The marketplace is becoming more transparent and efficient – transformed into a reverse-auction, where hotels essentially attract guests by offering the lowest price. As an industry practice, revenue management has taken away the hotel’s control of profitability. But...
Orlando, Fla. – March 12, 2013 – Many young hospitality professionals spend years working in the field, earning valuable industry experience that will prepare them to eventually become general managers of hotels, resorts, restaurants, and cruise lines. However, new...
