Mr Rahul Sharma, General Manager at Regenta Tarika Resort, Ramnagar, Nainital delivered a guest lecture on ‘Revenue Management in Hospitality.’ More than a hundred students and faculty members became a part of it. He is having vast experience of more than 13 years in the Hospitality Industry.
Mr Gaurav Mamgain, Head of School of Hospitality and Tourism, warmly welcomed the guest speaker and introduced him to the audience. Later on, Mr Rahul Sharma began his lecture with the help of a PowerPoint presentation. He informed the audience that when it comes to hotel revenue management, the best results will be achieved by being more broadly strategic, giving consideration to different elements of the business and using a wider range of key performance indicators, including metrics like RevPAG (revenue per available guest), RevPAR (revenue per available room) and GOPPAR (gross operating profit per available room). The guest lecture ended with a question and answer session.
Overall, the lecture proved to be a learning affair for the students and due to its enriched content, it will stay with the attendees for a long time.
