Cancellation Upsell Yield Management 
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.
Cloudbeds
FEBRUARY 28, 2024
When travelers book on your website, you can upsell them to premium rooms and cross-sell onsite services and add-ons like breakfast, dining, spa, and recreation. When travelers book through your website, they can make changes or cancel directly with your property, giving them peace of mind. Manage rates and availability in real-time.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Xotels
APRIL 3, 2024
Key factors considered in market segmentation include length of stay , day-of-week stays, total revenue per room , total revenue per client, booking lead time, cancellation percentage, and no-show ratio. The graph considers cancellations and identifies peak or slow booking days.
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.
Cloudbeds
JULY 15, 2023
And even then, manually-managed distribution is risky: any delays in updating rates and availability on a channel’s extranet could mean selling a room that isn’t available or selling at a lower rate, which can lead to overbooking and sub-optimal yield management. The same happens with a cancellation. What’s allotment ?
Expert insights. Personalized for you.
98 
Let's personalize your content