Difference between revisions of "Inventory"
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Emerald Forest Hotel offer an emerald hotel experience!
| Run your own hotel in this management simulation.
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{{General header}} | {{General header}} | ||
== Inventory of a hotel == | == Inventory of a hotel == | ||
The number of rooms available for your hotel to sell (or distribute) across all channels is called the inventory. | The number of rooms available for your hotel to sell (or distribute) across all channels is called the inventory. The inventory makes it possible to control; | ||
The inventory makes it possible to; | |||
* | * Via a bookings engine, which rooms are available, in which time frame. Often done in combination with a [[PMS]] | ||
* | * The type of rooms available at a specific price and in a specific market segment | ||
* | * Which channels can book which price and for how many rooms. So your yield management. | ||
A crash course on hotel inventory management and choices in distribution can be found in | A crash course on hotel inventory management and choices in distribution can be found in | ||
[https://www.siteminder.com/r/hotel-inventory-management/ this document]. <BR> | [https://www.siteminder.com/r/hotel-inventory-management/ this document]. <BR> | ||
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== And the stock? == | == And the stock? == | ||
In a restaurant we use the term 'inventory' as well, consisting of all the items or raw materials required to prepare dishes. More traditionally (retail like) we could call this 'the stock'. Software, once more, and a like restaurant inventory management system, will help tracking ingredients used, ordering, calculating cost prices e.g. | In a restaurant and bar, we use the term 'inventory' as well, consisting of all the items or raw materials required to prepare dishes or drinks. More traditionally (retail like) we could call this 'the stock'. Software, once more, and a like restaurant inventory management system, will help tracking ingredients used, ordering, calculating cost prices e.g. | ||
<br><hr> | <br><hr> | ||
''→ GO! [[#top|Top of this page]]'' | ''→ GO! [[#top|Top of this page]]'' | ||
<center><small>''Emerald Forest Hotel'' | <center><small>''Emerald Forest Hotel'' offer an <font color="green">'''emerald''' </font color="green">hotel experience! | ||
| Run your own hotel in this management simulation.</small></center> | | Run your own hotel in this management simulation.</small></center> | ||
Revision as of 10:50, 29 August 2023
→ Go! Category:Hotel info
Inventory of a hotel
The number of rooms available for your hotel to sell (or distribute) across all channels is called the inventory. The inventory makes it possible to control;
- Via a bookings engine, which rooms are available, in which time frame. Often done in combination with a PMS
- The type of rooms available at a specific price and in a specific market segment
- Which channels can book which price and for how many rooms. So your yield management.
A crash course on hotel inventory management and choices in distribution can be found in
this document.
More on the rooms themselves on the page Rooms.
And the stock?
In a restaurant and bar, we use the term 'inventory' as well, consisting of all the items or raw materials required to prepare dishes or drinks. More traditionally (retail like) we could call this 'the stock'. Software, once more, and a like restaurant inventory management system, will help tracking ingredients used, ordering, calculating cost prices e.g.
→ GO! Top of this page
