Remove Closed To Arrival Remove General Manager Remove Revenue Management
article thumbnail

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.

article thumbnail

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

Cloudbeds

Travelers should have full transparency when looking at your booking engine’s calendar to see restrictions like length of stay, closed-to-arrival, and closed-to-departure so they can easily choose dates without running into errors. Transparency. First impressions matter. Intelligent pricing. Multi-property functionality.

OTA 98