Subject: Decision Making for Managers Instruction During your time as a manager in your hotel, you have had to make a number of vital decisions both considered and intuitive. Using these 5 elements...

Running head: Decision Making for Managers
Decision Making for Managers
Decision Making for Managers
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Introduction
The structure of the decision making in the hotels is fully examined. Three levels of authority and decision-making categories for measuring consultation and communication issues. The structural degree of the problem is measured by information theory. This essay discusses Revenue management; Room rates; Food &beverage; Advertising and Staffing influence each other as well as the hotel ability to easily make profits. The use of revenue management, room standard management, catering management, and proper staffing and advertising have been slow in the hotel industry, but it provides far-reaching opportunities for hotel operators in the 21st century to manage revenue (Kapaj & Mane, 2013). This chapter applies the management concept to the requirements of the active application of revenue management. Before making any decision, the manager must pay attention to all five elements to improve the hotel's profitability and achieve great success.
Decision Making for Managers
Regardless of the types of hotels or rooms available in a particular hotel, effective hotel revenue management strategies are necessary for success. The revenue management strategy depends on the hotel’s excellent restaurant management system, proper advertising, and staffing. At any time, hotel operators will seek ways to boost hotels revenue while providing competitive hotel rooms rates (O'Fallon & Rutherford, 2011).
Although the primary task of the revenue management plan is to make a competitive hotel room rents and amplify hotel revenues, there are benefits to implementing revenue management plans. For example, a successful revenue management strategy of hotel, food and beverage management starts with understanding the structure, scope and future of a hotel, and helps hotel managers better manage or handle their resources and ensure that they do not pay too many...