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Here we are in December, the month that wraps up the year and leaves us happy to participate in holiday festivities. One of our greatest joys of this season is the opportunity to say thank you. As our gift for the end of the year, here are some of the most interesting reads of these last weeks: Hodinkee - Rolex Launch 'Rolex.org' Website Reuters - Nadal to join Roger Federer in 2019 Laver Cup   CBC - Boeing buys 80% of Embraer's commercial aircraft operations for CAD$4.2B SportsPro - IOC and Alibaba launch first Olympic online store on Tmall FHH Journal - SIHH and Baselworld to coordinate their dates from 2020   The Consultancy Group team wishes you a strategically innovative 2019, and don't forget to hit the Subscribe button to be notified of our new article! 

How basic Revenue Management can help level up your business — by Thibault Catala Have you ever heard of revenue management? Well, if you are working in the hospitality or airlines industry most probably yes. However, if this is the first time you hear of it, that’s your lucky day!   To summarize what revenue management is about: it is a technique to optimize revenue from a fixed, but perishable inventory. Its main challenge is to sell the right products to the right customers at the right time for the right price and via the right distribution channel (that’s a lot of “rights”, right?) It has been launched in the airline's industry in the 1980s and step-by-step was introduced in the hotel industry. Today, revenue management is a common practice in these two industries and is now extended towards other fields such as Retail, Food & Beverage and a lot of other industries. Have you ever wondered why the price changes when you look for a flight tic