Yield management - Wikipedia
https://en.wikipedia.org/wiki/Yield_management
There are three essential conditions for yield management to be applicable: A fixed amount of resources available for sale Perishable resources that have a time limit to sell Different customer segments that have different willingness to pay Group and transient room sales Food and beverage activity Local and area-wide activities Special events That there is a fixed amount of resources available for sale. Group room sales Transient or FIT room sales Food and Beverage activity
A fixed amount of resources available for sale
Perishable resources that have a time limit to sell
Different customer segments that have different willingness to pay
Group and transient room sales
Food and beverage activity
Local and area-wide activities
Special events
That there is a fixed amount of resources available for sale.
Group room sales
Transient or FIT room sales
Food and Beverage activity
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