twitter www.twitter.com/yieldplanet facebook www.facebook.com/yieldplanet YieldPlanet.com (http://yieldplanet.us8.list-manage.com/track/click?u=6074f52cecf83180d1d81ed4a&id=d1769ca56f&e=21603bd3af) -Channel Manager & RMS- http://yieldplanet.us8.list-manage2.com/track/click?u=6074f52cecf83180d1d81ed4a&id=81515ec99c&e=21603bd3af
** Key benefits of working with a Channel Manager. ------------------------------------------------------------ Dear Partner, In this newsletter we will discuss the potential benefits for choosing a channel management system. We will also talk about the most recent updates of YieldPlanet.com. ** Time Savings ------------------------------------------------------------ Let us assume a typical scenario that you are a hotel who works with 10 Online Travel Agents, has 3 room types and works with 3 rate plans (for example: Non Refundable, Best Daily Rate, Min Stay 2 nights). If you update your rates for the next 30 days on a daily basis this means you will need to enter 30 (days) X 10 (Online Travel Agents) X 3 Room Types X 3 Rate Plans = 2700 (RATES) This means potentially entering 2700 different numbers into extranets. Channel Management solutions like YieldPlanet.com minimize the number of operations from 2700 to 30. So instead of entering rates for 8 hours - you will be entering them for a few minutes. ** Increase Distribution ------------------------------------------------------------ When signing up for a channel management solution you can contract 100's of different channels and increase your revenue. At YieldPlanet.com (http://yieldplanet.us8.list-manage2.com/track/click?u=6074f52cecf83180d1d81ed4a&id=c9e3e58f8c&e=21603bd3af) we try to help the hotel to sign up the right channels and effectively manage distribution needs. ** Increase Rankings & Revenue ------------------------------------------------------------ Very few people talk about this but the choice of technology solution may impact your rankings on different portals. For example if your technology provider is less reliable then not all your rates will be transmitted correctly. And portals will penalize hotel rankings if they do not have rate parity. Some technology providers like YieldPlanet.com will provide a set of tools and alerts that will help hotels keep rates and availability in synch. Moreover if your hotel does not show optimal availability at least 6 months in advance your rankings could be hurt as well. At YieldPlanet.com we have designed a set of comprehensive tools and alerts that will allow you to achieve better rankings compares to your competition. Please email [email protected] and ask us how we can help increase your revenue. This is why also some OTAs like booking.com have created the preferred channel management program. They try to pick technology providers that benefit hotels the most. YieldPlanet.com (http://yieldplanet.us8.list-manage1.com/track/click?u=6074f52cecf83180d1d81ed4a&id=41794be716&e=21603bd3af) is proud to be a preferred partner of many online travel agents like booking.com. ** Get rid of overbookings ------------------------------------------------------------ Overbookings are a nightmare for hoteliers. If your channel manager has a centralized allotment feature then your availability is adjusted automatically in real time. YieldPlanet.com (http://yieldplanet.us8.list-manage.com/track/click?u=6074f52cecf83180d1d81ed4a&id=f630040048&e=21603bd3af) offers an advanced centralized allotment system that in most cases reduces your overbookings by more than 99%. Moreover some technology solutions like YieldPlanet.com (http://yieldplanet.us8.list-manage.com/track/click?u=6074f52cecf83180d1d81ed4a&id=8f654a1a02&e=21603bd3af) provide features that allow hotels to close same day reservations when the front desk closes. Please email [email protected] to learn more about this. At the same time YieldPlanet.com offers a possibility to connect it to your local PMS system and manage everything from there. ** Simplicity ------------------------------------------------------------ Picking the right technology provider is tricky. In our opinion the channel management solution needs to help drive revenue in the most efficient way as well as lower your costs. And provide tools, analytics, reports in order for you to be able to react quickly to changing market conditions. At the same time it is really good to have knowledgeable and pro active support people to advise you on the best way to solve your hotel problems. And the tool you get should be so simple that almost no training should be needed in order for you to start using the tool. Please visit YieldPlanet.com to learn how we created the most advanced and yet simple channel management system in the world. Please email [email protected] to schedule a demo and a free trial. Best Wishes, YieldPlanet.com (http://yieldplanet.us8.list-manage.com/track/click?u=6074f52cecf83180d1d81ed4a&id=65a7cd43a0&e=21603bd3af) team News to watch out for: ** New Channel Manager UI ------------------------------------------------------------ We have just shipped a new UI for the channel manager! We will soon be contacting hotels to test it out. May 7th ** Shipping new algorithms for the Revenue Management System ------------------------------------------------------------ YieldPlanet is shipping brand new algorithms for forecasting. The algorithms were patented in both Europe and the USA. Forward to a Friend (http://us8.forward-to-friend2.com/forward?u=6074f52cecf83180d1d81ed4a&id=a86bd95e34&e=21603bd3af) Update Subscription Preferences (http://yieldplanet.us8.list-manage.com/profile?u=6074f52cecf83180d1d81ed4a&id=eac578f464&e=21603bd3af) Unsubscribe (http://yieldplanet.us8.list-manage.com/unsubscribe?u=6074f52cecf83180d1d81ed4a&id=eac578f464&e=21603bd3af&c=a86bd95e34) Copyright © 2014 All rights reserved. You joined this list because you are a hotel interested in technology solutions for hospitality industry. Your email is displayed public on your hotel web site. YieldPlanet.com, 15600 NE 8th Street #B1, Bellevue, WA 98008, USA
