Difference Between Yield Management and Revenue Management
There are so many terminologies in the hospitality industry, even the best of us can’t keep up with it all sometimes. One thing that usually leaves many hoteliers beguiled is understanding the difference between Yield Management and Revenue Management.
Property managers continue to tack more and more responsibilities onto their job descriptions. The need for effective automation that will save them time and overhead cost is no longer a luxury, but a necessity.