Future trends in revenue management

Future trends in revenue management

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Article ID: iaor20132645
Volume: 12
Issue: 3
Start Page Number: 289
End Page Number: 291
Publication Date: May 2013
Journal: Journal of Revenue and Pricing Management
Authors: ,
Keywords: hotel industry, revenue management, Spain
Abstract:

This article discusses the future trends in Revenue Management (RM) in hotel sector taking into account the findings of an investigation conducted by the authors at hotels in Madrid (Spain). This allows the detection of errors found in RM and future trends point to resolve these errors. Perhaps, the most important trend is to focus this management philosophy in customer value and not on the income or profits in situ.

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