Leisure Revenue Management

Research output: Contribution to journalArticle

Abstract

Leisure revenue management (RM or yield management) marries theissues of supply, demand and price, when the organisation isconstrained by capacity. By using ‘time’ as the unit of inventory, theauthors explore a typology of the characteristics of RM that pertainto the leisure experience, and set out to explain the process of RMthrough a holistic model which brings benefits to managing leisureproperties and events.
LanguageEnglish
Pages306-317
JournalJournal of Retail and Leisure Property
Volume1
Issue number4
DOIs
Publication statusPublished - 2001

Fingerprint

Revenue management
Leisure
Supply and demand
Yield management

Cite this

Yeoman, I ; McMahon-Beattie, U. / Leisure Revenue Management. 2001 ; Vol. 1, No. 4. pp. 306-317.
@article{1be2dd3efdc5435e903d247f6ceeeb9a,
title = "Leisure Revenue Management",
abstract = "Leisure revenue management (RM or yield management) marries theissues of supply, demand and price, when the organisation isconstrained by capacity. By using ‘time’ as the unit of inventory, theauthors explore a typology of the characteristics of RM that pertainto the leisure experience, and set out to explain the process of RMthrough a holistic model which brings benefits to managing leisureproperties and events.",
author = "I Yeoman and U McMahon-Beattie",
note = "Reference text: 1. Grainger-Jones, B. (1999) Managing Leisure, Butterworth-Heinemann, London. 2. Ibid. 3. Cross, R. (1997) Revenue Management, Orion Publications, London. 4. Sharples, E., Yeoman, I. and Leask, A. (1999) `Operations management', in Leask, A. and Yeoman, I. (Eds) Heritage Visitor Attractions: An Operations Management Perspective, Continuum Press, London. 5. Cross, ref. 3. 6. Ibid. 7. Huyton, J. and Peters, S. (2001) `Yield management in the hotel industry', in Ingold, A., McMahon-Beattie, U. and Yeoman, I. (Eds) Yield Management: Strategies for the Service Industries, Continuum Press, London. 8. Hoseason, J. and Johns, N. (1998) `The numbers game: The role of yield management in the tour operations industry', Progress in Tourism and Hospitality Research, Vol. 4, No. 3, pp. 197±206. 9. Ingold, A. and Huyton, J. (2001) `Yield management and the airline industry', in Ingold et al., ref. 7. 10. Hood, I. S. A. (2001) `Merlin: Model to evaluate revenue and loadings for intercity', in Ingold et al., ref. 7. 11. Hoseason, J. (2001) `Capacity management in the cruise industry', in Ingold et al., ref. 7. 