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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 inventory makes it possible to control;
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]]
* 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
* Which channels can book which price and 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
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>
More on the rooms themselves on the page [[Rooms]].
More on the rooms themselves on the [[Rooms]] page.


== And the stock? ==
== 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.
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.


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Latest revision as of 15:42, 10 September 2023

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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.



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