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Categorii: Tot - costs - revenue - investment - profit

realizată de Katie Reuss 1 an în urmă

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Revenue Management

Understanding how to manage and optimize profits is crucial for any business. This involves analyzing revenue and expenses to determine the overall profit, which is essentially the reward for taking risks in business operations.

Revenue Management

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Value

Oragnizational profit(tangible benefit)=Selling price-Costs

Personal Profit=Perceived value(intangible benefit)-Selling Price

Quality, Service, Price

Intangibilitiy, Inconsistency, Inseparability, and Inventory

Strategic Pricing

Value=Perceived Benefit-Price

4 Ps= Product, promotion, place, and price

Supply, Demand, Equilibrium price, break-even point

Fixed, variable and mixed costs

ADR=Total room revenue/total rooms sold

Occupancy %= Total rooms sold/total rooms available for sale

RevPAR=ADRxOccupancy%

RevPOR=Total Revue/Total Occupied Rooms

Accountant's Profit Formula

Profit=Sales-Costs

Profit= The Reward for Risk

ROI= Return on Investment

ROI= Investment Return/Original Investment

Revenue-Expense=Profit