Yield management is paramount for any hotel looking to maximize revenue. It's a vital pricing strategy for accurate and useful forecasting. If you are interested in hitting the balance between supply and demand, that is, availability and price, this is the right tool to use.
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Answer:
Yield management is paramount for any hotel looking to maximize revenue. It's a vital pricing strategy for accurate and useful forecasting. If you are interested in hitting the balance between supply and demand, that is, availability and price, this is the right tool to use.
Explanation:
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