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Article - Rate Yield RMS Works with ITHQ to Enhance Revenue Management Education - By Rikki Cavanagh - The integration of this platform in university courses offer future industry leaders means to innovate, develop more strategic skills, and adapt to the dynamic and competitive landscape of the hospitality industry.
Article - Displacement Analysis: A Necessary Headache - By Rikki Cavanagh - 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 managers least favourite colleague. I brought in the business that had some of the lowest rates, the most wash and the most guest complaints.
Article - How Rate Yield Works - By Rikki Cavanagh - Rate Yield offers a unique approach to an RMS with a strong focus on current market dynamics and very little focus on the historical trends, given the volatility in recent years. This means pricing is more in line with consumer expectations when they are shopping.
Article - Rate Yield in Montreal: An ROI Analysis - By Rikki Cavanagh - 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 difficult to attribute growth in occupancy or ADR solely to an RMS. And since it is impossible to measure the success of an RMS in a vacuum, Rate Yield has studied the performance of their clients in Montreal as a weighted average ag...
Article - Rate Yield RMS Now Available on Oracle Cloud Marketplace - New integration with Oracle OPERA Cloud Platform makes it nearly seamless to optimize hotel rates in real time using Rate Yields automated revenue management software.