Blog

I was at an event last week hosted by the Greater Montreal Hotel Association where we had the pleasure of hearing Jean Laneville, director and economist at the center of business intelligence for the Tourism Industry Alliance of Quebec, speak about forecasting 2025. As with the rest of the world, no...

            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...

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...

        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...