Pricing strategies and Yeld management
With accommodation businesses, any room left unsold is lost revenue. Knowing that guests will pay different prices for the same thing, depending on a variety of factors, the hotelier’s prerogative is not to sell the room at all cost but to use the yield and revenue management techniques to make the most of the existing inventory.
We can help you define and apply yield and revenue management techniques to your business. With the right pricing strategies and implemented sales techniques, we’ll help you maximise your revenue and occupancy.