SiteMinder

JUNE 12, 2024

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. A similar principle can apply to distribution.

Yield Management 98

Yield Management Management Revenue Management Revenue 98

Hotel Operations

SEPTEMBER 30, 2024

The owner and manager of this boutique hotel in Saratoga Springs, New York, responded to this challenge with an innovative compensation approach: dynamic pay. Inspired by yield management principles, this strategy has proven to be a game-changer for staffing issues.

Yield Management 52

Yield Management Hotels Management General Manager 52

SiteMinder

APRIL 25, 2024

The exact genesis of yield management (now revenue management) in the hospitality sector is hotly debated,” says Stuart-Hill. Old-school leaders may not fully understand revenue management, but it’s not their fault. As revenue management gets explored more, the talent shortfall will get worse.

Revenue Management 111

Revenue Management Revenue Management Hotels 111

SiteMinder

DECEMBER 20, 2023

While it is capable of generating predictive analysis, such as yield management reports that forecast demand and guide rate adjustments, some users say that these reports don’t convert well to Excel. Benjamas Kitsaengklai, Assistant General Manager Ping Nakara Boutique Hotel and Spa Read more

OTA 59

OTA Management Yield Management Business 59

SiteMinder

NOVEMBER 24, 2023

Take a glimpse of SiteMinder reviews on GetApp: “ Smart software.” – General manager of 4-star hotel apartments in Italy Pros: Easy to use software with smart performances. I highly recommend it for the revenue manager and general manager of small to mid sized properties. Great technical support.

Revenue 52

Revenue Revenue Management Management General Manager 52