What is yield management?
Do you want to increase occupancy and turnover in your hotel with a clever pricing and sales strategy? Best of all with an integrated solution that implements this for you day in, day out in the booking portals?
With igumbi you get a web-based hotel revenue management system tailored to the needs of medium & small hotels. The dynamic prices are displayed to the booking portals per arrival day with the help of a connected channel manager. The igumbi IBE / online booking tool accesses the same dynamic hotel prices.
Such systems, also known as yield management systems, have been used by airlines for years and make a significant contribution to their success. Integrating dynamic prices directly from the hotel software into the booking portals and into the online booking tool is a new and extremely successful approach to sustainably increase turnover and profit.
Advantages of yield management levellogic and nesting at a glance
- Less effort for the administration of room allocation
- Higher priced rooms and prices are always available - even if lower prices are offered.
- With demand forecasts you have a powerful tool to make your decisions.
- Maximize sellable rooms and occupancy options
- A yield management system and hotel software from one source - no interface problems or complicated Excel yielding workflows