THIS BOOK GUIDES THE READER FROM THE BUILDING BLOCKS OF REVENUE
MANAGEMENT, TO PRICING SCIENCE AND MERCHANDISING, AND TO BROADER
ISSUES OF SETTING OBJECTIVES IN SUPPORT OF A REVENUE STRATEGY.
The discipline is evolving, and that evolution has been accelerated by
the COVID-19 pandemic. Leaders in hotel revenue management, and more
broadly in sales & marketing, need to understand these changes, and
lead and adapt accordingly. This will require a strong foundation in
analytics–not just modeling, but also business analytics in support
of a holistic strategy.
As more of the tactics of revenue management are executed through
automation, and powered by machine learning, revenue managers will
become more focused on strategy and will need to think about revenue
management in the context of marketing, loyalty, and distribution. As
the strategy component of the discipline increases, so too must the
breadth of knowledge of revenue managers.
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The Post-Pandemic Evolution to Revenue Strategy
Produktdetaljer
ISBN
9781637421925
Publisert
2022
Utgiver
Business Expert Press LLC
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter