According to Dr. Peter Bell of the Ivey School of Business, revenue management is the "science and art of enhancing firm revenues while selling essentially the same amount of product." An article in ...

Yield or revenue managers work to ensure that rooms, seats or units are rented at the best price in industries where profit is derived from capacity. For example, hotel, car rental, airline and other ...

In my previous article, I delved into the essence of revenue management (RM) and its objective: to maximize revenue and profit by offering the right product to the right customer at the right time, ...

We are pleased to announce the twenty-first annual INFORMS Revenue Management and Pricing (RM&P) Section Conference, which will take place on June 20-22, 2022. This event is the premier forum for both ...

Revenue drives business. An initial response is to say—more is better. But on reflection, you know that isn’t true. Revenue must be profitable to be desirable. And profitability means more than gross ...

Today, effective CPG trade and revenue growth management requires a new approach to keep up with the pace of change. Consumer products companies are challenged on all fronts. Inflation continues to ...

Revenue cycle management (RCM) is vital for healthcare organizations. It ensures financial stability and efficient operations. RCM involves managing the financial processes from patient registration ...

Sustainability is a business necessity. The U.S. Securities and Exchange Commission’s new climate disclosure rules underscore the mounting pressure on businesses to prioritize environmental ...

Sophisticated revenue management systems will undoubtedly become more commonplace in the hotel industry, but today still only a small minority of hotels use them. There is a lot of room left for ...

The integration of AI-powered revenue management by ground transportation operators is transforming the industry, introducing dynamic pricing and demand forecasting. Traditionally reliant on static ...