The Study of Effect of Duration Control in Rooms Division on Break Even Room Revenue in Star Rated Hotels
Published: 2021
Author(s) Name: Pratik Satpute, Deepa Prasad Venkatraman |
Author(s) Affiliation: Suryadatta College of Hospitality Management and Travel Tourism, Pune, Maharashtra, India.
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Abstract
The paper is a part of a detailed research which is been
undertaken to study the effect of duration control on
the break-even room revenue. The detailed research
of which the paper is a part deals with various revenue
management techniques used in star category hotels
and check its impact on the hotel room revenue. After
a detailed analysis and thorough classification there
have a list of revenue management strategies which
have been listed out. Duration Control is one of most
important revenue management technique amongst
the all listed revenue management techniques. Here
the relation of duration control is studied with the breakeven
room revenue and a detailed analysis is put
forth whether there is a relation between the both the
variables. The paper is based on a pilot survey which
is part of the study of revenue management techniques
used in rooms division in star rated hotels. The
research is done considering twenty star rated hotels
in Pune district. The data collected is summarized to
find out the reliability of data. Then hypothesis is tested
using the two tailed test and Karl Pearson Coefficient
to come to certain inference. Finally, some light has put
forth on the future research prospects.
Keywords: Revenue Management, Room Revenue, Duration Control, Rooms Division, Star Rated Hotels, Break Even Room Revenue
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