In 1943, psychologist Abraham Maslow established a model describing the hierarchy of human needs, ordering them accordingly. This accurate and popular model fits perfectly into the business world and our hotel industry. We can extrapolate the same idea by placing the...
The main pillar of Revenue Management is demand forecasting. Anticipate the events certainty reduces uncertainty and allows us to establish strategies that help generate additional revenue. Without accurate demand prediction models supporting our strategies, we would...