A logical user interface system capable of helping operators determine the right price to charge based on available inventory.
The ability to execute dynamic pricing strategies, based on understanding, anticipating and influencing consumer behavior in order to maximize revenue or profits from a fixed, perishable resource through multiple channels.
Through many years of experience in the travel industry, our proven techniques and unique best practices will, in time, be a real game changer for the parking industry at every level and market. Our technology boasts a powerful omni-channel Central Reservations System that allows its clients to deploy various approaches to managing a wide range of rate tiers through multiple distribution points including:
- Online Affiliates
- Travel Agencies
- Integrated Partners
Yield Management allows companies to adjust pricing based on supply and demand of a product. This is predominately practiced by airlines over the holidays when demand is high. Yield Management is versatile simply because it blends aspects of marketing, operations, and financial management into a highly effective strategy. It’s all about Selling a Parking Space to a Potential Customer at the Precise Moment and the Preferred Price through Proven Distribution Channels.
Yield Management is a science based on a history of real data. Yield Management is a daily, weekly and quarterly strategy that helps elevate annual revenues.