How revenue management is becoming revenue strategy
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Hotel revenue experts explain how the hotel industry is evolving the discipline of revenue management into one more focused on long-term, companywide strategy.
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Tung Poon, Yiu; Tse, Tony S.M. (International Journal of Contemporary Hospitality Management, 2012)The objectives of this study are to investigate the relationship between hotel room demand and room rates, and to ﬁnd a viable solution for the optimal room rate that maximizes the total proﬁt.
Revenue Risk Management for P3 Highway Projects: Implementation of Revenue Guarantees in the U.S. Market Shan, Liang (Virginia Tech, 2010-06-02)The Public-Private Partnership (P3 or PPP) model has been proposed as an alternative delivery system to address funding shortage problems associated with large-scale projects. Appropriately allocating and managing risks ...
Breffni, M. Noone; Tess, Hultberg (Virginia Tech, 2011-10)Revenue management and sales staffs collaborate substantially in making decisions regarding rate setting, accepting group business, and forecasting. However, according to a survey of 82 sales and revenue management executives ...