Which of the following statements is not true:
A) Revenue management can include getting a tour operator to change the dates of a booking to a time that a hotel has low occupancy.
B) Revenue management systems use rate categories and demand forecasts.
C) Revenue management seeks to find the optimal point between minimising revenue lost due to unsold rooms and minimising revenue lost from rooms sold at prices below what they could have been sold for.
D) Revenue management is inconsistent with maximising RevPar.
E) If demand for a particular night is low, a revenue management system would indicate that prices for that night should be dropped in order to minimise unsold room inventory.
Correct Answer:
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