SiteMinder

JUNE 12, 2024

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).

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Xotels

APRIL 3, 2024

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

SiteMinder

DECEMBER 7, 2023

What is hotel rate management? Hotel rate management is the process of strategically pricing rooms to attract guests while also maximising revenue. Table of contents Why does hotel rate management matter? Mastering the art of rate management is crucial for thriving (not just surviving) in an ever-competitive hotel landscape.

Management 59

Management Average Daily Rate Occupancy Revenue 59

Little Hotelier

OCTOBER 11, 2023

However, you may also be worried about managing the increased workload that awaits you. Closed to arrival You apply closed to arrival dates when you have very high demand, so you expect to reach maximum occupancy through stay overs as opposed to new arrivals.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

Cloudbeds

APRIL 8, 2024

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.

OTA 98

OTA Upsell Average Length of Stay Revenue 98