Revenue Management definition

Revenue Management means the operating principle of achieving optimal revenue through a combination of rental rate increases on existing customers (increases the existing revenue base and rent per square foot) and dynamic pricing of available inventory;
Revenue Management means the application of data, business rules, unit availability, and other factors to achieve the goal of maneuvering supply and demand statistics to reach optimal results. This capability is a mandatory requirement.

Examples of Revenue Management in a sentence

  • Operator must comply, at all times, Franchisor’s Revenue Management requirements, which costs will be approved through the Operating Budget.

  • Other services may include such services as Revenue Management, IT Support, Human Resource-related support and so forth.

  • As a precondition to Bank’s obligation to provide the Integrated Healthcare Solutions to Customer, Customer must have entered into, and hereby represents and warrants to Bank that it has entered into, a separate agreement with Revenue Management Solutions, LLC (“RMS”) for RMS to provide certain health care payment services to Customer (“RMS Customer Agreement”).

  • Within five (5) business days after the end of each Accounting Period, Lessee shall pay to Operator the Base Fee for the immediately prior Accounting Period, based upon Gross Hotel Income for the immediately prior Accounting Period, together with the Accounting Fee, the Revenue Management Fee and any other amount to be reimbursed to Operator as set forth in this Agreement.

  • Such requests shall be made by United’s Revenue Management Department (WHQIM) and responses from Contractor shall be provided within two (2) weeks of such request.

  • Within three (3) business days after the delivery to Lessee of the monthly report required by Section 9.02, Operator shall be paid the Operator's Fee by Lessee for the immediately prior month, based upon Gross Hotel Income for the immediately prior month, as determined from the books and records referred to in Article 9, together with the Accounting Fee, the Revenue Management Fee and any other amount to be reimbursed to Operator as set forth in this Agreement.

  • If any Event of Default has occurred, payment from the Revenue Management Account shall be, in principle, made in the following order.

  • If the sum deposited with the Revenue Management Account is not sufficient to pay interests on Tranche B on any Interest Payment Date, the Borrower shall withdraw the Interest Deposit from the Interest Deposit Account to pay interests to the Tranche B Lenders.

  • BUSINESS INTELLIGENCE services will identify opportunities within the Customer Acquisition, Customer Care, and Revenue Management business process flows and incorporate them in Business Intelligence activities.

  • Project Manager/Software Architect at Florida Department of Health, ASD, 2007 – 2012 Worked with a team to develop and maintain applications supported by the Division of IT, Bureau of Preparedness and Response and Bureau of Revenue Management in the FL Department of Health.