As a company based out of Montreal, it is no wonder that we have the majority of our clients in the province of Quebec. For that reason, we look to the markets of Montreal and Quebec City to provide a proper sample of what Rate Yield clients can expect as an ROI.
Starting with Montreal, w...
I like to say that you have as many different competitive sets as you have clients. Most hotels think of their few comp sets, usually one to three predefined lists of hotels. I was so proud when I joined Rate Yield because we can set...
The owner of Mango Sunset BnB Inn at Lyman Kona Coffee Farms has been using Rate Yield for her other property in Quebec City for several years now and seeing great results. As such, it was only natural that we would want to try out Rate Yield on the 6-room property on the Big Island in Hawaii, and M...
L’Uni Appart Hôtel in Quebec City offers guests to the provincial capital with full-service apartments for short term rentals. With a unique product offering and limited historical data to use to determine pricing, Rate Yield was selected as the RMS because of the flexibility in determining pricing ...
Hotel Bonaparte, a gorgeous, 37-room boutique hotel in the heart of Old Montreal has been using Rate Yield since June 2023. In a market like Old Montreal, where a majority of the hotel offering are boutique, independent properties, competitive pricing and real-time market dynamics are crucial for ho...
Riôtel Percé, an 80-room hotel & suites located by the sea in Gaspésie has been using Rate Yield for revenue optimization since 2020. This seasonal property is open from May to October each year with the peak months being July and August when occupancy rates are above 90%.
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The three main KPIs for hotels are Average Daily Rate, Occupancy, and Revenue per Available Room. We talk about these until we are blue in the face. It’s typically assumed that everyone wants all three of these KPIs to be as high as possible. However, depen...
My first hotel job after graduating university was as a sales manager at an independent property. I worked on the tour & travel market as well as the SMERF market. After my contract had ended in that role, I moved on to work as a...
When was the last time you booked a hotel room? Did you book a flexible rate or a non-refundable? When was the last time you canceled a hotel reservation? How much notice did you give? Were you able to get refunded?
As a hotelier, there are a number of reasons why a non-refundable rate would be...
Each year during budget season hoteliers try to predict what the future holds and anticipate what expenses they will incur to hit revenue and profit targets. With so much uncertainty, there is one thing that you can count on: an RMS is a strategic investmen...
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