Description should include the definition of revenue management and include the core concepts of

• forecasting
• pricing strategies 
• inventory management.

Teacher Resource:

What is revenue management?, ODYFOLIO

Process/Skill Questions:

• What is yield management, and what is the relationship between yield management and revenue management?
• How does one determine pricing structure?
• What is low season? What is high season? How does one capitalize on the seasonality of the location?
• What is meant by the right guest at the right time? The right price at the right length of stay?
• What is meant by not all business is good business?