A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All
Moyeenudin, H.M.
- An Approach for Enhancing Hotel Room Revenue
Authors
1 Department of Hotel & Catering Management, School of Hotel & Catering Management, Vels Institute of Science, Technology and Advanced Studies, Pallavaram, Chennai, IN
Source
Indian Journal of Economics and Development, Vol 7, No 2 (2019), Pagination: 1-5Abstract
Objectives: To identify the strategies used in hotel to increase the hotel room revenue and employ technology based assistance in enhancing the room revenue.
Methods: The preliminary research is conducted through the data collected from research articles, books, websites, in order to find the best procedure for enhancing room revenue of a star categorized hotel. This study is made by referring to published research articles along with various websites.
Findings: The strategies have to be developed by revenue managers while making decisions on enhancing room’s revenue. It is compulsory for revenue mangers that they must be good in analytical skills about the competitors in competitive set. Application of tactical decisions comparing to other hotel in competitive set can enhance the hotel room revenue. Growth of technology in recent scenario contributes huge revenue through hotel room division sales.
Application: The software developed for a hotel management should be inclusive of revenue management interface that helps in increasing the revenue per available room through managing the capacity efficiently by giving discounts according to the requirements. Travel agents, tour operators and airlines play a major role in growth of a hotel through providing group check in regularly.
Keywords
Room Revenue, Room Division, Room Operations, Reservations, Yield Management.Full Text
References
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- The Challenges of Demand and Safety Towards Sustainable Growth on Exporting Food Products
Authors
1 Department of Hotel & Catering Management, School of Hotel & Catering Management, Vels Institute of Science, Technology and Advanced Studies, Pallavaram, Chennai, IN
2 Departmentof Computer Science and Engineering, School of Engineering Vels Institute of Science, Technology and Advanced Studies, Pallavaram, Chennai, IN
Source
Indian Journal of Economics and Development, Vol 7, No 2 (2019), Pagination: 1-6Abstract
Objectives: To identify growth of exports in cereals, seafood, fresh vegetable and fruits. Also to focus on preventive measures for rejections and denials on exporting food products and its raw material in International market.
Methods/Statistical analysis: The basic research procedure used to identify the growth of exports in India is through the data collected from APEDA of India. The Data has also been collected from research articles, websites, in order to comprehend the continuous issues related to exporting food products from India. The comparative study is carried out by collecting the data from 2012to 2018.
Findings: The development of exports in sea foods and cereals for the financial year 2018 shows that there are precautionary measures carried out in exports for food safety and hygiene which recorded a gradual growth. Since the fresh vegetables and fruits are highly perishable and require proper temperature during storage, there is decline in exports for about 50%. The major reasons are due to insufficient storage space for storing fruits and vegetables; > 20 % vegetables and fruits stock is spoiled during postharvest due to improper storage facilities.
Application: Despite of existing issues in exporting products for some specific countries there exists sustainable growth in food products exports, due to international supply chains management firms that have entered in to the export market. The wastage and loss could be reduced in future.
Keywords
Safe Food, Processed Food Products Exports, Fruits & Vegetable Exports, Barriers of Exports.Full Text
References
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