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What is YieldManagement? Yieldmanagement 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.
He also added that SiteMinder’s features allowed for improved yieldmanagement , which resulted in an increase of averagedailyrate (ADR) for the property. Thanks Besral and keep up the great work at The Hanging Gardens of Bali!
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