New yield management solution for hotels

FastBooking has come up with a yield management solution for hotels.

Published: 28 Jan 2009

FastBooking has come up with a yield management solution for hotels.

The solution has been worked out in partnership with IDeaS V5i. Its features are as follows: Gathers competitive online room pricing; Consolidates inventory and pricing data via IDeaS V5i; Suggests new optimised prices; Publishes a consistent street price across all websites, including a hotel's own website.

The companies have shared that Austria Trend Group installed FastBooking Yield Management and immediately began realising operational benefits.

Gerhard Messinger, MD, Austria Trend Group said, "FastBooking's solutions have already allowed us to optimise our operational processes of pricing management. With this integration, we add a strategic dimension."

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