Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE (www.oxfordhandbooks.com). © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 23 August 2019

Abstract and Keywords

This article introduces the models and algorithms behind many revenue management (RM) software implementations. It is organized as follows. Section 26.2 describes the RM process, covering product design and broader managerial and competitive RM concerns. Section 26.3 discusses models and algorithms for single-resource revenue management, the operational control of sales for a single resource. Section 26.4 covers network revenue management, which is concerned with controlling the sale of products that consume multiple resources (such as multi-night stays for hotels). Section 26.5 discusses some auxiliary operational issues of RM, and concludes with some suggestions for further reading.

Keywords: models, algorithms, software implementation, revenue management software

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.