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...
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There are quite a few lessons you get when you move out of your parents' house, but as a Canadian, one of the most important is to never buy anything at full price from Canadian Tire. The iconic store offers the best deals on tools, tires, skates and blenders available, and if the item you are looki...
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...
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...