The Booking Time

When half the world is sleeping the other half is wide awake. However, we are all in the globalization mode and any booking can be made from anywhere around the world. It is important that revenue managers know the booking time slot when a specific domicile starts their bookings. India will produce maximum reservations between…

Unethical Practices in Hotel Revenue Management

The term revenue management may have been introduced in the 20th century, but the concept is very old. In the olden days, unethical practices were more popular than ethical practices. Creating artificial demand, stockpiling, holding rates via consortium are older practices which are followed till today. While generally among the masses, such unethical practices are…