Business, Management and Accounting
8 years ago

Unveiling Revenue Management Errors in China's Hotel Industry

The application of revenue management in hotel industry and discussion on the hotel’s revenue management errors in China
Jianxin Fu

Paper Summary

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Revenue management is a useful method for managing hotel income. It has been used successfully in developed countries since the 1980s, but it's just starting to be studied in China. The paper talks about how revenue management is used in hotels and highlights some common mistakes made in China.