This Website is meant to be a first and basic approach to Hotel Revenue Management. When I first started as Revenue manager, nothing was like I had been studying in college (I wasn't paying too much attention either).
finding some good literature about Hotel revenue Management has been quite though too. It is mostly incentrated in airline revenue managegement (per leg or per seat inventory management), and when you find a decent book about Hotel Revenue Management, even the book that promise to be a simple hand on approach, start with the technical jargon by the third page, which makes elaborating a forecast with a sthochastic mixed to linear demand more appropriate for a nuclear physicist.
I am elaborating this website just to be a beginning help to whoever wants to approach this revolutionary science.
Revolutionary because up until now, whenever a company was facing financial challenges, the management would cut on staff ==> production, nowadays everybody has realized that it is mostly a short term solution: as demand start growing again, these very same companies will experience production difficulties. Thanks to this new way of thinking, businessmen around the world have realised that by selling in a more intelligent way they can increase revenue exponentially.
please do contact me to point out mistakes, or to ask for more specific documentation.
