Page 2 - Revenue Strategy
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Hotel Revenue Management Terminology
What is It?
• A Glossary of Terms in the Hospitality Industry specific to Revenue
Management.
Why is it Important?
• It helps your staff to execute the rate strategies to achieve higher
revenue potential.
How Does It Impact Your Business?
• It can provide a competitive advantage.
• It drives revenue to your hotel.
• It eliminates confusion from the staff on what rates to quote.
Additional Resources
Hotel Revenue Management Terminology Guide
