Revenue management: a cost saver, not a cost center

TR Number
Date
2017-11-02
Journal Title
Journal ISSN
Volume Title
Publisher
eHotelier
Abstract

Any hotelier operating today without the support of an automated revenue management system is working at a competitive disadvantage. Advanced revenue management solutions allow hotels to better predict demand, price their product offerings competitively and achieve the optimal business mix for their property as a result. Simply put, revenue management systems allow a hotel to attract the ideal guest, at the ideal price and via the ideal channel.

Description
Keywords
Managing revenue, Managing staffing levels, Managing time, Managing waste
Citation