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Revenue Management Glossary

Revenue Management


Revenue Management is often defined as selling the right product, at the right time, to the right person, at the right price. But that sounds a little easier said than done. So in general, you can think of revenue management as a set of goals and tactics that aim to result in an increase in revenue. Whether it be forecasting demand or dynamic pricing, there’s a huge amount a hotel can be doing to manage their revenue.

How to use it

Used to maximize revenue and occupancy of the hotel



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