A MATHEMATICAL APPROACH TO REVENUE MANAGEMENT

Lucian Stanciu-Gorun

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2019, vol. 13, issue 1, 675-683

Abstract: Revenue Management is an important part of the Hospitality Management process. It requires quick decision as well as precise prediction. Based on the results of the previous year, we’ll try to create an equation which will be used to make a projection of managerial performance for at least one year.

Keywords: ADR; mathematical approach; Rev PAR; Revenue Management. (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:13:y:2019:i:1:p:675-683

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