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Sales and operations planning ( S&OP) is an integrated business management process through which the executive/leadership team continually achieves focus, alignment, and synchronization among all organization functions. The S&OP process includes an updated forecast that leads to a sales plan, production plan, inventory plan, customer lead time ...
Revenue management is a discipline to maximize profit by optimizing rate (ADR) and occupancy (Occ). In its day to day application the maximization of RevPAR (Revenue per Available Room) is paramount. For destinations with benchmark data available the maximization of RGI (Revenue Generated Index or RevPar Index) is the focus of this discipline.
A sales plan is a strategic document that outlines the business targets, resources and sales activities. It typically follows the lead of the marketing plan, strategic planning [2] [3] and the business plan with more specific detail on how the objectives can be achieved through the actual sale of products and services. Sales is a recurring and ...
Hotel Engine is the latest such startup, having just raised $65 million in a Series B round at a $1.3 billion valuation. Returning backer Telescope Partners led the financing, which also included ...
More acquisition news in the online travel space. This time it's the turn of Groupon, which this morning announced that it's acquired Madrid, Spain-based Blink, a last minute hotel booking app ...
A marketing plan is a plan created to accomplish specific marketing objectives, outlining a company's advertising and marketing efforts for a given period, describing the current marketing position of a business, and discussing the target market and marketing mix to be used to achieve marketing goals. It is often created together by marketing ...
HotelOnline said it is planning an aggressive expansion across Africa, where it currently has more than 6,000 clients spread across 27 countries, by tapping HotelPlus’s reseller network, and the ...
Westin Bonaventure Hotel. / 34.052778; -118.255833. The Westin Bonaventure Hotel and Suites is a 367-foot (112 m), 33- story hotel in Los Angeles, California, constructed between 1974 and 1977. [6] It was designed by architect John C. Portman Jr.. The top floor has a revolving restaurant and bar.