What Is Revenue Management
A definition of the term revenue management.Revenue Management:
Revenue Management is an approach taken by businesses that want to optimise their revenue stream. This is acheived through a thorough understanding of the marketplace that manipulates product demand, timing and targeting to best effect.
Revenue Management is another way to describe Yield Management. Read our our article on `what is yield management' for more information.
For hotels and other organisations wishing to implement revenue management, Data Track Communications offers a revenue management service as part of its call yield management solution.
