In my previous blog on inventory management, I pointed out that we would be talking about hotels space inventory management next time. In this blog, I will touch upon all the aspects of hotel space inventory management along with some suggestions to do it right.What is Hotel Room Inventory Management?Room inventory management is allocating your residential or commercial propertys room nights equally without compromising the resulting income. Why is Room Inventory Management Important?Room nights are disposable inventory, hence hoteliers have to channelise the sales through different sources like sites, OTAs, social media platforms and offline sales.To accomplish 100% occupancy or at least 60%, the space inventory requires to be distributed strategically.
In my previous blog site on inventory management, I discussed that we would be talking about hotels room stock management next time. In this blog, I will touch upon all the aspects of hotel room inventory management along with some ideas to do it right.What is Hotel Room Inventory Management?Room inventory management is allocating your homes room nights uniformly without compromising the resulting revenue. If done correctly, it can help you maximise your hotels sales and reduce unsold space nights.Its one of the essential tasks where the sales and front office personnel have to work conjointly, since both departments manage various sources of bookings.However, Ive seen lots of hotels assign inventory slightly, without appropriate analysis. Why is Room Inventory Management Important?Room nights are disposable inventory, for this reason hoteliers have to channelise the sales through various sources like sites, OTAs, social media platforms and offline sales.To attain 100% tenancy or at least 60%, the space stock requires to be distributed tactically. Relieve Out The Task With TechnologyRoom stock management is certainly a laborious job, as you require to update the offered stock on a routine basis for all scheduling channels.
