Remove Consumer Remove Sales Remove Yield Management
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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.

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Intellisoftware Join Forces with the Australian Revenue Management Association (ARMA) in Major Strategic Partnership 

Hotel Management

Intellisoftware will also gain a seat on ARMA’s Skills Council to provide input for ARMA’s nationally recognised and accredited VET qualification in revenue and yield management launching this year. Melissa Kalan ARMA CEO, sharing her insights on the partnership stated, “This collaboration marks a significant milestone for us.

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Silavadee Pool Spa Resort Samui increases bookings by 60% with SiteMinder’s platform

SiteMinder

Prapinporn Phanchakorn (Assistant Director Of Sales ) said: “We prioritise every guest’s preferred stay period, season, or time of day by expanding our contact channels to cater to all types of visitors. With SiteMinder , the Resort has successfully diversified their sales platforms, even with the same number of hotel employees.

Resorts 98
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Marketing for Hospitality and Tourism – Your 2024 Guide

MediaBoom

Unsurprisingly, 97 percent of today’s consumers report learning about local businesses online. Your content should be quickly and voraciously consumed by your audience, leaving them wanting more. Learn the secrets to driving more traffic to your luxury website, generating more leads, and ultimately increasing sales.

Tourism 105
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A history lesson in revenue management and the top challenge facing today’s hotels

SiteMinder

The exact genesis of yield management (now revenue management) in the hospitality sector is hotly debated,” says Stuart-Hill. Laila Rach titled Portrait of Revenue Management Leadership found 65% of revenue practitioners had titles such as ‘vice president’ or ‘senior vice president’. You need to have specialists.

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What is a hotel reservation system and why is it important?

Cloudbeds

If the components aren’t integrated, the revenue manager must perform these tasks manually, a time-consuming and error-prone process. A hotel reservation system is the central hub where reservation information is stored from all booking channels, whether by phone, OTA, GDS, sales department, or online booking engine.

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How Sidus Galaxy Resort & Spa Achieved Remarkable Growth with eZee’s Hotel Management Solutions

eZee Absolute

Foremost among these challenges was the absence of an integrated booking system and hotel management system. This not only made day-to-day operations more complex and time-consuming but also limited the resort’s ability to scale its business effectively. They’re available 24*7 to help you out”.

Resorts 52