Blog categorized as Product

When we think about revenue management, we often think of large cities, overbookings, big box hotels and a competitive marketplace. We don’t typically think of a 44-room inn located in a remote destination. However, Rate Yield sat down with their loyal client, Manoir Belle Plage, to discuss what the...

As any hospitality professional knows, there are 3 main key performance indicators in the hotel industry. 

1. Average Daily Rate (ADR) – the average price a hotel sells its rooms (calculated by dividing the revenue by the number of rooms sold)  

2. Occupancy Rate – the percentage of rooms in ...

Montreal (Quebec), November 13, 2023 – Renowned for its cutting-edge technology and industry expertise systems, Rate Yield RMS is proud to unveil its educational platform in revenue management with the Institut de tourisme et d'hôtellerie du Québec (ITHQ), whose students will use throughout their le...

My first job in a hotel was as a sales manager for tour groups, sports teams and wedding blocks. In other words, I was our revenue manager’s least favourite colleague. I brought in the business that had some of the lowest rates, the most wash and the most guest complaints. We would often argue over ...

I have two young boys, they are 4 and 1 years old. Every day I am amazed at what they are learning and how they are developing. My youngest, testing my boundaries, will throw his food on the floor repeatedly, and as long as I put it back on his tray, he’ll keep doing it. My oldest has a great memory...