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

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

Resorts Overbooking Yield Management OTA 98

MediaBoom

AUGUST 1, 2024

What makes apps and mobile marketing and advertising so advantageous is that it’s yet another touchpoint you can use to connect with your target market. Data Analytics and Customer Insights How did your hospitality and tourism marketing campaign perform? This flexible pricing model varies according to market conditions.

Tourism 94

Tourism Market Marketing Hospitality 94

SiteMinder

OCTOBER 10, 2023

Learn more Key factors to consider when implementing the cost-based pricing method Implementing cost-based pricing requires a thorough understanding of various factors that could impact the effectiveness of this pricing strategy, as well as a mastery of yield management.

Target Marketing 59

Target Marketing Revenue Yield Management Marketing 59

Xotels

APRIL 3, 2024

Revenue management starts by analysing the market and competition. This should include your revenue goals, target markets and customers, distribution channels, promotions (flash sales, offers, etc.), Once the status quo is understood, goals and objectives should be defined to have a clear guideline for going forward.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Hotelogix

AUGUST 27, 2024

Utilize revenue management systems and tools to make data-driven pricing decisions and maximize revenue potential.    Yield Management: Apply yield management principles to allocate room inventory across different distribution channels strategically.

Global Distribution System 52

Global Distribution System OTA Revenue Hotels 52

Xotels

APRIL 3, 2024

Revenue management starts by analysing the market and competition. This should include your revenue goals, target markets and customers, distribution channels, promotions (flash sales, offers, etc.), Once the status quo is understood, goals and objectives should be defined to have a clear guideline for going forward.

Revenue Management 40

Revenue Management Revenue Management Ancillary Revenue 40