Hotel Revenue Management: What You Probably Don’t Know About Rate Changes
Tue, 24 April 2012
Revenue Management (RM) and Pricing have been around now for decades. Since US Congress passed the Airline Deregulation Act back in 1978 RM has moved from airlines, to hotels and on to other industries. 34 years later hotels have RM and pricing systems, channel management tools and supporting data that make it easy to keep prices right where they need to be.