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Essay Details:
Essay text:
Specific results and conclusions
are detailed below.
Keywords: revenue management; pricing strategies
As airlines and hotels continue to build and refine
successful revenue- management strategies,
restaurants have recently realized the value that
revenue-management planning can bring to the bottom
line. Because the operational elements of restaurants
differ from those of airlines and hotels, restaurants
cannot simply apply the same revenuemanagement
strategies as those used by airlines and
hotels. To provide an enhanced understanding of how
to use revenue management in restaurants, we first
provide a brief overview of revenue management
and its strategic levers...
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Common topics in this essay:
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