Inn Quest

APRIL 5, 2023

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. Furthermore, we will provide examples of successful yield management strategies and offer tips on how to implement them in your hotel.

Yield Management 88

Yield Management Management Occupancy Revenue 88

SiteMinder

JANUARY 30, 2023

He also added that SiteMinder’s features allowed for improved yield management , which resulted in an increase of average daily rate (ADR) for the property. Thanks Besral and keep up the great work at The Hanging Gardens of Bali!

Average Daily Rate 98

Average Daily Rate Global Distribution System Management Sales 98

Catala Consulting

JULY 30, 2023

Resort revenue management has become an indispensable tool for businesses, fostering strategies that maximize yield and build strong customer relationships. The Cornerstones of Resort Revenue Management Resort revenue management , interchangeably used with yield management, revolves around a strategic pricing approach.

Revenue Management 52

Revenue Management Revenue Resorts Management 52

SiteMinder

NOVEMBER 14, 2023

Use this data to continually refine your communication strategy and improve your yield management methodology. Features of the Hostelworld extranet The Hostelworld extranet is a comprehensive platform packed with features tailored to augment the management capabilities of hoteliers.

Revenue 52

Revenue Yield Management Management Overbooking 52

SiteMinder

MAY 21, 2023

Silavadee Pool Spa Resort emphasises that “since implementing SiteMinder, we have experienced a significant increase in online bookings, up to 60%, through effective yield management strategies based on market trends. This has minimised revenue loss from vacant rooms while maximising our occupancy rates.”

Resorts 97

Resorts Overbooking Yield Management OTA 97

Xotels

APRIL 3, 2024

Inventory Management & Overbooking When looking to maximise profits, having room availability data at your fingertips can give a hotel a competitive advantage, and optimise prices according the hotel inventory you have left on the books.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Cloudbeds

FEBRUARY 28, 2024

With a channel manager integrated with your reservation system, you can simultaneously update pricing and availability on all booking channels. This will help you increase occupancy, maintain rate parity, and prevent pricing errors, overbookings, and lost sales. Automate your credit card payment processing.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98