Meeting revenue management challenges: Knowledge, skills and abilities

Title Meeting revenue management challenges: Knowledge, skills and abilities
Author Cetin, G., Demirçiftçi, Tevfik, Bilgihan, A.
Publication Date: 2016-08
Publication Place - Elsevier
Subject Revenue management, Yield management, Challenges, KSAs, Revenue managers
Type Periodical
Language English
Digital Yes
Manuscript No
Library: Özyeğin University
Library Asset ID 1873-4693
Record ID f350cc40-e2c9-4637-874b-081667da0e97
Library Location Hotel Management
Date 2016-08
Notes Istanbul University Research Council
Sample Text Hospitality industry increasingly recognizes importance of integrating revenue management into their operations and significance of their staff to do so. Yet revenue managers face major challenges from both internal and external sources. Hence revenue staff dealing with several sophisticated problems should possess various knowledge, skills and abilities (KSAs) to enable them effectively overcome these obstacles. However which specific capabilities are required to what extent are not clear. Therefore this study aims to match the challenges that are faced by hotel revenue managers with KSAs required in managing inventory and prices. A two step qualitative method is adopted; first 14 revenue managers were interviewed and secondly a focus group with eight participants was conducted in order to identify challenges and competencies required in improving revenue management effectiveness. Thus this study offers a typology of challenges faced by revenue managers and it also identifies KSAs that are required by revenue management staff.
DOI 10.1016/j.ijhm.2016.06.008
Cilt 57
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Meeting revenue management challenges: Knowledge, skills and abilities

Author Cetin, G., Demirçiftçi, Tevfik, Bilgihan, A.
Publication Date 2016-08
Publication Place - Elsevier
Subject Revenue management, Yield management, Challenges, KSAs, Revenue managers
Type Periodical
Language English
Digital Yes
Manuscript No
Library Özyeğin University
Library Asset ID 1873-4693
Record ID f350cc40-e2c9-4637-874b-081667da0e97
Library Location Hotel Management
Date 2016-08
Notes Istanbul University Research Council
Sample Text Hospitality industry increasingly recognizes importance of integrating revenue management into their operations and significance of their staff to do so. Yet revenue managers face major challenges from both internal and external sources. Hence revenue staff dealing with several sophisticated problems should possess various knowledge, skills and abilities (KSAs) to enable them effectively overcome these obstacles. However which specific capabilities are required to what extent are not clear. Therefore this study aims to match the challenges that are faced by hotel revenue managers with KSAs required in managing inventory and prices. A two step qualitative method is adopted; first 14 revenue managers were interviewed and secondly a focus group with eight participants was conducted in order to identify challenges and competencies required in improving revenue management effectiveness. Thus this study offers a typology of challenges faced by revenue managers and it also identifies KSAs that are required by revenue management staff.
DOI 10.1016/j.ijhm.2016.06.008
Cilt 57
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