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

SiteMinder

MAY 21, 2023

Silavadee Pool Spa Resort Samui, a renowned 5-star establishment with over 14 years of operation, is nestled on the tranquil Lamai Beach in Surat Thani, Koh Samui. Although the target market has since changed, what remains constant is the hotel’s standards and work ethic.

Resorts 98

Resorts Overbooking Yield Management OTA 98

SiteMinder

OCTOBER 10, 2023

For hoteliers, understanding cost-based pricing as a method for hotel pricing is crucial for setting room rates that not only cover the costs of operations but also provide a healthy profit margin. Customer perception – Gauge how price changes are perceived by your target market.

Target Marketing 59

Target Marketing Revenue Yield Management Market 59

Xotels

APRIL 3, 2024

Each hotel must customise its segmentation strategy based on its market, property, and revenue management goals. Demand Calendar The demand calendar is a tool that helps to make informed pricing strategies in hotel revenue management. Revenue management starts by analysing the market and competition.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Hotelogix

AUGUST 27, 2024

Wholesalers- Wholesalers buy room inventory from hotels in bulk and sell it to travel agents or tour operators. This helps your hotel reach different market segments and ensures a steady flow of bookings, often at discounted rates. 

Global Distribution System 52

Global Distribution System OTA Revenue Hotels 52