6. BUSINESS DEVELOPMENT

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Revenue Management or Yield Management originated in the airline industry but has since become a tool for the hotel industry to optimize room prices according to supply and demand.

No longer do managers rely on instinct and gut feeling to determine their pricing strategy, Revenue Management is a science in and onto itself. Multiple tracking programs can help you with this; the documentation in this section provides a background for better understanding and taking the first feeble steps to implementation.
 

NOTE:

You will get all these document, when you are joining the "HOTEL QUALITY ASSURANCE" All editable documents are in (word, excel and powerpoint)