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TM144 TIM 3A-1  Revenue Management in the Travel Industry

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Named after giving the thought of wanting our customers an amazing and relaxing experience even if they are away from home. With our tagline safe and comfortable , we always will be neat and reliable to our customers and give the utmost priority. Therefore  we make sure we offer them the best and excellent choice rentals. With the business, we want to make sure that even if it’s for travel or leisure purposes, guests can rely on us and provide discounts that can reduce their costs. A wide calming view to get their day started and keep them resting throughout the day with great yet unforgettable services.

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Win rate Improves sales and win rate by adding services what customers want

Market expansion Services and accommodations are safe, comfortable and reliable to attract a lot of customers around the world

Expand market share Using social media platforms to make people aware of our excellent services

Maintain Profit It is really important to maintain sales even  receiving  greater profit Businesses should avoid having less or decreased indoor sales

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1. Penetration pricing - to quickly gain market share by setting low price to entice customers to purchase services  - it can keep a competition that can compete the price point at the market 2. Psychological pricing -sets prices slightly lower that whole number -boosts sales  - gives customers the impression that they’re paying for something costly and valuable.

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Sales Distribution channel - various wastes to sell market or product  Traditional marketing - social media has a huge advantage in connecting people and now used in business industry. Distribution system  - Consumers - Online travel agents etc Global distribution system  - Incoming travel agents - DMO’s - Web browsers

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PARTNERSHIP W/ ACCOMMODATION We collaborate with local partnership like restaurants, amusements park, or equipment rental companies, to help us to spread the word about our vacation rental business and create special offers and discounts for guests. Plus our guest will appreciate the fact that booking with us can help them save money throughout their stay though the local offers. SOCIAL MEDIA Social media is, without a doubt the most effective way to raise brand exposure. Its undoubtedly the cheapest and most successful way to book sales, engage customers and establish a presence among our target demographic. Wander  getaways  sales would most likely benefit from advertising. We can using advertise our unique trip packages on facebook Instagram and other social media sites. OPTIMIZING ONLINE WEBSITE The first stage in capturing the  audience's  attention is to create a visually appealing as feasible. The written content that will be displayed should be the highest quality and should be address our clients most basic concerns, we make every effort to ensure that the photographs on our websites are professional and do not violate any copyrights law. Our sites graphic elements are equally outstanding and should hint at the audiences exciting "Future travel experience.

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The wandergetaway distribution analysis is extremely complex. In particular, the emergence of technologies; the development of online social networks, online review sites as well as mobile location-based services has added additional channels of distribution.

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Particulars Equipment cost 500,000 Initial Product  Inventory   200,000 Accrued & Utilities Expenses 1,500,000 Prepaid Expenses 15,000 Legal & Accounting Fees 50,000 Miscellaneous Expenses 5,000 Salaries  and wages expense 1576,500 Insurance Expense 150,000 Other supplies and expenses 25,000 Food and Beverages 885,000 Others 2,500

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Group Members  ALDACA , Krizzia Mae BANCIFRA , Mary Joyce GALANGCO, Lorie MANGONON , Jefferlyn RAMOS, Ruffa SERA , Wynneth Mayka

Wander Getaway

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