Revenue Management.Docx

A senior staff will manage relationship & act as a focal point to understand requirement & oversee service delivery. Value proposition Is to provide upfront price and understand client requirement to establish long term relationship. Revenue Management for a restaurant:- Revenue Management for a restaurant should be based on demand-based pricing. For example, weekends are more busier, lunch time require quick service, seating plan can be determined depending on clientele and location, Following rate fences can be used 1 .

Special offers during weekdays will provide value to clients and add revenue for restaurant. 2. Lunch menu will have limited packages to save order time and serving time. This provides value to clients to Meltzer wait time and reduce time duration per client. 3. Weekend menu will have wider choices with mix of prices. 4. Seating plan will be based on mix of 2 seat and 4 seat tables based on location to optimize space. Revenue Management for a golf course:- Revenue Management for a golf course should be based on duration control and emend-based pricing.

Weekend demand Is higher thus rates can be higher. Weekdays can Include discounted snack bar pricing. Late evenings can be prompted as senior’s night or special days. Following rate fences can be applied 1. Weekend prices will be regular prices & cancellation will not be refunded. 2. Booking 1 week In advance will be discounted. Booking can be done Vela Internet. 3. Snack bar drinks are discounted and happy hour pricing will be offered during weekdays. 4. Weekday evening will be promoted as senior’s evening or family evening depending on clientele base.

Revenue Management. Doc By Jittering understand requirement & oversee service delivery. Value proposition is to provide serving time. This provides value to clients to minimize wait time and reduce time demand-based pricing. Weekend demand is higher thus rates can be higher. Weekdays can include discounted snack bar pricing. Late evenings can be prompted Booking 1 week in advance will be discounted. Booking can be done via internet. 3. Snack bar drinks are discounted and happy hour pricing will be offered during