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 ...
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 ...
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 ...
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 ...
We are pleased to announce the twenty-first annual INFORMS Revenue Management and Pricing (RM&P) Section Conference, which will take place on June 20-22, 2022. This event is the premier forum for both ...
Learn the critical differences between revenue and income, their impact on financial health, and how understanding each can ...
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 ...
The Coca-Cola Company’s KO Revenue Growth Management (“RGM”) strategy has emerged as a critical lever in sustaining momentum ...
San Mateo: Model N has released its seventh annual State of Revenue Report, analyzing how executives in life sciences and high-tech industries are adapting their revenue operations. The report ...