12. Barlow, G. (2001) `Capacity management in the football industry', in Ingold et al., ref. 7. Price, capacity, inventory and the leisure user Yeoman, McMahon-Beattie and Sutherland # HENRY STEWART PUBLICATIONS 1471-549X J o urnal of Le i sure Proper 3 1 6 t y VO L . 1 N O. 4 P P 3 0 6 – 3 1 7 13. Kimes, S. (2001) `A strategic approach to yield management', in Ingold et al., ref. 7. 14. Kimes, S. (1989) `Yield management: A tool for capacity constrained {\circledR}rms', Journal of Operations Management, Vol. 8, No. 4, pp. 348±368. 15. Donaghy, K., McMahon-Beattie, U., Yeoman, I. and Ingold, A. (1998) `The realism of yield management', Progress in Tourism and Hospitality Research, Vol. 4, No. 3, pp. 187±196. 16. Ibid. 17. Kimes, ref. 13. 18. Ibid. 19. Cross, ref. 3. 20. Edgar, D. (2001) `Economic theory of pricing for the hospitality and tourism industry', in Ingold et al., ref. 7. 21. Cross, ref. 3. 22. Leask, A. and Yeoman, I. (1999) `The development of core concepts of yield management', International Journal of Heritage Studies, Vol. 5, No. 2, pp. 96±110. 23. Edgar, ref. 20. 24. Kimes, ref. 13. 25. Barlow, ref. 12. 26. Leask and Yeoman, ref. 22. 27. Ingold and Huyton, ref. 9. 28. Huyton and Peters, ref. 7. 29. Ingold and Huyton, ref. 9. 30. Kimes, ref. 13. 31. Barlow, ref. 12. 32. Boella, M. (2001) `Legal aspects', in Ingold et al., ref. 7. 33. Sparrow, J. (1998) Knowledge in Organisations, Sage, London. 34. Russell, K. (1997) `Expert systems', in Yeoman, I. and Ingold, A. (Eds) Yield Management: Strategies for the Service Industries, Cassell Publications, London. 35. Donaghy et al., ref. 15. 36. Barlow, ref. 12. 37. Donaghy et al., ref. 15. 38. Edgar, ref. 20. 39. Donaghy et al., ref. 15. 40. Kimes, S. (1994) `Perceived fairness of yield management', Cornell Hotel and Restaurant Administration Quarterly, Vol. 1, No. 2, pp. 156±166. 41. Yeoman, I. and Ingold, A. (2001) `Decision making', in Ingold et al., ref. 7. 42. Donaghy et al., ref. 15. 43. Orkin, E. (1990) Yield Management, Educational Institute of American Hotel and Motel Association, Orlando. 44. Yeoman, I. and Watson, S. (1997) `Yield management: A human activity system', International Journal of Contemporary Hospitality Management, Vol. 9, No. 2, pp. 80±83. 45. Raeside, R. and Windle, R. (2001) `Quantitative aspects of yield management', in Ingold et al., ref. 7. 46. Cross, ref. 3. 47. Ibid. 48. Ibid. 49. Yeoman and Ingold, ref. 40. 50. Cross, ref. 3. 51. Raeside and Windle, ref. 45. 52. Yeoman and Watson, ref. 44. Leisure revenue management #",
year = "2001",
doi = "10.1057/palgrave.rlp.5090129",
language = "English",
volume = "1",
pages = "306--317",
number = "4",

