According to Dr. Peter Bell of the Ivey School of Business, revenue management is the "science and art of enhancing firm revenues while selling essentially the same amount of product." An article in ...
Let's face it: revenue management is just a palatable way of saying "how to make the greatest possible amount of money," and even that's a little diplomatic. Revenue management, often called yield ...
Yield or revenue managers work to ensure that rooms, seats or units are rented at the best price in industries where profit is derived from capacity. For example, hotel, car rental, airline and other ...
Revenue drives business. An initial response is to say—more is better. But on reflection, you know that isn’t true. Revenue must be profitable to be desirable. And profitability means more than gross ...
After the darkest two years in the history of the hotel industry, 2022 offered a chance to smile again. The party from pent-up demand can’t last forever, though. As revenue managers look ahead to 2023 ...
According to the 2023 State of Revenue Report, pharma companies are prioritizing digital transformation while struggling with inflation and supply chain disruptions. Entering 2023, pharma executives ...
The Rainmaker Group, a provider of revenue management and profit optimization solutions to the multifamily housing and gaming/hospitality industries, announces the launch of LRO Student™, a revenue ...
Every airline employs a cadre of fare revenue managers. These are the folks who adjust airfares throughout the day, depending on route, season, demand, supply and other factors. They're a notoriously ...
The integration of AI-powered revenue management by ground transportation operators is transforming the industry, introducing dynamic pricing and demand forecasting. Traditionally reliant on static ...
ATLANTA--(BUSINESS WIRE)--Today, Revenue Analytics, a leader in revenue optimization software solutions for large, complex industries, announced the appointment of Bill Brewster as Chief Executive ...