Revenue Management - the science of ultimate hotel success

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Name	Revenue Management - the science of ultimate hotel success
Video Uploader	Video From AltexSoft
Upload Date	This Video Uploaded At 17-06-2020 06:00:14
Video Discription	Basically, revenue management does a difficult job of matching supply and demand or selling the right room to the right client at the right moment at the right price on the right distribution channel with the best commission. This is something any business has to do to stay profitable, but something the hotel industry needs the most. Why ? Learn more about AltexSoft: https://www.altexsoft.com Follow us on LinkedIn: https://www.linkedin.com/company/altexsoft/ Follow us on Facebook: https://www.facebook.com/altexsoft/ Follow us on Twitter: https://twitter.com/AltexSoft Follow us on Instagram: https://www.instagram.com/altexsoftcom/ Sources: [ 1 ] https://www.wsj.com/articles/marriott-to-acquire-starwood-hotels-resorts-1447673866 [ 2 ] https://skift.com/2014/09/26/latin-american-hotels-have-a-supply-and-demand-problem/ [ 3 ] https://sha.cornell.edu/faculty-research/faculty/sek6/ [ 4 ] https://scholarship.sha.cornell.edu/cgi/viewcontent.cgi?article=1239&context=chrpubs - page 8 [ 5 ] https://suite.booking.com/rateintelligence/ https://welcome.expediagroup.com/en Read more in our articles: 1) Hotel Revenue Management: Solutions, Best Practices, Revenue Manager’s Role https://www.altexsoft.com/blog/business/hotel-revenue-management-solutions-best-practices-revenue-managers-role/ 2) Machine Learning Redefines Revenue Management and Dynamic Pricing in Hotel Industry https://www.altexsoft.com/blog/datascience/machine-learning-redefines-revenue-management-and-dynamic-pricing-in-hotel-industry/ Music in video: Hiatus (https://freemusicarchive.org/music/Frequency_Decree/2019032962919594/Hiatus) by Frequency Decree (https://nultielrecords.blogspot.com/) is licensed under a Attribution-NonCommercial-ShareAlike License. (https://creativecommons.org/licenses/by-nc-sa/4.0/) Massive Attack (https://freemusicarchive.org/music/Podington_Bear/Homage_Fromage/Massive_Attack) by Podington Bear (http://soundofpicture.com//) is licensed under a Attribution-NonCommercial 3.0 International License.. (https://creativecommons.org/licenses/by-nc/3.0/) Digital Savanna (https://freemusicarchive.org/music/Metre/Motif_1827/Digital_Savanna_1238) by Metre (https://nultielrecords.blogspot.com/) is licensed under a Attribution-NonCommercial-ShareAlike License.(https://creativecommons.org/licenses/by-nc-sa/4.0/) Hill And Dale (https://freemusicarchive.org/music/Chad_Crouch/Evolver/Hill_And_Dale) by Chad Crouch (https://www.soundofpicture.com/) is licensed under a Attribution-NonCommercial 3.0 International License. (https://creativecommons.org/licenses/by-nc/3.0/) Adventure (https://freemusicarchive.org/music/Chad_Crouch/Motion/Adventure) by Chad Crouch (https://www.soundofpicture.com/) is licensed under a Attribution-NonCommercial 3.0 International License. (https://creativecommons.org/licenses/by-nc/3.0/) "Effemeah Weeps" (https://freemusicarchive.org/music/Uncanny/~/Effemeah_Weeps) by Uncan (http://www.uncannytracks.com/) is licensed under a Attribution-NonCommercial 3.0 International License. (https://creativecommons.org/licenses/by-nc/3.0/) The Spring (https://freemusicarchive.org/music/Chad_Crouch/Field_Report_Vol_I_Oaks_Bottom_Instrumental/The_Spring_Instrumental) by Chad Crouch (https://www.soundofpicture.com/) is licensed under a Attribution-NonCommercial 3.0 International License. (https://creativecommons.org/licenses/by-nc/3.0/) Phase 3 (https://freemusicarchive.org/music/Xylo-Ziko/20190519133430449/Phase_3_1142#) by Xylo-Ziko (https://nultielrecords.blogspot.com/) is licensed under a Attribution-NonCommercial-ShareAlike License. (https://creativecommons.org/licenses/by-nc-sa/4.0/) Phase 5 (https://freemusicarchive.org/music/Xylo-Ziko/20190519133430449/Phase_5_1726) by Xylo-Ziko (https://nultielrecords.blogspot.com/) is licensed under a Attribution-NonCommercial-ShareAlike License. (https://creativecommons.org/licenses/by-nc-sa/4.0/) Phase 1 (https://freemusicarchive.org/music/Xylo-Ziko/20190519133430449/Phase_1_1909) by Xylo-Ziko (https://nultielrecords.blogspot.com/) is licensed under a Attribution-NonCommercial-ShareAlike License. (https://creativecommons.org/licenses/by-nc-sa/4.0/) La tapa improvisada (https://freemusicarchive.org/music/CIRCUSMARCUS/La_tapa_del_da_LP/16_La_tapa_improvisada_MASTER_1716) by Circus Marcus (https://www.circusmarcus.net/) is licensed under a Attribution-NonCommercial 3.0 International License. (https://creativecommons.org/licenses/by-nc/3.0/) #Revenue #revenuemanagement #hotelmanagement #traveltech #hospitality #demandforecasting Video footages: Videvo.net (author: Videvo)
Category	Science & Technology
Tags	Revenue \| revenuemanagement \| hotelmanagement \| traveltech \| hospitality \| demandforecasting

Revenue Management - the science of ultimate hotel success

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