How To Be a Successful Revenue Manager: A Case from the Marriott Turkey Cluster

Revenue managers play a vital role in the hotel industry for maximizing revenues. The hotel industry also understands the importance of revenue managers. However, according to hotel revenue professionals, there is still a lack of qualified revenue managers. The purpose of this case study is to revea...

Full description

Saved in:
Bibliographic Details
Main Author: Tevfik Demirçiftçi
Format: Article
Language:English
Published: Istanbul University Press 2022-06-01
Series:Journal of Tourismology
Subjects:
Online Access:https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/182110F674CC4A899E9FCD3FA91AE9A1
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Revenue managers play a vital role in the hotel industry for maximizing revenues. The hotel industry also understands the importance of revenue managers. However, according to hotel revenue professionals, there is still a lack of qualified revenue managers. The purpose of this case study is to reveal the competencies of a successful hotel revenue manager. To achieve this purpose, an expert interview was done with a successful revenue manager in the Marriott Turkey cluster. It was found out that having good analytical and communication skills were essential to being a successful revenue manager. Understanding the local market and adopting brand standards were vital for effective revenue management.
ISSN:2459-1939