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Rate Yield Featured Features: March 2024

By Rikki Cavanagh

Our development team has been busy at Rate Yield! We are excited to announce product enhancements that have been made in recent months and are a testament to our unique value proposition! 


Market Place: 

  1. The competitive set is a crucial part of Rate Yield’s algorithm. As of March 2024, you c...

03.18.2024 12:09 PM - Comment(s)

Considerations for Selecting an RMS

By Rikki Cavanagh

Selecting a revenue management system for your hotel is not a simple choice to make. While it may not touch as many departments as a PMS, your RMS will set your hotel’s pricing and ultimately drive your profitability. Here are 5 things you may want to consider when selecting your RMS: 

  1. Automatio...

02.29.2024 04:03 PM - Comment(s)

The Most Revenue Optimized Place on Earth

By Rikki Cavanagh

Next week I am visiting Walt Disney World with my kids and their best friends. I’ve been dreaming of taking my kids to Disney since before I even met my husband, meanwhile he has never been and imagined that he’d take his children to Disney once for the trip of a lifetime. I managed to convince him ...

02.09.2024 02:11 PM - Comment(s)

The Importance of Willingness to Pay

By Rikki Cavanagh

The willingness to pay of consumers depends on their reason for travelling. Are they coming to your destination because it is a major tourist destination, a city with corporate demand or a conference center, or for a particular activity? Having worked with hotels in Mont-Tremblant briefly, I was cur...

02.01.2024 01:39 PM - Comment(s)
The Laundry Rooms: Success Story

The Laundry Rooms: Success Story

By Rikki Cavanagh

When the team at The Laundry Rooms selected Rate Yield as their RMS provider, I was very excited for a few reasons. For one, they would be our first properties in Ontario. They would also be our first Mews property to integrate Rate Yield. 

The Laundry Rooms offer an innovative approach to hospi...

01.17.2024 02:12 PM - Comment(s)