Hotel Demand Management - What and Why?
The Hotel Demand Management is an important tool for online travel agencies and Top Hotel Management Companies in India . This approach works to maximize the Hotels potential demand. The focus of the Hotel Demand Management is to drive the demand for the hotel's website and increase rooms nights sold by promoting the hotel's inventory through different channels. Just as the name suggests, hotel demand management deals with the optimization of hotel rooms. Hospitality Management Companies in India is often left with hundreds of unsold rooms, which can be a huge problem for some since it decreases the profits for hotels and increases their expenses. Hotel demand management is all about finding ways to maintain room rates, occupancy rates and revenue at an optimal level. It aims to maintain a good balance between supply and demand throughout different time periods through the use of appropriate strategies. A good hotel demand management system reduces the amount of unsold rooms,