Question
Identify the steps you will take to your put strategies into action. (concerning nonyieldable business such as group bookings to increase revenue and being a
Identify the steps you will take to your put strategies into action.
(concerning nonyieldable business such as group bookings to increase revenue and being a loss )
strategies
(The strategy that I can use is that I will reduce the number of daysthat can be bookedin advance. This will help me to make and adjust in case any eventuality comes by.
Also, I need to checkHow many times in the year dowehave to accept contracted bookings whenwecould sell at higher rates?
Another strategy I will use is that I will have a notice put on the hotels indicating that the rates of the hotel are subject to change. This will help in preparing the clients in case the prices increase. It will also help the hotel since some of the clients will sue the hotel but the notice will be essential in getting the hotel out of this situation. Other members in the team can help in notifying the management when the prices of hotels rise.)
1.List each step you will take to put those strategies into action.
2.For each, describe what you will do personally.
3.Also describe what others on your team will need to do.
What will you (or your team) do in the next month?
What will you have completed over the next quarter?
How are you going to measure your results or demonstrate that your solution has had a positive impact? Outline your measurement strategies here.
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