Title
Revenue Management Underpinnings: An Exploratory Review
Keywords
Mid-sized lodging; Revenue enhancement; Revenue management; Yield management
Abstract
This article compares usage and competency factors of yield management principles as reported by those in charge of revenue enhancement within mid-sized, upper market lodging operations located in the United States. The results indicate that 11 immediate revenue management factors, five intermediate demand indicators, four benchmarking activities, two long term demand forecasting factors, and two supply and demand maximization factors comprise the yield management process. Overall, this profile indicates that (a) the practice of yield management does have conceptual and practical links, and (b) there is a perceived difference between one's usage and comfort in applying various principles. © 2002 Elsevier Science Ltd. All rights reserved.
Publication Date
1-1-2002
Publication Title
International Journal of Hospitality Management
Volume
21
Issue
1
Number of Pages
67-83
Document Type
Article
Personal Identifier
scopus
DOI Link
https://doi.org/10.1016/S0278-4319(01)00027-5
Copyright Status
Unknown
Socpus ID
0036146880 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/0036146880
STARS Citation
Upchurch, Randall S.; Ellis, Taylor; and Seo, Junwon, "Revenue Management Underpinnings: An Exploratory Review" (2002). Scopus Export 2000s. 2987.
https://stars.library.ucf.edu/scopus2000/2987