Remove Average Length of Stay Remove General Manager Remove Revenue 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. Revenue management is the focal point for hotels in today’s climate.

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What is a booking engine? How to increase profitability and direct bookings

Cloudbeds

Their ZERO Box Lodge is the most popular offering, inspired by Japanese capsule hotels where guests stay in minimalistic wooden boxes equipped with a private bathroom in a shared dorm. Integrated booking engines come equipped with in-depth reporting capabilities since data is centralized from your PMS and channel manager.

OTA 98
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Hotel forecasting: Methods for small hotels

Little Hotelier

Three of the most common hotel forecasting methods include: Revenue management forecasting: Used to predict future demand. These forecasts allow you to implement revenue optimisation strategies based on anticipated occupancy. Understand exactly when peak and low periods occur throughout the year.