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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. For hotels, the ultimate aim of yield management is to increase revenue by leveraging the balance between supply (available rooms) and demand (guest bookings).

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

Cloudbeds

Today, lodging operators can choose an integrated booking engine that seamlessly collects and sends reservation details and payment information to their property management system (PMS), channel manager, payment gateway, and more. Transparency. First impressions matter. Intelligent pricing. Multi-property functionality.

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