Rate Yield
About Rate Yield
Rate Yield is a Canadian SaaS company that provides a revenue management system (RMS) tailored for the hospitality industry. Founded in 2019 by Marc Bertrand, the platform focuses on AI-driven revenue optimization, enabling hotels of all sizes to implement dynamic pricing and automate rate adjustments. The system is designed for quick deployment, typically going live in under seven days, allowing for immediate return on investment.
The core RMS platform updates rates in real-time, balancing occupancy and average daily rate (ADR) by analyzing market dynamics and hotel performance. Key features include daily reports, modules for budgets and forecasts, and an intuitive interface that requires minimal training. Rate Yield emphasizes transparency and adaptability, offering post-deployment support from revenue management experts and customizable strategies. The software has shown significant results, including double-digit ADR increases and high occupancy rates, making it a valuable tool for hotels in various market conditions.