product.html
[Accessed 24 September 2021].

My Assignment Help. 'Revenue Management' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/mhc604-revenue-management/price-of-the-product.html> accessed 24 September 2021.

My Assignment Help. Revenue Management [Internet]. My Assignment Help. 2021 [cited 24 September 2021]. Available from: https://myassignmenthelp.com/free-samples/mhc604-revenue-management/price-of-the-product.html.


Being the best professional economics assignment help service provider in Aus, MyAssignmenthelp.com never compromises when it comes to stringent deadlines and delivery of assignments on time. We have appointed a special team of writers who make it a point to work round the clock to deliver unique solutions much before the deadline. Not only that, but we also offer one-day delivery as well as one-hour delivery of your assignment help. Place a request for urgent assignment help and never miss a submission deadline again.

Latest Management Samples

BSBHRM501 Manage Human Resources Services

Download : 0 | Pages : 6

Answers: In managing human resources in Australia, the following five legislations must be applied. Equal Opportunity for Women in the Workplace Act 1999 that replaced Affirmative Action Act 1986. Business organizations which have more than 100 workers should establish Equal Opportunity for Women in all the workplace programs (Marchington et al. 2016). Privacy Act 1988 must be applied in the organizations as it provides protection for the pe...

Read More arrow

ITC596 IT Risk Management

Download : 0 | Pages : 12

Answer Overview of the case study The report discuss in detail about the ENISA threat which is based on a landscape of 2014 that is able to provide a detailed explanation associated with the threat based intelligence that consist of cyber related threats and the associated trends. It further discusses about the breach of information that took place in 2014 and done by utilized the weakness connected with the security and many cyber threat age...

Read More arrow Tags: Australia City Of Sydney Management University of New South Wales 

INFT3100 Project Management

Download : 0 | Pages : 13

Answer: Part A – General overview Introduction The project management is a generalized concept and it is widely used for the development and implementation of the improved processes in the organization (Chaves et al. 2016). The PM methodology approaches have been preferred for the implementation of the improved processes. The project management methodologies are been used for the development of the improved operations and function...

Read More arrow Tags: Malaysia Kuala Lumpur Management organisational behviour University of Kuala Lumpur Masters in Business Administration 

ENVS6500 Business And The Natural Environment

Download : 0 | Pages : 19

Answer: Introduction An organisation is a legal entity comprising various peoples, such as associations, individuals, and institution that work together in a business or public serving to accomplish common objectives. Each organisation has a management structure which determines and maintains the relationships between different stakeholders and activities to ensure that each role, responsibility, and authority is designed to achieve the organ...

Read More arrow

MKT501 Marketing Management

Download : 0 | Pages : 13

Answers: Introduction A marketing mix analysis will be conduct on Qantas Airline and related marketing strategies will recommend to Qantas Airline for better market performance. All of the 8 marketing mix including product/service, price, promotion, distribution, partnership, people, process and physical evidence will be discus in this report. This report will conduct evaluation strategies for marketing purpose with perspective recommendation...

Read More arrow Tags: Australia Lakemba Management Evaluating Marketing Strategy and Recommendations Rockdale University MBA 
Next

5% Cashback

On APP - grab it while it lasts!

Download app now

*Offer eligible for first 3 orders ordered through app!

ribbon
callback request mobile
Have any Query?