This is the first text that has been developed specifically to examine what revenue managers in the hospitality industry must know and do to be successful. Numerous cases and practical examples are used to illustrate revenue management concepts. Chapter ending questions and problems help them perform the calculations and practice the decision-making skills that are used in the field. RM in Action shows how the revenue management principles can be clearly illustrated using real-world examples reported in various news outlets. RM on the Web offers sites listed on the Internet to provide supplemental information about a topic or issue. Revenue managers will then gain hands-on skills to effectively manage their inventories and prices.
... food and beverage revenue management in Chinese hotels. Food service outlets in hotels, especially in upscale and luxury hotels, have been the preferred venues Revenue Management in China's Lodging Sector: Practices and Challenges 111.
The book takes a unique multi-author, collaborative approach, with chapters from outstanding industry leaders who share their experience and provide the information necessary to arm students with the most up-to-date tools and methods they ...
... President's National Committee to Ensure a Strong Competitive Airline Industry Herbert D. Kelleher, Chairman and CEO, Southwest Airlines, Inc. Dr. Sean J. King, Senior Consultant, Aeronomics Incorporated Ann Kirwin, Yield Manager, ...
For courses in Introduction to Revenue Management. The first of its kind, this book was written to address the emerging course in Hospitality focused on revenue management.
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.
Understanding this shift, its evolution and applying the new basics, this book provides a handbook for succeeding in a Web 2.0 world. It is an exciting way and creative approach to hotel sales and revenue management!
The book may also be used by hotel general managers, marketing managers, revenue managers and other practitioners looking for ways to improve their knowledge in the field.
This is the eBook of the printed book and may not include any media, website access codes, or print supplements that may come packaged with the bound book.
This book provides an end-to-end view of revenue management in the hospitality industry.
The book begins with an introduction to financial analysis and spreadsheet modeling. Subsequent chapters focus on specific skills such as forecasting, revenue management, and cost control, which support the maximization of profits.