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yieldNG

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yieldNG is an optimizer tool that calculates and recommends prices for better hotel revenue. yieldNG uses occupancy forecast, competitor prices and market demand to compute optimized price recommendations. yieldNG recommended prices are also based on PMS daily data to create pick-up benchmarks for different day types (i.e. seasons, events, DoW etc.).

Your benefits with yieldNG
What does it do and how
What you need to use it

tick3Better room revenue by not missing price opportunity

tick3Easier, quicker to implement

tick3No daily maintenance required

tick3No need of expensive specialist users (i.e. Revenue Manager)

tick3Less expensive than other systems

tick3Less complicated than other systems

tick3No system maintenance requirement, as yieldNG is internet-based

 

  • Connection to PMS for daily update of the pickup
  • Use of seasonality, DoW and events for creating occupancy benchmark and trends
  • Forecast expected occupancy in the remaining booking window
  • Use OTA availability data to compile the demand factor
  • Calculate Initial Recommended Price based on hotel + market demand data
  • Fine tune recommended price based on CompSet availability and rates
  • The only solution which is fully integrated in the CRS
  • Automated sourcing of local ”special events”
  • Display of competitor prices
  • Display of PMS hotel data
  • Display of booking window actual performance
  • yieldNG can be integrated with many PMS systems for daily retrieval of operational data (i.e. Fidelio Suite8, Opera, Protel, Hogatex, Scrigno, Hoist, Hotel Concepts, Picasso)
  • yieldNG can also output its recommendations to: EasyRMS, IDeaS, Channel Rush, SMART, YieldPlanet, ParityRate, Cubilis
  • No hardware or software requirements, yieldNG operates in an internet-based environment and can be accessed from anywhere
  • PC and an internet connection
  • Sign up for yieldNG

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