Inventory: Difference between revisions

From Emerald Forest Hotel
Jump to navigation Jump to search
No edit summary
No edit summary
 
(4 intermediate revisions by the same user not shown)
Line 1: Line 1:
{{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;


* control (via a bookings engine), which rooms are available, in which time frame. Often done in combination with a [[PMS]]
* Which rooms are available and when, via a bookings engine. Often done in combination with a [[PMS]]
* the type of rooms available at a specific price and in a specific market segment
* The type of rooms available at a specific price and in a specific market segment
* makes it possible to control which channels can book which price at for how many rooms. So your yield management.
* 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 [https://www.siteminder.com/r/hotel-inventory-management/  
A crash course on hotel inventory management and choices in distribution can be found in
this document].
[https://www.siteminder.com/r/hotel-inventory-management/ this document]. <BR>
More on the rooms themselves on the [[Rooms]] page.


== 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 or bar, we use the term 'inventory' as well, consisting of all the items or raw materials required to prepare dishes or drinks. More traditionally (like retail) we could call this 'the stock'. Software, once more, and a similar restaurant inventory management system, will track ingredients used and when to order order, as wella s calculate prices and total cost.
 


<br><hr>
<br><hr>
''→ GO! [[#top|Top of this page]]''
''→ GO! [[#top|Top of this page]]''
<center><small>''Emerald Forest Hotel'' offering an <font color="green">'''emerald''' </font color="green">hotel experience!
<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>

Latest revision as of 15:42, 10 September 2023

→ Go! Category:Info pages


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:

  • Which rooms are available and when, via a bookings engine. 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 Rooms page.

And the stock?

In a restaurant or bar, we use the term 'inventory' as well, consisting of all the items or raw materials required to prepare dishes or drinks. More traditionally (like retail) we could call this 'the stock'. Software, once more, and a similar restaurant inventory management system, will track ingredients used and when to order order, as wella s calculate prices and total cost.



→ GO! Top of this page

Emerald Forest Hotel offer an emerald hotel experience! | Run your own hotel in this management simulation.