Function Space Revenue Management

Kimes and kelly a.

Function space revenue management. If you have the appropriate software installed you can download article citation data to the citation manager of your choice. Achieving optimal results on revenue management in hospitality function spaces is an ongoing challenge. Hotels can apply revenue management systems to their function spaces and boost the revenue contribution from those spaces. Noone et al 2009.

6 33 46 download citation. How to optimize function space revenue management. Simply select your manager software from the list below. Areas of interest in total revenue management are.

Kimes and kelly a. Results of this study demonstrated a generally low level of demand for the function spaces of the subject property overall. June 10 2019 by stan van roij. Cornell hotel and restaurant administration quarterly 2016 42.

Kimes and mcguire 2001. Function space restaurant spa and golf kimes et al 1998. Applying revenue management as we explain in this article. Kimes and schruben 2002.

Getting started in function space revenue management when getting started with function space revenue management it is recommended that you take a holistic look at your team alignment business processes and technology requirements. Functi on space revenue management a case study from singapore hotels can apply revenue management systems to their function spaces and boost the revenue contribution from those spaces. Mcguire rvenue management also known as yield manage v ment is commonly applied to hotels guest room inventories but the practice has not yet been systematically applied to. Function space revenue management calls for adequate sourcing and securing of data then analyzing that data through multiple technology platforms to make better informed price bundling and product packaging decisions.

The measure we apply for.