With a fixed capacity, a highly disposable product and high fixed costs, hotels are a natural candidate for the application of revenue management. Originally developed by the airlines in the 1970s, these analytics-based techniques help predict consumer behavior at the hotel’s market level so that the hotel can sell each room each night at the optimum price.
- 5 stars70.35%
- 4 stars21.18%
- 3 stars5.53%
- 2 stars1.56%
- 1 star1.35%
I'd like more practice questions throughout the coursing understanding when it makes sense to Yield or lower rates. The final quiz was complicated to understand.
Very thorough course on Revenue Management. Liked the structure of the course as well as the pace. A lot of content was explained in a short amount of time.
I am so glad that I completed this course during quarantine, I am so happy for this learning system. I am looking forward to get another course.
I really enjoyed the classes, learned a lot, but unfortunately most of the links for complementary reading were not working properly.