Bulk Price – An inseparable rate for a specified number (or block) of space taken for a particular group. Closed until Arrival (CTA) – An inventory control mechanism used by revenue managers means that no new bookings can be accepted for customers arriving on that date. In the current science of revenue management, demand, which can thus be segmented, is generally referred to as “profitable” demand. The technique of opening and closing the price points available for sale in order to adapt to the offer and offer to maximize turnover is described as a viable approach to revenue management. Demand is considered bearable when it consists of independent closed segments, which can be predicted and evaluated separately, and are activated and switched off with stock orders in accordance with optimization algorithms based on the remaining inventory of seats or space. Below are the terms of a legal agreement (“Agreement”) between you and HotelExecutive. By accessing, surfing and/or otherwise using this website, HotelExecutive, you recognize that you have read, understood and accepted these terms and conditions and that you comply with all applicable laws and regulations, including U.S. export and export control laws and regulations. If you do not agree with all these terms and conditions, you cannot access HotelExecutive, search and/or use it. Materials provided on HotelExecutive are protected by law, including, but not limited to, U.S. copyright and international treaties.
For all those who have spent a great deal of time in the travel industry, especially in the hotel and restaurant industry or aeronautics, the term “income management” is often used in general to refer to the practice of income management (RM) in general. However, these two should not be confused. For people who make revenue for their livelihoods – and those who create and provide software solutions for income management – the word “yield” now has obvious meaning, and it refers to a specific approach that maximizes revenue, different from the recent (i.e. cheap) approaches that have emerged in recent years. All this falls under the roof of RM. HotelExecutive reserves the right to cooperate fully with law enforcement agencies or court decisions: Ask or order HotelExecutive to disclose the identity or other information about users or members alleged by a state agency they use HotelExecutive or content or material available in, through, through or in connection with HotelExecutive in violation of laws or regulations or in violation of this Agreement, including, but not limited to the publication, publication or dissemination of such documents. In accepting this Contract, you waive HotelExecutive and keep it free of any claims arising from the actions of HotelExecutive during or as a result of its investigations and acts resulting from investigations conducted by HotelExecutive or the D. Enforcement Services, to download, post, send or transmit in any way content that you provide under a law or contractual or fiduciary relations such as.B. Preferred information, protected and confidential information that you provide in the context of labour relations or any software, including codes or other material made available for download by HotelExecutive, is the copyrighted work of HotelExecutive and/or its related suppliers and companies. When you download Software from HotelExecutive, the use of the software is subject to the licensing conditions of the software license agreement that is associated with or delivered with the software. You can only download or install the software after reading and accepting the terms of the corresponding software license agreement.