The Profit-Oriented Revenue Management Revolution To Maximize Profitability in Hospitality ...Middle East

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The Profit-Oriented Revenue Management Revolution To Maximize Profitability in Hospitality
Traditional revenue management concepts in the hospitality industry have evolved significantly in recent years due to technological changes, consumer behavior, and market dynamics. Where revenue management used to focus on maximizing room revenue alone, profit-oriented revenue management shifted the focus to ancillary revenue streams like food and beverage, spa services, events, and other on-site amenities.

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