Revenue Management Defined: Stages, Examples & More
02/09/2025
It also involves working with existing customers to upsell and cross-sell experiences, like onsite hotel spa use; and offering incentives for continued and return hotel stays that boost customer satisfaction and retention. This management includes optimisation of pricing, inventory, product distribution, partner engagement, and other factors — including post-sales nurturing of customer relationships to retain business. For example, a cloud provider adds hidden charges or...