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Managing and Pricing Hotel Rooms Online

Managing and Pricing Hotel Rooms Online

Becoming a master of the universe requires always going up to the 50,000-foot view so you can see what’s going on above all the noise. Few things are as noisy as running a hotel and revenue management, but by sticking ...

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Airbnb Pinches Pricing Power During Events

Hoteliers are seeing disappointing results as they compete with home-rental companies like Airbnb during the busiest times of the year. The Wall Street Journal reports that Airbnb listings during Pope Francis’s visit last week reached nearly 20,000 in New York ...

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Rethinking Strategic Revenue Management

Rethinking Strategic Revenue Management

The main function of revenue management is to maximize income through operational decision making, primarily around price and inventory control. It has played a critical role in travel, hospitality, and transportation industry marketing departments since the mid-1990s. In many cases, ...

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