Revenue Management Basics

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Recent Posts About Revenue Management Basics

The Ultimate Guide to Revenue Management in Hotels

NB: This is an article from : The magazine of Glion Institute of Higher Education High school leavers interested in pursuing hospitality…

10 Reasons Why Hotel Revenue Managers Are Sharpening their Math Skills

In today’s ever-evolving hospitality industry, the significance of revenue optimization as a fundamental aspect of hotel management cannot be understated.…

5 Things That Highly Successful Revenue Managers Do Every Morning

In a society largely defined by work and our ability to excel, many of us are fascinated with the traits…

Revenue Management Defined: Ultimate Guide for 2022

NB: This is an article written By:  Scott Beaver - Senior Product Marketing Manager for Oracle NetSuite Many businesses face…

Revenue Strategies for Boutique Hotels

The market is poised for boutique hotels to make an impact on the hotel industry like they never have before.…

Revenue Management 101 “5 easy steps to successful Revenue Management

Revenue Management 101 "5 easy steps to successful Revenue Management for midscale and limited service hotels" What is Revenue Management?…

Revenue Management in Independent and Small Hotels

As the hospitality industry is growing, not only in size, but also in terms of sophistication and expectations of return…

The Revenue Management Business Process, Designed to Produce Results

The unique aspect of the hospitality industry when compared to many others is that lodging establishments come in all sorts…

Are you also afraid of overselling? You’re not alone

Introduction As we know, overselling (or overbooking) is a technique used in Revenue Management to offset anticipated cancellations and no-shows…

Hotel Revenue Management : Let’s Start with the Basics

Since the revenue management inception started in the early 80’s, thousands of hotels and just about every airline have implemented…

Big data and big analytics are a big opportunity for hotels

By infusing analytics through every phase of the guest journey, hotel managers can help shore up the complicated balance between…

Business vs. Leisure Travelers: Understanding the Differences

NB: This is an article written By : Aileen Hoang A hotel’s business mix is commonly comprised of a different percentage…

Is Revenue Management Only Useful for Luxury Hotels?

In the past, revenue management was a practice that only high-end, luxury properties implemented for two major reasons: first, it…

“Big Data” Revenue Management

Back in October, Kelly rather succinctly stated that "Revenue management has always been a "big data" problem." This is very true.…

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