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Revenue Management in the Lodging Industry - Origins to the Last Frontier (Hardcover, 1st ed. 2022)
Loot Price: R2,811
Discovery Miles 28 110
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Revenue Management in the Lodging Industry - Origins to the Last Frontier (Hardcover, 1st ed. 2022)
Series: Management for Professionals
Expected to ship within 12 - 17 working days
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This book provides an end-to-end view of revenue management in the
hospitality industry. The book highlights the origins of hotel
reservations systems and revenue management, challenges unique to
hotels, revenue management models, new generation retailing, and
personalization and steps required to remain competitive in the
marketplace. This book is intended for practitioners to understand
the basics and have a comprehensive view of the impacts of revenue
management on product distribution, reservations, inventory
control, including the latest advances in the field of
attribute-based room pricing and inventory control.There are
several aspects of revenue management that are not covered in books
and journal articles such as hotel pricing, hotel fully allocated
costs, content parity, impact of Online Travel Agencies on hotels,
competitive revenue management and attribute-based room pricing and
inventory control which represents the last frontier in hotel
revenue management with intelligent retailing. Leveraging emerging
technologies, such as Artificial Intelligence and Blockchain and
the future state of revenue management, are also addressed.
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