Hotel Revenue Management focuses on how a hotel can produce the highest amount of "profitable" revenue given its fixed capacity and variable demand. The fundamental principles and concepts of hospitality revenue management that include pricing and discounting strategies, overbooking practices, segmentation, competitive analysis, demand and revenue forecasting, performance analysis will be discussed throughout the term. To expand revenue management streams outside of the hotel rooms, Total Revenue Management strategies are explored. Non-traditional hospitality segments discussed include space optimization and cruise revenue management. 4 cr. Offered Spring Semester.