Improving Hospitality Industry Sales: Twenty-Five Years of Revenue Management

dc.contributor.authorAnderson, Chris K.
dc.contributor.authorXie, Xiaoqing
dc.description.abstractFrom its origin in the airline industry nearly sixty years ago, revenue management has expanded to other hospitality industries, notably lodging and rental cars. More recently, “nontraditional” service industries, such as restaurants, golf courses, and casinos, have begun to adapt and apply revenue management principles. The first revenue-management–related article appeared in the Cornell Quarterly in 1988—an article that introduced revenue management concepts to the hotel industry. Subsequently, the Quarterly has published numerous revenue management studies, covering hotels, restaurants, golf courses, and function space. In addition, CQ has examined distribution and pricing issues. This review of twenty-plus years of CQ articles documents the expansion of revenue management themes as published in the Quarterly and suggests directions for future revenue management research.
dc.description.legacydownloadsAnderson7_Improving_Hospitality_Industry_Sales.pdf: 3327 downloads, before Aug. 1, 2020.
dc.rightsRequired Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.
dc.subjectrevenue management
dc.subjectrestaurant table mix
dc.subjectcasino revenue management
dc.subjectpricing strategy
dc.titleImproving Hospitality Industry Sales: Twenty-Five Years of Revenue Management
local.authorAffiliationAnderson, Chris K.: Cornell University
local.authorAffiliationXie, Xiaoqing: Cornell University
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