}

Leisure Revenue Management. / Yeoman, I; McMahon-Beattie, U.

Vol. 1, No. 4, 2001, p. 306-317.

Research output: Contribution to journalArticle

TY - JOUR

T1 - Leisure Revenue Management

AU - Yeoman, I

AU - McMahon-Beattie, U

N1 - Reference text: 1. Grainger-Jones, B. (1999) Managing Leisure, Butterworth-Heinemann, London. 2. Ibid. 3. Cross, R. (1997) Revenue Management, Orion Publications, London. 4. Sharples, E., Yeoman, I. and Leask, A. (1999) `Operations management', in Leask, A. and Yeoman, I. (Eds) Heritage Visitor Attractions: An Operations Management Perspective, Continuum Press, London. 5. Cross, ref. 3. 6. Ibid. 7. Huyton, J. and Peters, S. (2001) `Yield management in the hotel industry', in Ingold, A., McMahon-Beattie, U. and Yeoman, I. (Eds) Yield Management: Strategies for the Service Industries, Continuum Press, London. 8. Hoseason, J. and Johns, N. (1998) `The numbers game: The role of yield management in the tour operations industry', Progress in Tourism and Hospitality Research, Vol. 4, No. 3, pp. 197±206. 9. Ingold, A. and Huyton, J. (2001) `Yield management and the airline industry', in Ingold et al., ref. 7. 10. Hood, I. S. A. (2001) `Merlin: Model to evaluate revenue and loadings for intercity', in Ingold et al., ref. 7. 11. Hoseason, J. (2001) `Capacity management in the cruise industry', in Ingold et al., ref. 7. 12. Barlow, G. (2001) `Capacity management in the football industry', in Ingold et al., ref. 7. Price, capacity, inventory and the leisure user Yeoman, McMahon-Beattie and Sutherland # HENRY STEWART PUBLICATIONS 1471-549X J o urnal of Le i sure Proper 3 1 6 t y VO L . 1 N O. 4 P P 3 0 6 – 3 1 7 13. Kimes, S. (2001) `A strategic approach to yield management', in Ingold et al., ref. 7. 14. Kimes, S. (1989) `Yield management: A tool for capacity constrained ®rms', Journal of Operations Management, Vol. 8, No. 4, pp. 348±368. 15. Donaghy, K., McMahon-Beattie, U., Yeoman, I. and Ingold, A. (1998) `The realism of yield management', Progress in Tourism and Hospitality Research, Vol. 4, No. 3, pp. 187±196. 16. Ibid. 17. Kimes, ref. 13. 18. Ibid. 19. Cross, ref. 3. 20. Edgar, D. (2001) `Economic theory of pricing for the hospitality and tourism industry', in Ingold et al., ref. 7. 21. Cross, ref. 3. 22. Leask, A. and Yeoman, I. (1999) `The development of core concepts of yield management', International Journal of Heritage Studies, Vol. 5, No. 2, pp. 96±110. 23. Edgar, ref. 20. 24. Kimes, ref. 13. 25. Barlow, ref. 12. 26. Leask and Yeoman, ref. 22. 27. Ingold and Huyton, ref. 9. 28. Huyton and Peters, ref. 7. 29. Ingold and Huyton, ref. 9. 30. Kimes, ref. 13. 31. Barlow, ref. 12. 32. Boella, M. (2001) `Legal aspects', in Ingold et al., ref. 7. 33. Sparrow, J. (1998) Knowledge in Organisations, Sage, London. 34. Russell, K. (1997) `Expert systems', in Yeoman, I. and Ingold, A. (Eds) Yield Management: Strategies for the Service Industries, Cassell Publications, London. 35. Donaghy et al., ref. 15. 36. Barlow, ref. 12. 37. Donaghy et al., ref. 15. 38. Edgar, ref. 20. 39. Donaghy et al., ref. 15. 40. Kimes, S. (1994) `Perceived fairness of yield management', Cornell Hotel and Restaurant Administration Quarterly, Vol. 1, No. 2, pp. 156±166. 41. Yeoman, I. and Ingold, A. (2001) `Decision making', in Ingold et al., ref. 7. 42. Donaghy et al., ref. 15. 43. Orkin, E. (1990) Yield Management, Educational Institute of American Hotel and Motel Association, Orlando. 44. Yeoman, I. and Watson, S. (1997) `Yield management: A human activity system', International Journal of Contemporary Hospitality Management, Vol. 9, No. 2, pp. 80±83. 45. Raeside, R. and Windle, R. (2001) `Quantitative aspects of yield management', in Ingold et al., ref. 7. 46. Cross, ref. 3. 47. Ibid. 48. Ibid. 49. Yeoman and Ingold, ref. 40. 50. Cross, ref. 3. 51. Raeside and Windle, ref. 45. 52. Yeoman and Watson, ref. 44. Leisure revenue management #

PY - 2001

Y1 - 2001

N2 - Leisure revenue management (RM or yield management) marries theissues of supply, demand and price, when the organisation isconstrained by capacity. By using ‘time’ as the unit of inventory, theauthors explore a typology of the characteristics of RM that pertainto the leisure experience, and set out to explain the process of RMthrough a holistic model which brings benefits to managing leisureproperties and events.

AB - Leisure revenue management (RM or yield management) marries theissues of supply, demand and price, when the organisation isconstrained by capacity. By using ‘time’ as the unit of inventory, theauthors explore a typology of the characteristics of RM that pertainto the leisure experience, and set out to explain the process of RMthrough a holistic model which brings benefits to managing leisureproperties and events.

U2 - 10.1057/palgrave.rlp.5090129

DO - 10.1057/palgrave.rlp.5090129

M3 - Article

VL - 1

SP - 306

EP - 317

IS - 4

ER -