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Revenue Management for the Hospitality Industry

Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Revenue Management for the Hospitality Industry by David K. Hayes and Allisha Miller is a comprehensive guide that explores the principles and practices vital for effective revenue management in the hospitality sector. Focusing on strategies to maximise revenue through pricing, inventory management, and distribution, the book provides insights into dynamic pricing and demand forecasting tailored for hotels, restaurants, and other hospitality businesses.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this book if you are interested in learning how to optimize pricing and manage inventory effectively within the hospitality industry. It's ideal for those looking to enhance their understanding of financial strategies and improve their business acumen to maximise profit in hotels, restaurants, and other hospitality settings.

Book Hero thinking about your next read

This is the first text that has been developed specifically to examine what revenue managers in the hospitality industry must know and do to be successful. Numerous cases and practical examples are used to illustrate revenue management concepts.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Revenue Management for the Hospitality Industry is filled with practical examples and best practices on the topic of revenue management, a critical aspect of the industry.

Through numerous revenue management examples from the hospitality industry and a running case example throughout the book, students will discover how they can incorporate revenue management principles and best practices.

The core of revenue management of a hospitality organisation is to, as the authors explain, "charge the right price, to the right customer, for the right product, through the right channel, at the right time."

The book is intended for students with prior knowledge and understanding of the hospitality industry, and will explain what they need to know and how to be successful.

Book Details

INFORMATION

ISBN: 9780470393086

Publisher: John Wiley & Sons Inc

Format: Paperback / softback

Date Published: 19 November 2010

Country: United States

Imprint: John Wiley & Sons Inc

Illustration: Photos: 0 B&W, 0 Color

Audience: Tertiary education

DIMENSIONS

Spine width: 31.0mm

Width: 191.0mm

Height: 239.0mm

Weight: 885g

Pages: 528

About the Author

David K. Hayes has more than 30 years experience in hospitality management and education. He has taught at Texas Tech University and the University of Houston. His industry experience includes serving as the Managing Owner of a hotel and conference center and a professional writer and consultant.

Allisha Miller has worked in the hospitality industry in a number of different roles, most recently as director of sales and marketing of a hotel and conference center. Currently, she is a professional writer and simulation developer for hospitality industry clients.

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