question 16\n3 tries left\nthe purpose of revenue management is to __________.\n○ increase profitability\n○…

question 16\n3 tries left\nthe purpose of revenue management is to __________.\n○ increase profitability\n○ negotiate the best possible rates with travel agencies\n○ manage group bookings\n○ increase guest satisfaction

question 16\n3 tries left\nthe purpose of revenue management is to __________.\n○ increase profitability\n○ negotiate the best possible rates with travel agencies\n○ manage group bookings\n○ increase guest satisfaction

Answer

Brief Explanations:

Revenue management aims to optimize revenue streams through strategies like pricing, demand - forecasting, and inventory control, ultimately to boost profitability. Negotiating with travel agencies, managing group bookings, and increasing guest satisfaction are related but secondary aspects.

Answer:

increase profitability