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As someone who spent his fairshare of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. Segment Your Market: Not all guests are created equal.
This is done by thoroughly understanding your property, its customers, and the market. Making sure you get your fairshare of direct bookings allows you to compete with OTAs and avoiding to pay the hefty commissions on those bookings. Article Summary What is Revenue Management?
As someone who spent his fairshare of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. Segment Your Market: Not all guests are created equal.
As someone who spent his fairshare of time in the trenches of revenue management, I can tell you it isn’t just some fancy industry jargon; it’s a game-changer, a revenue booster, your ticket to serious profit. Segment Your Market: Not all guests are created equal.
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This is done by thoroughly understanding your property, its customers, and the market. Making sure you get your fairshare of direct bookings allows you to compete with OTAs and avoiding to pay the hefty commissions on those bookings. Article Summary What is Revenue Management?
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