Yield or revenue managers work to ensure that rooms, seats or units are rented at the best price in industries where profit is derived from capacity. For example, hotel, car rental, airline and other ...
About 10 years ago, I was asked to write a paper on the future of restaurant revenue management, and in a moment of weakness, I said yes. I started talking to some of my favorite revenue management ...
The hospitality industry is larger and more competitive than ever and will continue to grow. According to Statista, the global hospitality market reached nearly $4.7 trillion in 2023. That amount is ...
Successful businesses include revenue management in operations management to ensure maximum profits. This helps not only maximize existing revenue streams, but can also help identify new sources of ...
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