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Documents Front office-management-and budgeting ppt

Front Office Budgeting The most important long-term planning function FOM is responsible for: 1. Forecasting Rooms Revenue Use historical trend data 2. Estimating Expenses…

Documents Yield Management A technique used to Maximize Room Revenue Used for reservations of a Perishable.....

Slide 1 Yield Management  A technique used to Maximize Room Revenue  Used for reservations of a Perishable Commodity: –Hotel Rooms –Airplane Seats –Rental Cars…

Documents Yield Management

Yield Management A technique used to Maximize Room Revenue Used for reservations of a Perishable Commodity: Hotel Rooms Airplane Seats Rental Cars Cruise Ship Cabins Hotels…