Remove Average Length of Stay Remove Market Research Remove Revenue Management
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What is Yield Management: Guide for Hotels

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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.

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Hotel industry statistics: Guide for hotels

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Online travel agencies make up the top two revenue generating positions in 79% of major destinations. Airbnb is quickly becoming a mainstay for hotels who want to drive additional revenue. The average booking lead time for hotels is 29.7 The average length of stay is 1.93