The Yield Management consists in maximizing the turnover or the margin generated, mainly by playing on the combination of price variables and occupancy rates (capacity, show places, etc...) with the help of a differentiated and dynamic pricing policy. The lowest prices are often offered for bookings made well in advance or on the contrary at the last minute. To help you with your revenue management project,you can count on the expertiseof theArenametrix.

We propose here our collaboration with Grevin Museum. The main idea behind the introduction of a ticketing system for the Revenue Management system for the museum was to limit its losses by offering tickets at a price below the public's willingness to pay. The system was to provide recommendations for expanding the museum's opportunities by generating new income.