Revenue Management – a necessary evil, but not sufficient for delivering profitably
The Marketplace Is More Transparent Than Ever – Hotels Must Look Beyond Revenue Management The hotel industry is increasingly transparent and efficient. In fact, the marketplace now resembles a reverse-auction, where hotels compete by offering the lowest price. As a result, revenue management has taken much of the control of profitability out of hoteliers’ hands. […]
Latest Technology to Allow UCF Hospitality Students to Virtually Manage Hotels
UCF Rosen College Students Become Virtual Hotel General Managers with PMI Orlando, Fla. – March 12, 2013 – Many hospitality professionals spend years gaining experience before reaching top management. However, new technology at the University of Central Florida’s Rosen College of Hospitality Management is helping students fast-track their careers. The Performance Management Intelligence (PMI) software […]