Blog by Rikki Cavanagh

When offering a service, it is very common to be asked to provide an estimated return on investment. Oftentimes we will estimate based on industry standards, for example, revenue management systems are said to have an ROI between 5% and 20%. However, given the volatility in recent years, it is diffi...

When we consider the uses of artificial intelligence in hotels, the first thing that comes to mind is AI in pricing through revenue management systems. Computers can ingest millions of data points, analyze them and act on them 24 hours a day. But if we go back to the basics, Artificial Intelligence ...

New integration with Oracle OPERA Cloud Platform makes it nearly seamless to optimize hotel rates in real time using Rate Yield’s automated revenue management software.

MONTREAL, Aug. 08, 2023 – Horizon Yield Solutions, a leading provider of Rate Yield RMS and a member of Oracle PartnerNetw...

Rate Yield RMS Launches Cloud Version, Empowering Hotels with Greater Flexibility and Efficiency in Revenue Management  

Montreal, Quebec, Canada June 21, 2023 - Rate Yield, a leading provider of revenue management software solutions for the hospitality industry, has announced the launch of...

I love to travel. Over the years I have travelled on my own for business, with friends, with my husband, and with my family.  In each of those instances, my travel plans started with what I needed most to make my travel comfortable in keeping with my budget. 

When traveling for business, I ...

The idea of a competitive set is not new to the hotel industry. A quick Google search will result in hundreds of definitions and step-by-step guides with a very similar train of thought: look at the quality of the hotel (star rating & reviews), the location, and the facilities (including meeting...

Every hotel faces challenges. Whether it be difficulty finding and retaining staff, low demand periods due to seasonality, group wash or managing the business mix, hotel management can be an uphill battle. But small hotels located in large cities face unique challenges as well. Low demand hits harde...