Remove Forecasting Remove Hotels 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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Benefits of Yield Management in the Hotel Industry

Inn Quest

Anyone who has worked in the hospitality industry for a few years would enthusiastically attest to the importance of yield management in hotels, particularly in hotel revenue management. What is Yield Management? And that’s where yield management comes in.

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Designing a new era of intelligent revenue management

Hotel Business

With all the changes impacting hoteliers so quickly—the need for hotels to do more with less, continuing pressures on margins, the rapid rise of AI—it’s time for new paradigm in revenue management, one rooted in scientific rigor, data integration and interdisciplinary collaboration.

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Is My Hotel Room Pricing Logical?

STAAH

Setting the right price for a hotel room can be a straightforward task for some, yet complex for others. 50% Occupancy with One Group Booking Scenario: A 50-room hotel has sold 25 rooms to one group, reaching 50% occupancy. Forecast Accurately: Use forecasting to inform pricing, yield management , and channel management decisions.

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Top 10 Revenue Management Tools: The Ultimate Revenue Toolkit

Xotels

Let’s be honestrunning a hotel while managing its revenue at the same time is a balancing act. From making sure staff, guests, and smooth operations are all attended to, we can understand why revenue management so frequently gets put on the back burners. What Are Revenue Management Tools?

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Hotel Revenue Management Strategies

Xotels

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

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How to Really Make Money with a Hotel: Maximizing Hotel Profit

Xotels

You’ve got a hotel, right? Well, buckle up, because I’m about to spill the beans on how to squeeze every last penny out of your hotel venture. So, grab a cup of coffee, get comfortable, and let’s dive into the nitty-gritty of how to make your hotel a money-making machine. What is Yield Management, Really?