SiteMinder

JUNE 12, 2024

What is Yield Management? Yield management is a pricing and revenue management strategy that is used to maximise business performance. It involves adjusting prices based on predicted demand and other external factors to maximise revenue or yield. Revenue management is the focal point for hotels in today’s climate.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Little Hotelier

NOVEMBER 6, 2023

What is hotel revenue optimisation? As a small, independent hotelier you may have heard the terms hotel revenue optimisation and hotel revenue management. So what is revenue optimisation? All remaining rooms are just icing on the cake, so you can then focus on selling them at elevated rates.

Revenue 59

Revenue Average Length of Stay Average Daily Rate Hotels 59

Cloudbeds

SEPTEMBER 18, 2024

This data can then be used to make changes to improve revenue management, occupancy, guest experience, and operational efficiency. Guest loyalty can be measured using metrics like stay frequency, average guest spend, and customer lifetime value (CLV). Revenue management KPIs. Food & beverage KPIs.

Operations 40

Operations Revenue Management Occupancy Revenue 40