Remove Overbooking Remove Target Marketing Remove Yield Management
article thumbnail

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.

article thumbnail

Silavadee Pool Spa Resort Samui increases bookings by 60% with SiteMinder’s platform

SiteMinder

Although the target market has since changed, what remains constant is the hotel’s standards and work ethic. ” The benefits of PMS and channel manager integration To optimise operations, the hotel integrated SiteMinder’s channel manager with their PMS, enabling seamless and instant updates of booking information.

Resorts 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hotel Revenue Management Strategies

Xotels

Inventory Management & Overbooking When looking to maximise profits, having room availability data at your fingertips can give a hotel a competitive advantage, and optimise prices according the hotel inventory you have left on the books. Revenue management starts by analysing the market and competition.

article thumbnail

Hotel Distribution Channels- Types & Strategies to Optimize

Hotelogix

  Connectivity Solutions: Explore connectivity solutions that integrate your property management system PMS with distribution channels, ensuring seamless data flow and minimizing manual efforts. This enhances accuracy, and efficiency and reduces the risk of overbooking or discrepancies.