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Michael Blin

Thursday, April 28, 2005. 1 What is the purpose of DFS, what attributes does it measure? The DFS (Demand Forecasting System) was implemented firstly in the Marriott of Munich so as to test the efficiency and results of the new system. It measures guests demand and to be more precise, their arrival, departure and price patterns. By then analyzing this information, the DFS system would then give to the revenue manager rate recommendations and restrictions on the length of stay of certain reservations.

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Thursday, April 28, 2005. 1 What is the purpose of DFS, what attributes does it measure? The DFS (Demand Forecasting System) was implemented firstly in the Marriott of Munich so as to test the efficiency and results of the new system. It measures guests demand and to be more precise, their arrival, departure and price patterns. By then analyzing this information, the DFS system would then give to the revenue manager rate recommendations and restrictions on the length of stay of certain reservations.

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Michael Blin | michaelblin.blogspot.com Reviews

https://michaelblin.blogspot.com

Thursday, April 28, 2005. 1 What is the purpose of DFS, what attributes does it measure? The DFS (Demand Forecasting System) was implemented firstly in the Marriott of Munich so as to test the efficiency and results of the new system. It measures guests demand and to be more precise, their arrival, departure and price patterns. By then analyzing this information, the DFS system would then give to the revenue manager rate recommendations and restrictions on the length of stay of certain reservations.

INTERNAL PAGES

michaelblin.blogspot.com

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Michael Blin: Revenue Management Exam

http://www.michaelblin.blogspot.com/2005/04/revenue-management-exam.html

Thursday, April 28, 2005. 1 What is the purpose of DFS, what attributes does it measure? The DFS (Demand Forecasting System) was implemented firstly in the Marriott of Munich so as to test the efficiency and results of the new system. It measures guests demand and to be more precise, their arrival, departure and price patterns. By then analyzing this information, the DFS system would then give to the revenue manager rate recommendations and restrictions on the length of stay of certain reservations.

2

Michael Blin: March 2005

http://www.michaelblin.blogspot.com/2005_03_01_archive.html

Thursday, March 31, 2005. Dynamic Recommendations - Class April 4 :. What is meant by dynamic recommendations? How should these recommendations be used to improve revenue? Dynamic recommendations are given by the Optims system each day whether it be for an independent hotel (Optims Hotel) or a group of hotels (City Optims). Posted by Michael Blin at 2:27 AM. Monday, March 21, 2005. Sales and Front Office tactics to minimize displacement maximize revenues. Sample: 300 room hotel. Group Rate guidelines = $...

3

Michael Blin: Recommendations : Criteria of Acceptance

http://www.michaelblin.blogspot.com/2005/04/recommendations-criteria-of-acceptance.html

Monday, April 04, 2005. Recommendations : Criteria of Acceptance. What is meant by ‘Criteria of Acceptance for a group’. Give and example. How is the recommendation related to the screen presented? Virginie Martin-Saint Laurent and Michael Blin. Criteria of Acceptance for a group:. Whether the group accepts or not our general cancellations policies with deposit percentages and dates. If they reserve conference and banqueting space as well, this can be very profitable for the hotel. We need to know to be ...

4

Michael Blin: Revenue Management for Distribution Channels

http://www.michaelblin.blogspot.com/2005/04/revenue-management-for-distribution.html

Monday, April 11, 2005. Revenue Management for Distribution Channels. Does a hotel need an RM based strategy for each of the channels of distribution? The hotel must integrate revenue management in its distribution channel strategies whether the channel is either online or offline or direct or indirect since each channel will present a diverse range of rates to customers depending on the season, period of the year, local events, availability, etc. Posted by Michael Blin at 7:16 AM. Question - Myth # 7:.

5

Michael Blin: Question - Myth # 4 :

http://www.michaelblin.blogspot.com/2005/04/question-myth-4.html

Thursday, April 07, 2005. Question - Myth # 4 :. Is YM a discount program.does opening discounts create additional demand? What do you think? Discounting prices at a certain period of the year or for certain specific dates is not a yield management decision but a business decision made by the Revenue Manager with the Director of Sales and Marketing. But of course there are risks to taking this action. Posted by Michael Blin at 12:41 PM. THX, good alternative offered. View my complete profile.

