Airbnb – switch to a new connection
It is our pleasure to announce that YieldPlanet has received certification from Airbnb as data provider for channel manager, which takes our cooperation to another dimension.YieldPlanet’s customers can now benefit from full support from the partner’s...
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Property management system (PMS) and Channel Manager – the perfect duo
Digital revolution is gaining momentum and increasingly changes the landscape of the hotel industry. It enforces constant updating of both the business model, as well and the marketing and distribution strategies. Thankfully, increasingly advanced and...
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Ummarking inactive mappings in Booking.com
A new advance has been developed in YieldPlanet’s Channel Manager – automatic unmapping of inactive rooms and rate plans in Booking.com. This development results in faster distribution and decreased traffic to Booking.com due to not sending any data to...
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Price Optimizer Update 23.01.2019
Please find below the product updates that will go live on Thursday 24.01 - the first update in 2019.OverviewVirtual Rooms per seasonCorporate rates - Fixed prices in rate plansSaving display settings3 Day Pick-up based on real availability dataDynamic...
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YieldPlanet at FITUR 2019
This year we will be attending the most important International Tourism Fair that takes place in Spain, FITUR 2019. Our stand will be located in Hall 10 in the Fitur Know How & Export Area - STAND B17.This year our team has prepared surprises for all...
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YieldPlanet connects with Travelport Hotelzon
From now on, hoteliers can update their Travelgate extranet through YieldPlanet. Thanks to a partnership agreement between YieldPlanet and Hotelzone Travelport, hotels can increase profitability and drive commercial success across the business-to-business...
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Manage each channel separately with the new feature of Channel Manager
Revenue is what makes all the difference. Manage each channel separately. Battles over banning rate parity clauses used by OTAs worldwide have been hot topic for several years. There were winners, hostages and bloodshed during rate parity battles in the...
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The basic ingredients of the revenue management II
In the second article of the series devoted to hotel revenue management we will examine its main components. Segmentation The need for segmentation is a logical consequence of diversity among clients (business travel and tourists, individuals and groups, domestic or...
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5 revenue strategy hacks that you MUST implement during the Christmas holidays period
In this festive season hoteliers have to start doing everything they can to fill up the rooms of their properties. This is the moment to close the year with green numbers. What can be done in order to achieve this goal?Here are some revenue management...
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Instagram for hotels: 4 strategies to attract gourmets and get more bookings
Instagram strategies to attract gourmetsFood tourism has developed significantly in the recent years. Interests of travellers began to change, which allowed us to fill a niche on the market: the market of travellers who are food lovers.This market niche...
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Price Optimizer Update 18.12.2018
We are happy to inform you that we have introduced new features in Price Optimizer. The updates will be available in the following days.Company ratesin Price Optimizer, all rates, including fixed company rates, are currently listed in the Rate Plan...
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Changes in Revenue Management that can help improve the hotel’s performance
As revenue management in the hospitality industry grows, hospitality professionals need to be aware of their key role in the hotel sales strategy, paying particular attention to new market trends. Technology and customer behaviour are basic aspects that...
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YieldPlanet participates in FITUR 2019
This year, FITUR, the leading fair in the Spanish and Ibero-American market, will be held from 23 to 27 January 2019 at the Feria de Madrid with a larger exhibition area than past years.FITUR 2019 is preparing one of its most complete editions, in which...
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Price Optimizer Update 21.11.2018
We are happy to inform you that we have introduced new features in Price Optimizer. The updates will be available in the following days. Overview:Rate plan min/max price settingDynamic pricing in CRSReviewPro addonRate plan min/max price A new setting is...
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4 key tools for the Revenue Management department
Revenue managers may draw on a wide range of technological tools to help them do a good job. Each tool automates tasks which would otherwise be impossible or take too long. These revenue tools make the work of revenue managers more efficient, allowing them...
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Price Optimizer Update 23.10.2018
Today we are announcing updates for three different parts of the system.OverviewColours for compsetChannel opening time in CRSCRS polling pricingAvailability and overbooking in CRSOverbooking poolingBulk recalculation moved to ConfigurationColours for...
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8 revenue management tips to boost your hotel
Revenue management in the hospitality industry involves predicting customer demand with the aim of streamlining the sales process, allowing companies to sell at the correct price, to the correct customer, at the correct time. When conducted correctly,...
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How to choose the best Channel Manager?
Implementation of an omni-channel strategy by a hotel facility is still difficult although, undoubtedly, necessary. Accordingly, a professional Channel Manager system is a must as a tool supporting the daily work of a hotel manager. However, to effectively...
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The future of revenue management in the hotel industry
Revenue management in the hotel industry is still relatively young and has grown exponentially in the last decade, particularly in the last few years. This article explores the changing role of revenue management in the hotel industry and the developments...
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Price Optimizer Update 03.10.2018
Tomorrow (3.10.2018) we will release the first part of updates for the most frequently used feature in Price Optimizer, the price control screen.Price control now offers to show the most important data in different formats. It is possible to use the table...
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A step-by-step guide to achieving success with revenue management I
The revenue management concept was devised thirty years ago and is effectively employed today by most hotels and airlines. However, even though hotel managers often talk about revenue management, the definition of the concept differs depending on the individual... One...
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Big data and the modern hotel industry
Running a 21st century hotel requires processing a staggering amount of data, including rates, types of rooms, booking details and the competition's activity on booking portals. The growing importance of the Internet forces hotel operators to search for tools that...
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Spring – a perfect season to offer hotel packages
Create added value spring packages to attract guests to your hotel and increase your occupancy. Spring is the perfect season to take a special interest in planning the ideal getaway for your guests. To get more customers, you do not necessarily need to lower rates. In...
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6 Tips to make your photos sell rooms
Good room photos give your bookings a leg up. Along with prices, images are the first thing visitors who book online look at. You should, therefore, make sure each room type offered through your booking engine is not only clearly described but also illustrated by...
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Rate parity or differentiated pricing, the choice is yours
New rules in online distribution might be well underway, but rate parity it is still very often a contractual requirement for the hotel to do business with large OTAs. For many properties, the practice of rate parity goes beyond any binding agreement. It is part of...
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Website photo gallery
The website photo gallery is the hotel’s visit card. Thus it should provide visitors with the first impression of the place where they’ll be staying and what is in there for them. As such, make sure that your gallery includes photos of: the property: its lobby, guest...
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France prohibits Rate Parity clauses by law
As expected, on July 9th, the French National Assembly voted in favor of suppressing rate parity clauses in contracts between hotels and online travel agencies (OTA) and qualifying the term of contracts as a “contrat de mandat”. The law applies regardless of where the...
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Start growing your mobile bookings today
With 335 million devices sold around the world during Q1 2015, smartphones are ubiquitous and their usage keeps growing. Travellers are no exception – today more than half of them book their hotel stays and flights with their smartphones. In the US alone, last year...
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Get started with wholesale distribution
It is no news that the wholesale segment has been losing out a significant share of online business to OTAs. Nevertheless, hotels should still consider wholesale companies as important providers of accommodation booking services in the travel market. In fact, for many...
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7 reasons why you should rely on OTAs as part of your strategy
The successful development of business is absolutely impossible without innovation in the hotel industry today. It is more and more difficult to engage new clients by using traditional methods - time does not stand still and the requests of the target group change at...
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