The process of allocating and controlling inventory pricing and availability to various sales channels. Managing inventory pricing and availability are…
Acronym for Computerized Reservation System. A computer based electronic data system that allows a supplier (traditionally an airline or hotel)…
Reservation of more seats by a tour operator than are actually available, sometimes done deliberately to compensate for anticipated no…
The concepts and techniques concerning the maximization of profit or revenue as well as the development of systems to best…