The inventory is defined as the collection of the resources maintained by the organisation, which are utilised in the preparation and sale of the services and products. The inventory of the Shangri-La Hotel can be manipulated in the revenue management activities to ensure the increase in the total revenue of the hotel. The change in the processes of maintaining inventory according to the demand of the services and products in the market allows the management of the Shangri-La Hotel to have increased revenue. The management of the inventory of the Shangri-La Hotel in terms of the effective utilisation of the financial resources allows the organisation to have increase in the revenue. The management of the inventory according to the demand of the corresponding services and products in the market of operation allows the sales to increase, which in turn increases the revenue of the hotel (Zhang, 2011).
Demand of the corresponding services and products provided by the Shangri-La Hotel to the customers in the market of operation is another primary lever in the revenue management strategy implemented in the workplace the Shangri-La Hotel. The demand for the corresponding products and services provided by the Shangri-La Hotel can be utilised as a lever in the revenue management strategy in the workplace of the organisation. The manipulation of the demand of the services and products in the corresponding market of operation allows the increase in the sales of the corresponding services and products, which in turn leads to the increase in the revenue of the Shangri-La Hotel (Ratcliffe, 2012).