Improving Hotel Profitability through Revenue Management
First written in FY2019-Q3. 3 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2024-Q1.
2 other companies' latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「In the golf operations business, the addition of 4 new golf courses—Kansai Country Club, Miki-Yokawa Country Club, Mochizuki Resol Golf Club, and Arita Resol Golf Club—resulted in both visitor numbers and average spending per customer exceeding the previous year overall.」
Although the term revenue management is not explicitly mentioned this time, the Company describes improved profitability in golf operations, including higher average spend per customer. - FY2023-Q3AdvancedAnnual report
「In the golf operations business, sales improved following the introduction of a system that varies the price per round according to demand, while visitor numbers at courses with accommodation facilities also remained strong due to Nationwide Travel Assistance and increased tourism demand.」
The Company explicitly disclosed the introduction of a system that varies the price per round according to demand and describes the resulting increase in revenue. - FY2023-Q2AdvancedAnnual report
「Revenue in the golf operations business increased through revenue management, which varies the price per round according to demand.」
The Company describes the results of implementing demand-based pricing per round under revenue management, which led to higher revenue. - FY2022AdvancedAnnual report
「Revenue management, which varies the price per round according to demand, helped increase the average spend per customer, leading to higher revenue.」
Regarding revenue management, which had not been mentioned for a period, the Company implemented demand-based pricing per round, leading to higher average spend per customer and revenue. - FY2019DroppedAnnual reportThe explanation of the hotel operations business for the current consolidated fiscal year does not explicitly mention the use of revenue management.
- FY2019-Q3First statedAnnual report
「In addition, the Company aims to improve profitability through the use of revenue management」
The Company has disclosed for the first time measures to improve profitability in hotel operations through the use of revenue management.