Many industries experience seasonal or time-based fluctuations in demand, including hotels and restaurants as discussed in this
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Many industries experience seasonal or time-based fluctuations in demand, including hotels and restaurants as discussed in this chapter. What is yield management, and how do yield management systems help companies provide consistent value to customers despite fluctuating demand?
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Yield management also known as revenue management is a pricing and inventory strategy that many industries including hotels and restaurants use to optimize their revenue and profitability especially w...View the full answer
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