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 ...
Kempinski Hotels VP distribution and revenue management Rex Demanser and IDeaS Europe, Africa and Middle East major account holder Guy Barnes discuss the science of revenue management, urging ...
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 ...
In our previous discussion, we highlighted the crucial role of infrastructure in revenue management, especially for quick-service restaurants. Here, we’ll delve deeper into the three main components ...
Guy Barnes: When I started out we practised inventory management. The priorities were simple — ensuring availability of rooms for sale, that rooms were priced correctly, and simple rate and sometimes ...
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