An investigation of the pricing system at the Victoria Falls Hotel

Pricing of hotel rooms is a key player in the tourism industry as it has a bearing on the nature of the hotel’s client mix and occupancy levels. The researcher noticed an unbalanced client mix and heavy debtors age analysis which led to a research being carried out on the pricing system at the Victo...

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Main Author: Chikwani, Lorraine
Language:English
Published: Midlands State University 2014
Subjects:
Online Access:http://hdl.handle.net/11408/492
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author Chikwani, Lorraine
author_facet Chikwani, Lorraine
author_sort Chikwani, Lorraine
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description Pricing of hotel rooms is a key player in the tourism industry as it has a bearing on the nature of the hotel’s client mix and occupancy levels. The researcher noticed an unbalanced client mix and heavy debtors age analysis which led to a research being carried out on the pricing system at the Victoria Falls Hotel. Literature from other scholars was reviewed mainly pertaining to the different approaches to pricing, pricing strategies for a hotel, controls over pricing policy implementation and guidelines over pricing policy implementation. Literature on different scholars’ opinion on the best pricing strategy for a hotel was also reviewed. The researcher adopted stratified random sampling under a descriptive research design in conducting her field research. Questionnaires were administered and selected people were interviewed in order to obtain data on pricing of the hotel’s rooms. The collected data was presented in the form of graphs and tables which is presented in detail in chapter 4. In depth analysis of the data collected was carried out and the researcher came up with the major research findings and recommendations for improvements on the major research findings
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spelling ir-11408-4922022-06-27T13:49:04Z An investigation of the pricing system at the Victoria Falls Hotel Chikwani, Lorraine Pricing systems Pricing of hotel rooms is a key player in the tourism industry as it has a bearing on the nature of the hotel’s client mix and occupancy levels. The researcher noticed an unbalanced client mix and heavy debtors age analysis which led to a research being carried out on the pricing system at the Victoria Falls Hotel. Literature from other scholars was reviewed mainly pertaining to the different approaches to pricing, pricing strategies for a hotel, controls over pricing policy implementation and guidelines over pricing policy implementation. Literature on different scholars’ opinion on the best pricing strategy for a hotel was also reviewed. The researcher adopted stratified random sampling under a descriptive research design in conducting her field research. Questionnaires were administered and selected people were interviewed in order to obtain data on pricing of the hotel’s rooms. The collected data was presented in the form of graphs and tables which is presented in detail in chapter 4. In depth analysis of the data collected was carried out and the researcher came up with the major research findings and recommendations for improvements on the major research findings 2014-10-31T10:10:56Z 2014-10-31T10:10:56Z 2014 http://hdl.handle.net/11408/492 en open Midlands State University
spellingShingle Pricing systems
Chikwani, Lorraine
An investigation of the pricing system at the Victoria Falls Hotel
title An investigation of the pricing system at the Victoria Falls Hotel
title_full An investigation of the pricing system at the Victoria Falls Hotel
title_fullStr An investigation of the pricing system at the Victoria Falls Hotel
title_full_unstemmed An investigation of the pricing system at the Victoria Falls Hotel
title_short An investigation of the pricing system at the Victoria Falls Hotel
title_sort investigation of the pricing system at the victoria falls hotel
topic Pricing systems
url http://hdl.handle.net/11408/492
work_keys_str_mv AT chikwanilorraine aninvestigationofthepricingsystematthevictoriafallshotel
AT chikwanilorraine investigationofthepricingsystematthevictoriafallshotel