Revenue management for the hospitality industry

"This revised and updated second edition of Revenue Management for the Hospitality Industry explains pricing and revenue management strategies using realistic and practical industry examples from hotels, restaurants, and many other hospitality industry segments that utilize differential pricing...

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Bibliographic Details
Main Authors: Hayes, David K., (Author), Hayes, Joshua D., (Author), Hayes, Peggy A., (Author)
Format: eBook
Language: English
Published: Hoboken, New Jersey : Wiley, [2021]
Edition: 2nd edition.
Subjects:
ISBN: 9781119840411
9781119790723
9781119790778
Physical Description: 1 online zdroj

Cover

Table of contents

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020 |a 9781119840411  |q (pdf) 
020 |a 9781119790723  |q (epub) 
020 |z 9781119790778  |q (hardback) 
035 |a (OCoLC)1262678759  |z (OCoLC)1323251988  |z (OCoLC)1402027718 
042 |a pcc 
100 1 |a Hayes, David K.,  |e author. 
245 1 0 |a Revenue management for the hospitality industry /  |c David K. Hayes, Joshua D. Hayes, Peggy A. Hayes. 
250 |a 2nd edition. 
263 |a 2111 
264 1 |a Hoboken, New Jersey :  |b Wiley,  |c [2021] 
300 |a 1 online zdroj 
336 |a text  |b txt  |2 rdacontent 
337 |a počítač  |b c  |2 rdamedia 
338 |a online zdroj  |b cr  |2 rdacarrier 
500 |a Includes index. 
506 |a Plný text je dostupný pouze z IP adres počítačů Univerzity Tomáše Bati ve Zlíně nebo vzdáleným přístupem pro zaměstnance a studenty 
520 |a "This revised and updated second edition of Revenue Management for the Hospitality Industry explains pricing and revenue management strategies using realistic and practical industry examples from hotels, restaurants, and many other hospitality industry segments that utilize differential pricing as a major revenue management tool. The book explains, in detail, what hospitality professionals must know and do to become effective revenue managers. A new chapter on data analysis addresses the dramatic rise in the importance of big-data collection and management, as well as the importance of revenue management-related data increasingly posted on social media and social network accounts. A running case throughout the book helps students discover how to incorporate revenue management principles and strategies address in the text's 14 chapters. The book is intended for students with prior knowledge and understanding of the hospitality industry."--  |c Provided by publisher. 
505 0 |a Cover -- Title Page -- Copyright Page -- Contents -- Preface -- Acknowledgments -- Part I Revenue Management Principles -- Chapter 1 Introduction to Revenue Management -- Introduction -- The Purpose of Business -- The Purpose of Revenue Management -- The Purpose and Design of This Book -- Essential RM Terms -- Test Your Skills -- Key Concept Case Study -- Endnotes -- Chapter 2 Strategic Pricing -- What Is a Price? -- The Importance of Price in the 4 Ps of the Marketing Mix -- The Role of Supply and Demand in Pricing -- The Role of Costs in Pricing -- Implementing Strategic Pricing 
505 8 |a Essential RM Terms -- Test Your Skills -- Key Concept Case Study -- Endnotes -- Chapter 3 Value -- The Role of Value in Pricing -- The Relationship Between Quality and Price -- The Relationship Between Service and Price -- The Link Between Quality, Service, and Price -- The Art and Science of Strategic Pricing -- Essential RM Terms -- Test Your Skills -- Key Concept Case Study -- Endnotes -- Chapter 4 Differential Pricing -- Principles of Managing Revenue -- Differential Pricing -- Limits to Differential Pricing -- Applying Differential Pricing -- Revenue Management or Revenue Optimization? 
505 8 |a Essential RM Terms -- Test Your Skills -- Key Concept Case Study -- Endnotes -- Chapter 5 The Revenue Manager's Role -- The Revenue Manager in the Hospitality Industry -- Legal Aspects of Revenue Management -- Ethical Aspects of Revenue Management -- The Revenue Manager Position -- The Revenue Management Team -- Essential RM Terms -- Test Your Skills -- Key Concept Case Study -- Endnotes -- Part II Revenue Management for Hoteliers -- Chapter 6 Forecasting Demand -- The Importance of Demand Forecasting -- Historical Data -- Current Data -- Future Data -- Demand Forecasts and Strategic Pricing 
505 8 |a Essential RM Terms -- Test Your Skills -- Key Concept Case Study -- Endnotes -- Chapter 7 Inventory and Price Management -- The Marketing Mix Revisited -- Inventory Management -- Characterizing Rooms for Optimum Inventory Management -- Designating Unique Room Codes -- Classifying Guests by Market Segment -- Overbooking as an Inventory Management Strategy -- Price Management -- Stay Restrictions -- Principles of Inventory and Price Management -- Essential RM Terms -- Test Your Skills -- Key Concept Case Study -- Endnotes -- Chapter 8 Distribution Channel Management 
505 8 |a Managing Distribution Channels -- Nonelectronic Distribution Channels -- Electronic Distribution Channels -- Principles of Distribution Channel Management -- Essential RM Terms -- Test Your Skills -- Key Concept Case Study -- Endnotes -- Chapter 9 Data Analysis and Revenue Management -- Data-Driven Decision Making -- Categories of Technology Impacting the Hospitality Industry -- Revenue Management Strategies for Use in an Ever-Changing World -- Essential RM Terms -- Test Your Skills -- Key Concept Case Study -- Endnotes -- Chapter 10 Evaluation of Revenue Management Efforts in Lodging 
590 |a eBooks on EBSCOhost  |b All EBSCO eBooks 
650 0 |a Hospitality industry  |x Management. 
650 0 |a Hospitality industry. 
655 7 |a elektronické knihy  |7 fd186907  |2 czenas 
655 9 |a electronic books  |2 eczenas 
700 1 |a Hayes, Joshua D.,  |e author. 
700 1 |a Hayes, Peggy A.,  |e author. 
776 0 8 |i Print version:  |a Hayes, David K.  |t Revenue management for the hospitality industry  |b 2nd edition.  |d Hoboken, New Jersey : Wiley, [2021]  |z 9781119790778  |w (DLC) 2021027135 
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999 |c 111158  |d 111158 
993 |x NEPOSILAT  |y EIZ