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iRates Revolution in automated hotel revenue management

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Article: Automation in Hospitality Revenue Management | by Ira Vouk and Serge Terekhov May 1st, 2015

The slogan of the successful Revenue Management is to sell the right product to the right customer at the right time and for the right price. It sounds relatively simple but is not easy to accomplish. How do we know when the right time comes, what the right price is and what types of customers we should target?

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