Which of the following sectors of service marketing use the concept of revenue management?
A)Travel industry
B)Hotel industry
C)Airline industry
D)Restaurant industry
E)All of the above

Question

Quizplus · Accepted Answer

All of the above sectors of service marketing use the concept of revenue management. Revenue management is a pricing strategy that involves setting different prices for goods or services, based on the customer's perceived value, demand, and available inventory. The travel, hotel, airline, and restaurant industries all rely heavily on revenue management to optimize sales and profitability.

Which of the Following Sectors of Service Marketing Use the Concept