SiteMinder

JUNE 12, 2024

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.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

SiteMinder

MAY 21, 2023

The remarkable service and awe-inspiring ocean views leave a lasting impression on both local and global travellers, making it a coveted destination on their must-visit lists. Although the target market has since changed, what remains constant is the hotel’s standards and work ethic.

Resorts 98

Resorts Overbooking Yield Management OTA 98

MediaBoom

AUGUST 1, 2024

How do you make marketing for hospitality and tourism successful? Hospitality and tourism marketing is the strategic process of creating demand and building a strong brand for products and services within the travel industry. You can ensure you target the right keywords in your ads.

Tourism 95

Tourism Market Marketing Hospitality 95

SiteMinder

OCTOBER 10, 2023

Cost-based pricing is a pricing method where the selling price of a product or service is determined by adding a markup to the unit cost or, in the case of hotels, the cost of keeping a room available and maintained for use. Are they offering lower rates, packages, or value-added services that could sway potential guests?

Target Marketing 59

Target Marketing Revenue Yield Management Marketing 59

Xotels

APRIL 3, 2024

Mix of business and leisure amenities and services (see how to target the bleisure market ). Have both on and- offline marketing/sales content available to entice group stays. Revenue management should lead the pricing strategy to ensure the best offer goes out to the booker.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Hotelogix

AUGUST 27, 2024

Target Different Travelers: Each channel brings in different types of guests, helping hotels reach more people. Get Useful Data: Channels give hotels information they can use to improve their services. This partnership is especially beneficial for boutique and luxury hotels, where personalized service is a key selling point.

Global Distribution System 52

Global Distribution System OTA Revenue Hotels 52

Xotels

APRIL 3, 2024

Mix of business and leisure amenities and services (see how to target the bleisure market ). Have both on and- offline marketing/sales content available to entice group stays. Revenue management should lead the pricing strategy to ensure the best offer goes out to the booker.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40