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At our core, Rate Yield is designed for revenue managers who enjoy revenue management. Our hope is to provide tools to automate the redundant tasks without removing control or strategic problem solving from the people who know their market, hotel and culture most. Our algorithm development was the first step in this mission. Hoteliers work with us to design the inputs for their rate strategy so they can feel confident letting the machine take over with optimizations throughout the day.
Our newest feature to enable hoteliers are our Smart Restrictions. With this new feature hoteliers can set restrictions that will be put in place in the future and removed automatically based on conditions they’ve set themselves. Here are some examples of how our clients are already using this feature:
You want to put a minimum stay of 2 nights on a Saturday night to maximize your weekend bookings, but one week before arrival you’d like to release the restriction to be sure you don’t miss out on any demand for just one night. The Auto-release feature can be set to 7 days prior to arrival, or any other period you’d prefer.
You want to build up base in advance, but once you hit a certain occupancy threshold, you’d rather book for longer lengths of stay. By setting an occupancy filter, you can determine that at that threshold the restriction will automatically go into effect.
You have a lot of walk-ins and you want to protect rooms for them. You can set an occupancy threshold that will trigger a property close out to ensure you have rooms available for those who are simply driving by.
We are excited to offer this feature to hotels using Maestro, Opera, Mews, StayNTouch, Infor, Cloudbeds and IQware property management systems. Reach out today if you’d like to see how Smart Restrictions can empower you to implement your strategies without setting one thousand reminders
About Rate Yield
Rate Yield was created in 2019 by seasoned Revenue Management consultants with over 30 years of experience within the field. Rate Yield RMS was designed to adapt to small hotels, inns, resorts as well as large hotels in city centers. With settings and thresholds that can be modified against a hotel’s unique market trends, Rate Yield makes it more accessible than ever to implement AI in revenue management strategies. With real-time insights, agile strategy development, modules for budgets and forecasts, as well as a tool for displacement analyses, Rate Yield provides a complete software that will help your hotel to yield more revenue, period! To learn more, visit us at www.rateyield.com .
At our core, Rate Yield is designed for revenue managers who enjoy revenue management. Our hope is to provide tools to automate the redundant tasks without removing control or strategic problem solving from the people who know their market, hotel and culture most. Our algorithm development was the first step in this mission. Hoteliers work with us to design the inputs for their rate strategy so they can feel confident letting the machine take over with optimizations throughout the day.
Our newest feature to enable hoteliers are our Smart Restrictions. With this new feature hoteliers can set restrictions that will be put in place in the future and removed automatically based on conditions they’ve set themselves. Here are some examples of how our clients are already using this feature:
You want to put a minimum stay of 2 nights on a Saturday night to maximize your weekend bookings, but one week before arrival you’d like to release the restriction to be sure you don’t miss out on any demand for just one night. The Auto-release feature can be set to 7 days prior to arrival, or any other period you’d prefer.
You want to build up base in advance, but once you hit a certain occupancy threshold, you’d rather book for longer lengths of stay. By setting an occupancy filter, you can determine that at that threshold the restriction will automatically go into effect.
You have a lot of walk-ins and you want to protect rooms for them. You can set an occupancy threshold that will trigger a property close out to ensure you have rooms available for those who are simply driving by.
We are excited to offer this feature to hotels using Maestro, Opera, Mews, StayNTouch, Infor, Cloudbeds and IQware property management systems. Reach out today if you’d like to see how Smart Restrictions can empower you to implement your strategies without setting one thousand reminders
About Rate Yield
Rate Yield was created in 2019 by seasoned Revenue Management consultants with over 30 years of experience within the field. Rate Yield RMS was designed to adapt to small hotels, inns, resorts as well as large hotels in city centers. With settings and thresholds that can be modified against a hotel’s unique market trends, Rate Yield makes it more accessible than ever to implement AI in revenue management strategies. With real-time insights, agile strategy development, modules for budgets and forecasts, as well as a tool for displacement analyses, Rate Yield provides a complete software that will help your hotel to yield more revenue, period! To learn more, visit us at www.rateyield.com .
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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