Remove Closed To Arrival Remove Sales Remove Yield Management
article thumbnail

What is Yield Management: Guide for Hotels

SiteMinder

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. A similar principle can apply to distribution.

article thumbnail

Hotel Revenue Management Strategies

Xotels

Without a healthy distribution mix including a strong website and direct sales, you can forget about your profit margins. Understand your Hotel“s Market The success of your revenue management strategy depends on how well you understand your market. Have both on and- offline marketing/sales content available to entice group stays.

article thumbnail

Top Revenue Management Strategies for Hotels

Xotels

Without a healthy distribution mix including a strong website and direct sales, you can forget about your profit margins. Understand your Hotels Market The success of your revenue management strategy depends on how well you understand your market. Have both on and- offline marketing/sales content available to entice group stays.