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What Revenue Management strategy do you follow?

September 30, 2009 < 1 min read


What Revenue Management strategy do you follow?

Reading Time: < 1 minute


What Revenue Management strategy do you follow?

Different types of Hotels may consider to use different types of revenue management. Question is: what’s best for your hotel?

Welcome back to GuestCentric’s workshop series 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.

This video helps hoteliers understand the different pricing/revenue management strategies and decide which one fits their property and sales strategy best.

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