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Operation Management

Operation Management — page 141 of 318

1. Collect data of current hotel inventory and utilize it • § You will need to catalog all rooms and every secondary inventory item available at your hotel. 2. Assess the Purchasing Behavior of Your Guests • § When it comes to secondary hotel inventory, to efficiently manage it, you need to take a closer look at the purchasing behavior of your guests. . 3. Identify Patterns • § When you collect the data, you will be able to identify patterns. Patterns will help you stay on top of your management efforts. 4. Use data to optimize Hotel Inventory Management • § Finally, with all this data at your disposal, you’ll be able to make informed decisions. The insights will enable you to optimize hotel inventory, maximize revenue, and make your guests happy.