Rooms Division Operations Management Essay Example | Topics and Well Written Essays - 750 words

Rooms Division Operations Management - Essay Exampleoup of customers of a Company, who are willing to pay distinct coiffe of prices for that specific perishable and same resource owned by a Company, and thus, it can increase or maximize its overall revenue base (Airlines, 2014).Moreover, a revenue management is quite different from yield management in a path that it specifically targets revenue expansion and its expansion with the effective management of Companys inventory capacity, prices of its products and customer demands. However, a company with the help of revenue management, especially way of life divisions and operations management enterprises, on a consistent basis can lead to achieve their revenue targets in shortest thinkable time span. As, the basic agent of revenue management is the understanding the wide variety of customer behavior related to the Companies product and then accordingly, applies the researched data of customers in such a way that the management coul d form a group of customers for their same range of products, in order to charge different rates and tariff for such products from them as per their set criteria and thus, in this manner not only the overall market of the business would be extended, but it will also able to enhance its revenue social system as well (Netessine and Shumsky, 2002).In addition, the perfect application of yield management and room management in room service industry could be apply with the help of introduction of some group promotional schemes on reservations of multiple rooms, offering discounts on repeat business from regular customer, and etc. All in all, with the help of yield management, the overall occupancy of rooms in a rooms service industry can be effectively managed, tick and thus maximizes its overall revenue earning aspects.The rooms service and operations management enterprises could enhance their revenue earnings to the maximum level, with the help of following possible sales techniques to attract the wide range of customerWelcoming the