Difference between revisions of "Leisure targetgroup"

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{{Running competition}}
{{Running competition}}
== Market ==__NOEDITSECTION__
== Market ==__NOEDITSECTION__
There is a kind of over-capacity in the market which makes it hard to reach occupancy rates above 60% during the weekends. But for any
There is a kind of over-capacity in the market which makes it hard to reach occupancy rates above 60% during the weekends. But for any individual hotel there is enough demand to get the hotel well-occupied during weekdays and the weekends.  
individual hotel there is enough demand to get the hotel well-occupied during weekdays and the weekends.  


== Sales prices ==__NOEDITSECTION__
== Sales prices ==__NOEDITSECTION__
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100 rooms. Also, check the page for information on the [[business targetgroup]] which will mainly be the guests for the weekdays. Weekdays account for 3 of the seven weekdays and this means (rounded up) 43% of the total of all available hotel nights.
100 rooms. Also, check the page for information on the [[business targetgroup]] which will mainly be the guests for the weekdays. Weekdays account for 3 of the seven weekdays and this means (rounded up) 43% of the total of all available hotel nights.


Prices in the weekend (especially interesting for leisure guests) in the past ranged from € 80 last-minute price to € 100 [http://traveltips.usatoday.com/rack-rate-hotels-107299.htmlr rack rate] per room per night. So this gives you an indication.  
Prices in the weekend (especially interesting for leisure guests) in the past ranged from € 80 last-minute price to € 100 [http://traveltips.usatoday.com/rack-rate-hotels-107299.htmlr rack rate] per room per night. So this gives you an indication. On the page [[occupancy rate]] the revenues have been calculated.You can also find the number sin the {{operating review]].  
The weekend bookings make rounded up 43% of the total of booked rooms when you take over the management, and as you take over these revenues make up € 704,340 mainly booked by leisure guests.<br>
 
You start off with a price-range of €80 to €100 for the weekends, so an average € 90 per room per night in the weekend. So € 704,340 divided by € 90 means 7,826 room-nights sold. As you take over in year 0 there is a total of ten hotels in your city, so all together the demand for weekend rooms was 10 x 7,826 = 78,260 room nights. After all of your decisions and the decisions of your competitors, this demand will never be the same in the years when you run the hotel. It depends on many of your decisions. But keep these numbers in mind as you make your decisions.
 
== Maximum weekend days == __NOEDITSECTION__
The maximum number of hotel nights to be sold on the weekends for your hotel would be: 3 out of seven days, so 43%:  <br>
52 weeks x 100 rooms x 43% x 7 days = 15,652 nights/days (note: number of nights per year in calculations is 52 weeks * 7 nights = 364). <br>
 
At the average room price (€ 90) that would generate the maximum revenue from selling rooms at this price of € 1,408,680. <br>
The revenue from renting the rooms in the weekend in year 0 is € 704,340 So € 704,340 ./. € 1,408,680 = 50% of the possible revenues at the prices you start off with, so a 50% occupancy rate. <br>
The € 1,408,680 gives an indication of the maximum growth (if there are enough rooms asked for). Of course, things change if you have a higher occupancy rate AND a higher sales price.<br>
So making additional costs (next to the fixed ones and the variable ones you can't avoid) this calculated maximum on the market gives you an indication of what you could make as extra costs which could still be earned back. Or, even better, lead to more profit.  


== Type of customers ==__NOEDITSECTION__
== Type of customers ==__NOEDITSECTION__
There is no specific information on the type of leisure customers: we do know they mainly book on the weekends.
There is no specific information on the type of leisure customers: we do know they mainly book on the weekends.
The hotel has always primarily aimed for the business guests and secondly for the leisure guest. The type of customers attracted so far is an average of the leisure guest. Not a lot of families with children (probably due to the location in the city) and, an average room occupancy of 1.7 per room, still a large group of people who travel alone.
The hotel has always primarily aimed for the business guests and secondly for the leisure guest. The type of customers attracted so far is an average of the leisure guest. Not a lot of families with children (probably due to the location in the city) and, an average room occupancy of 1.7 per room, still a large group of people who travel alone.
== Guest nights == __NOEDITSECTION__
The last numbers of the hotel show 50% occupancy rate in the weekends: so out of the possible 20,800 room nights  10,374 room night are sold. So an occupancy rate of the rooms of 50%. This will bring the number of guest nights at this moment at 10,374 x 1,7 = 17,635. So on an average in the last recorded year 17,635 guest nights have been
recorded.


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Revision as of 15:05, 30 December 2019

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Market

There is a kind of over-capacity in the market which makes it hard to reach occupancy rates above 60% during the weekends. But for any individual hotel there is enough demand to get the hotel well-occupied during weekdays and the weekends.

Sales prices

Revenues comprises the average (sales) prices times the number of bookings (occupancy rate). A maximum occupancy rate would mean that all 100 rooms are occupied during all of the weeks, so 52 weeks x 100 rooms. Also, check the page for information on the business targetgroup which will mainly be the guests for the weekdays. Weekdays account for 3 of the seven weekdays and this means (rounded up) 43% of the total of all available hotel nights.

Prices in the weekend (especially interesting for leisure guests) in the past ranged from € 80 last-minute price to € 100 rack rate per room per night. So this gives you an indication. On the page occupancy rate the revenues have been calculated.You can also find the number sin the {{operating review]].

Type of customers

There is no specific information on the type of leisure customers: we do know they mainly book on the weekends. The hotel has always primarily aimed for the business guests and secondly for the leisure guest. The type of customers attracted so far is an average of the leisure guest. Not a lot of families with children (probably due to the location in the city) and, an average room occupancy of 1.7 per room, still a large group of people who travel alone.

Guest nights

The last numbers of the hotel show 50% occupancy rate in the weekends: so out of the possible 20,800 room nights 10,374 room night are sold. So an occupancy rate of the rooms of 50%. This will bring the number of guest nights at this moment at 10,374 x 1,7 = 17,635. So on an average in the last recorded year 17,635 guest nights have been recorded.



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