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hotelrm.blogspot.com

Revenue Management Hospitality: View for Class 21/03

http://hotelrm.blogspot.com/2005/03/view-for-class-2103.html

Sunday, March 13, 2005. View for Class 21/03. Eye For Travel Hospitality site sponsors a Revenue Management conference each year. The great news is that they post the speakers' presentations on the site. The less great news is that you have to click through, then register, to download the PPT. For the next class, please take the following steps to get to the presentation by Kay Ryan, RM Manager for Thistle Hotels. Go to the Eye for Travel RM section here. Click on "Content from Past Events".

hotelrm.blogspot.com

Revenue Management Hospitality: For class 04/04

http://hotelrm.blogspot.com/2005/03/for-class-0404.html

Tuesday, March 29, 2005. Yield Management sections (all links) RMS. Revenue Management Systems), features, benefits and reports. Click under "Products'. The outcome should be that you have an understanding of the type of data used at the hotel level to make pricing decisions. If there are any unfamiliar terms, e.g. unconstrained.be sure to look them up. Question for your blog posting.due 01/04:. What is meant by dynamic recommendations? How should these recommendations be used to improve revenue?

hotelrm.blogspot.com

Revenue Management Hospitality: Final Exam - clarification of case question

http://hotelrm.blogspot.com/2005/04/final-exam-clarification-of-case.html

Wednesday, April 27, 2005. Final Exam - clarification of case question. Just to clarify the Marriott case study question.the question is about displacement. If your client wants to stay 3, 4, 5, 6, nights, you will quote him a rate less than the 150 (you decide what rate). How much revenue is being displaced (on sold out nights). How much revenue must you collect on the non-sold out nights to compensate for the displacement. Posted by eac @ 6:20 AM. Not that such easy! Is this you want to mean? Companies...

hotelrm.blogspot.com

Revenue Management Hospitality: Restaurant Revenue Management

http://hotelrm.blogspot.com/2005/04/restaurant-revenue-management.html

Friday, April 15, 2005. Wellfor all of you who have asked about RM for restaurants, I have finally found a study online. By Sheryl Kimes, Ph.D. It is a PDF download. From Cornell.where else? Classes on Monday are at the regular times but in the Computer Room. On the lower level. Bon Weekend.I'll be looking at all the blogs on Saturday. Posted by eac @ 5:11 AM. Comments: Post a Comment. Links to Class Members' Blogs. Virginie St. Laurent.

hotelrm.blogspot.com

Revenue Management Hospitality: Last class...25/04

http://hotelrm.blogspot.com/2005/04/last-class2504.html

Thursday, April 21, 2005. We will have our class in the computer room.really.to view 3rd party websites and other channels of distribution. There is no blog post due for next week. I'll give you a case study for the final exam. It is a take home exam, you can post you answers in your blog by 9AM 29/04. Here are the rules:. Postings after the due date = 0 for the grade. Postings having the same solutions and similar language, both postings = 0. Any problems, let me know before the due date.

hotelrm.blogspot.com

Revenue Management Hospitality: March 2005

http://hotelrm.blogspot.com/2005_03_01_archive.html

Tuesday, March 29, 2005. Yield Management sections (all links) RMS. Revenue Management Systems), features, benefits and reports. Click under "Products'. The outcome should be that you have an understanding of the type of data used at the hotel level to make pricing decisions. If there are any unfamiliar terms, e.g. unconstrained.be sure to look them up. Question for your blog posting.due 01/04:. What is meant by dynamic recommendations? How should these recommendations be used to improve revenue? Who sho...

hotelrm.blogspot.com

Revenue Management Hospitality: April 2005

http://hotelrm.blogspot.com/2005_04_01_archive.html

Wednesday, April 27, 2005. Final Exam - clarification of case question. Just to clarify the Marriott case study question.the question is about displacement. If your client wants to stay 3, 4, 5, 6, nights, you will quote him a rate less than the 150 (you decide what rate). How much revenue is being displaced (on sold out nights). How much revenue must you collect on the non-sold out nights to compensate for the displacement. Posted by eac @ 6:20 AM. Thursday, April 21, 2005. Here are the rules:. The foll...

hotelrm.blogspot.com

Revenue Management Hospitality: Class 11/04

http://hotelrm.blogspot.com/2005/04/class-1104.html

Sunday, April 03, 2005. We will discuss some of the misconceptions surrounding Yield Management during the next class. For that session, please read. Debunking the Myths of Yield Management. A look at ten popular misunderstandings about yield management's role in and effect. On the lodging industry. It is a PDF, so may take a moment to two to download. For your blog posting, due 09/04 - please comment on Myth #4. Is YM a discount program.does opening discounts create additional demand? What do you think?

hotelrm.blogspot.com

Revenue Management Hospitality: Virginie + Catherine

http://hotelrm.blogspot.com/2005/04/virginie-catherine.html

Sunday, April 10, 2005. Since I can't post the link, I'm putting it here:. Posted by eac @ 9:20 PM. Comments: Post a Comment. Links to Class Members' Blogs. Virginie St. Laurent.

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michaelblin.blogspot.com

Michael Blin

Thursday, April 28, 2005. 1 What is the purpose of DFS, what attributes does it measure? The DFS (Demand Forecasting System) was implemented firstly in the Marriott of Munich so as to test the efficiency and results of the new system. It measures guests demand and to be more precise, their arrival, departure and price patterns. By then analyzing this information, the DFS system would then give to the revenue manager rate recommendations and restrictions on the length of stay of certain reservations.

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