Changing PMS? Here is how Rate Yield can help!

Rikki Cavanagh
08.12.2024 04:43 PM Comment(s)

Changing Property Management Systems is a large undertaking for any hotel. It requires cooperation from different stakeholders internally and externally and if something isn’t done correctly it can have a huge impact on the bottom line.

With the shift from server-based softwares to cloud-based softwares, and the acquisition and consolidation in the market, many hoteliers are now faced with the daunting task of making the switch. 

As a partner, Rate Yield does what it can to facilitate the transition of the RMS from one PMS to the other. Whether your hotel is already using Rate Yield as an RMS or considering investing in the software, here are some ways we can make the PMS switch easier for you.


  1. Historical Data (pace and actuals)


Rate Yield imports up to 3 years of historical data when we build a new integration. We have also developed a database in which we are able to store the day by day pace for the last year. This means that without having historical trends in your PMS, you would be able to monitor your pace in relation to Same Time Last Year through Rate Yield.


  1. Separating the Work into Smaller Projects


Completing the pre-onboarding paperwork and documentation for a new PMS can be extremely time intensive. By working with Rate Yield prior to undergoing this change, you will have already completed the implementation of your strategies for rate optimization. With this in effect, you would not have to set any rates in your PMS as Rate Yield would be able to push rates directly by API and in line with your hotel’s goals.


  1. No hidden fees or tricks


The Rate Yield team is here to help you! We know that this process is going to bring a lot of stress and we believe that your RMS shouldn’t add to that. As such, we do not charge any additional fees for creating your new connection to the new PMS. 


Contact our sales team today to see if Rate Yield can help make your transition smoother.


Rikki Cavanagh