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Reevaluating the RevPASH Formula: Advancing Analytical Perspectives in Restaurant Revenue and Yield Management

Hospitality Net

Accurate measurement of performance indicators is essential for effective decision-making in restaurant operations, with revenue and yield management playing a crucial role. Kimes and Chase (1998), Kimes (1999) and Kimes et al.

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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. It involves adjusting prices based on predicted demand and other external factors to maximise revenue or yield. A similar principle can apply to distribution.

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Benefits of Yield Management in the Hotel Industry

Inn Quest

Anyone who has worked in the hospitality industry for a few years would enthusiastically attest to the importance of yield management in hotels, particularly in hotel revenue management. Furthermore, we will provide examples of successful yield management strategies and offer tips on how to implement them in your hotel.

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Revenue growth management in food service: What you should think about

eHotelier

By combining modern technology with an analytical mindset, you can refine your operations, target high-performing markets, and realign your offering with consumer demands to achieve sustained revenue growth.

Revenue 111
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Hanging Gardens of Bali maximises sales and improves channel management with SiteMinder

SiteMinder

The accommodation, with more than 17 years in operation, is one of the most sought-after places worldwide, and has held the title of “World’s First Seven Star Boutique Hotel”. He also added that SiteMinder’s features allowed for improved yield management , which resulted in an increase of average daily rate (ADR) for the property.

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Capstone Hotel Management celebrates 10 years of growth, looks to scale further with SiteMinder

SiteMinder

In September, the group took management of Marlborough Sounds’ 42-room Portage Resort and will be operating the anticipated Soho Hotel Auckland from December. Our main job is to maximise our properties from a yield management and revenue generation perspective, and having the best possible technology is what allows us to achieve that.

Scale 105
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Select-service hotels aren’t always given revenue-management focus

Hotel Business

by Blake Madril Profit optimization has proven itself to be one of the powerful differentiators in the hospitality industry, but many success stories tend not to feature limited- and select-service hotels. Despite this, the user base for this technology among select-service operators continues to increase dramatically.