Video Blog Workshops

Introduction to Hotel Revenue Management1 min read

August 31, 2009 < 1 min read

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Introduction to Hotel Revenue Management1 min read

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[youtube]http://www.youtube.com/watch?v=DH5O4BxLvyY[/youtube]

Welcome to GuestCentric’s workshop series about Hotel Revenue Management Optimization.

The implementation of a revenue management strategy to maximize revenue and profits is crucial for any hotel. Although revenue management is consider by many a complex business strategy, the basis of it and objectives are very simple: being able to adapt the price of a service or product based on demand, competition, time, market and other factors in order to maximize profits and revenue.

I hope you find this information useful. Stay tuned for more:

  • Introduction to Revenue Management Part II September 15, 2009
  • What revenue management strategy do you follow September 29, 2009
  • Choose the pricing strategy that fits you the best October 20, 2009
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