Introduction to Room Inventory Management and Availability Controls
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Author: DCT
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Level: Introduction
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Study time: 4 hours
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This course is the perfect introduction to basic inventory management principles and includes the various controls that can be implemented to manage guest room availability.
Complete the course quizzes for a DCT-Online Certificate of Completion.
Complete the course quizzes for a DCT-Online Certificate of Completion.
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Video time: 11 lessons
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Exams: Four Quizzes
What you will learn
How to estimate the available room inventory of a hotel
How to determine your ideal room inventory mix
How to establish or recommend room rates that maximize profitability
Why hotels use overbooking practices and the advantages and disadvantages of the same
How and when to apply overbooking practices to maximize occupancy
How to apply length-of-stay availability controls to your hotel