Lesson details
Pricing comes down to two main components in the end. The first is Demand Prediction – how many people want to come to your property. The second is Optimisation – how to use this prediction to make the most revenue from your remaining rooms. Ari explains how it works.
What you’ll learn in the Demand prediction and optimization lesson
- How a revenue management system decides on the price recommendations
- Demand prediction and ways to predict how many people will want to come
- Optimization and how that works to maximize revenue
Who the Introduction to hotel digitalization course is for
This online course is aimed at hotel managers looking to automate their revenue management.
