SiteMinder
JUNE 12, 2024
Learn more Yield management vs revenue management The goal of yield management is not merely to increase room rates or occupancy; rather, it’s to maximise your hotel’s revenue by forecasting your room supply and demand across a variety of key factors. This strategy aids in forecasting demand and resource planning.
Xotels
APRIL 3, 2024
Following best practices and a well-thought-out strategy is the only way to unlock the full potential of revenue for your hotel , with benefits including: Claim your fair market share: with more hotels forecasted to open every year , gaining a fair market share will become more difficul t each year.
SiteMinder
DECEMBER 7, 2023
It pays to obsess over long-range weather forecasts too. Create flexible restrictions Implementing flexible restrictions on bookings, such as minimum stay requirements, advance booking limitations, or closed-to-arrival (CTA) days, is simplified through software.
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