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  • Incremental Revenue

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    Priyansh Chaudhary
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    The document discusses revenue management in the front office of a hotel. It defines incremental revenue as revenue that increases the value or worth of existing revenue, often by a regular amount, such as upgrading a guest from a standard room to a suite. Supplemental revenue is provided in addition to existing revenue to increase it, for example by selling additional hotel services like food and beverage or spa treatments to guests who have already booked a room. The goals of revenue management include boosting revenue growth by using appropriate pricing tactics to sell a property's inventory to guests at optimal times and through effective channels.

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    The document discusses revenue management in the front office of a hotel. It defines incremental revenue as revenue that increases the value or worth of existing revenue, often by a regular amount, such as upgrading a guest from a standard room to a suite. Supplemental revenue is provided in addition to existing revenue to increase it, for example by selling additional hotel services like food and beverage or spa treatments to guests who have already booked a room. The goals of revenue management include boosting revenue growth by using appropriate pricing tactics to sell a property's inventory to guests at optimal times and through effective channels.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    15 views1 page

    Incremental Revenue

    Uploaded by

    Priyansh Chaudhary
    The document discusses revenue management in the front office of a hotel. It defines incremental revenue as revenue that increases the value or worth of existing revenue, often by a regular amount, such as upgrading a guest from a standard room to a suite. Supplemental revenue is provided in addition to existing revenue to increase it, for example by selling additional hotel services like food and beverage or spa treatments to guests who have already booked a room. The goals of revenue management include boosting revenue growth by using appropriate pricing tactics to sell a property's inventory to guests at optimal times and through effective channels.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    By: Priyansh Chaudhary & Kunal Sachdeva [Section D, 1st year, 2nd semester, batch2020-2023, Front Office(FO) viva

    & presentation assessment]

    FRONT OFFICE Revenue


    Revenue management refers to the

    GOALS
    pricing tactics you use to sell your
    property's inventory to the right
    guests at the right time and through
    the right channel, to boost revenue
    growth.

    Incremental Supplemental
    Revenue is provided in addition to
    Incremental revenue is described as the
    the revenue already present to
    revenue that increases in value or worth,
    increase it.
    often by a regular amount.
    C
    R
    O
    S
    S
    U P S E L L

    E
    Incremental is when we have a

    l
    room and we sell a better room

    l
    to a guest. For example, Room to Supplemental is when Guest has booked
    Suite.
    a room and I sell other services like F&B,
    spa, etc

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