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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)

Year-Round Revenue Management for Seasonal Destinations

By Rikki Cavanagh

Throughout my career within the travel industry, I have learned a lot of things and have modified my own shopping behavior as a result. I’ve also become more aware of the mistakes some of my friends and family make when reserving accommodations for leisure travel. As an example, my best friend was b...

12.20.2023 10:14 AM - Comment(s)

Success Story: Manoir Belle Plage

By Rikki Cavanagh

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...

12.06.2023 02:26 PM - Comment(s)

Rate Yield Success Story: Montreal Luxury Properties

By Rikki Cavanagh

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)  

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

11.23.2023 01:27 PM - Comment(s)

Rate Yield RMS Works with ITHQ to Enhance Revenue Management Education 

By Rikki Cavanagh

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...

11.16.2023 10:38 AM - Comment(s)