Yield management it is sometimes called revenue management in hotels, is one of the most effective and well-developed tactics employed in the hospitality industry to make the best out of rooms sales by managing demand and supply. […]
Being part of the management team in a small hotel calls for some specific qualities and tasks. If you are of a small hotel, there are some tips that you can use to increase revenue for small […]
For the same, understanding changes in the market as well as advancement in technologies play a crucial role in the implementation of hotel revenue management. The following are then potential resolves or challenges for hoteliers in 2024. […]