
Hotels Industry Overview - Main Products (Guest Rooms!)
In this video, you will explore how the Hotels industry works with an emphasis on the main products, the guest room. If you like this content don't forget to subscribe to our channel / @primerli
Key Sections:
0:01 - Guest rooms
0:20 - Replenishing & expiring inventory
1:01 - Room Types
1:50 - Room Rates - matching supply and demand
2:14 - Best available rate
2:27 - Event rates
2:35 - Perm rates
2:45 - Wholesale rates
3:00 - Locally negotiated rates (LNRs)
3:08 - Corporate negotiated rates (CNRs)
3:21 - Revenue management teams
The video is an excerpt from the Hotels Industry Learning Primer produced by the world class, digital e-learning content provider Primerli (https://www.primerli.com). The full module contains 10 bitesized pieces of video content, with additional quick quizzes designed to help professionals learn about the industry in under an hour.
Other free videos in the series are:
✅ Hotels Industry Overview, how the industry has evolved • Hotels Industry Overview - Evolution of th...
The learning concepts are created by a team of former top tier strategy consultants, in collaboration with industry veterans with decades of experience. Together, they collaborate with a production team to create highly engaging, entertainment-quality content.
The complete e-learning modules are being used by many of the top global consulting and professional services firms - subscriptions to the full content library are available ✅https://www.primerli.com/schedule-a-demo
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