Power Your Document
Hotel Industry & Yield Management
Essay # 11603
Hotel Industry & Yield Management
Examines theory & practice of maximizing revenue in all time periods, despite changing demand, applied to hotel industry. Pricing, location, competition, computers, marketing, more.
2,925 words (approx. 11.7 pages) |
15 sources |
1996
From the Paper:
"Yield management is the balance of selling limited and perishable inventories at the right price to the right customers. This means that a single commercial airplane flight can have many different prices based on the needs of the travelers involved and when they purchased their ticket. Hotels can have guests paying different rates for essentially the same room, and even hospitals are competing in ways that not only boost their occupancy rates, but their overall yield results.Initially begun in the hospitality industry, yield management can be incorporated into other related industries where the conditions are right. However, there is the potential for problems if managers focus exclusively on yield management instead of building into their overall strategic plan."
More papers on Hotel Industry & Yield Management:
Cite this paper
APA Citation:
Hotel Industry & Yield Management (2012, January 15). Retrieved February 13, 2012, from http://www.academon.com/Essay-Hotel-Industry-Yield-Management/11603
MLA Citation:
"Hotel Industry & Yield Management" 15 January 2012. Web. 13 Feb. 2012. <http://www.academon.com/Essay-Hotel-Industry-Yield-Management/11603>
Downloadable version: $ 51.95
You will be able to download, read and edit this file once you buy this document
Shopping Cart
| Currency: |
Published by:
The Research Group
Publisher Since:
Nov 08, 2002 We have been in the business of writing papers, reports, and essays for over 30 years. All of our writers are professional writers that write academic research for a living. People that buy our papers are always satisfied with their content and quality.
Explore AcaDemon
Buyer Assistance
Seller Assistance
Share Our Success