HRAWI Organizes Seminar On Revenue Management For Restaurateurs & Hoteliers HRAWI Organizes Seminar On Revenue Management For Restaurateurs & Hoteliers
Mumbai, May 19: The Hotel and Restaurant Association of Western India (HRAWI) held a seminar on Revenue Management for hotels and restaurants on 11th May, 2022. The seminar was organised to help hoteliers and restaurateurs overcome the
Mumbai, May 19: The Hotel and Restaurant Association of Western India (HRAWI) held a seminar on Revenue Management for hotels and restaurants on 11th May, 2022. The seminar was organised to help hoteliers and restaurateurs overcome the challenges of declining revenue and to maximize yields. Ms Hesheta Shah, Expert in Hospitality Management and Revenue; Mr Sainath Vernekar, Sales & Revenue Management Expert and Mr Rajesh Ghanshani, Specialist in cloud-based travel and hospitality technology solutions were the subject matter experts for the seminar. Revenue Management is the practice of maximizing an establishment’s revenue while selling the same amount of products or services. It employs a mix of pricing strategies and systems to maximize yield.
“The hospitality industry is regaining meaningful business today after almost two years of pandemic induced lockdowns and restrictions. Now is the time for hotels and restaurants to try and maximize the potential of their businesses. We organized the seminar specifically to help such hotels and restaurants that need to do exactly this. HRAWI thanks the speakers for sharing their knowledge with us and for addressing the queries of members who participated in the seminar,” says .Mr Sherry Bhatia, President, HRAWI
About Hotel & Restaurant Association Western India (HRAWI)
The Hotel and Restaurant Association (Western India) is a 72 years old Association of Hotels and Restaurants in Western India. Its members include various restaurants and smaller Hotels up to 5-Star Deluxe categories. The bulk of its members like any growth economy are made up of restaurants and budget hotels. With membership base spread across Western India, HRAWI covers Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh, Goa and the Union Territories of Dadra and Nagar Haveli and Daman and Diu, and is considered to be the voice of the Hotel Industry. The association is part of the national body of Federation of the Hotels & Restaurants Associations of India (FHRAI), located in New Delhi, which was originally founded in Mumbai in 1950 by the late Mr J.R.D. Tata.