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Hotel rate management: Best software to use

SiteMinder

This strategy is crucial for enhancing both occupancy rates and the average daily rate (ADR), directly influencing the hotel’s financial performance. Table of contents Why does hotel rate management matter? Google produces 500 million results when asked ‘Is travel getting more expensive?’

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What is Yield Management: Guide for Hotels

SiteMinder

Distribution Management : Overseeing the various channels through which rooms are sold, such as direct bookings, online travel agencies (OTAs), or traditional travel agents. Pricing sensitivity Business travellers tend to be less price-sensitive than leisure travellers. in one day, week, or month.