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What is YieldManagement? Yieldmanagement is a pricing and revenuemanagement 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.
With every passing year, revenuemanagement is playing a more central role at hotels as they navigate a landscape now locked in a permanent state of change. The exact genesis of yieldmanagement (now revenuemanagement) in the hospitality sector is hotly debated,” says Stuart-Hill. “The
With the title, “Our Growth Has Been Inseparable from SiteMinder’s Support”, the revenuemanager of a US-based 500+ room resort writes this comprehensive SiteMinder review: “The remarkable ease of use for the booking engine, channel manager and metasearch, and the swift issue resolution make my experience with this system highly satisfying.
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