What is the meaning / definition of in the industry?

The term Remote , refers to the practice of management done remotely.

Revenue Management focuses on selling the right room to the right client at the right moment at the right price.

Revenue management helps to predict consumer to optimise and price in order to maximise revenue growth. The purpose of Revenue Management is not selling a room today at a low price to sell it tomorrow at a higher price. Revenue Management also means selling a room at low price today if you do not expect higher demand.

See also:

  • Revenue Management

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