You select your parameters and ResNexus’s Yield Management tool will adjust your prices up or down—consistently and automatically. Improving your business’s efficiency, one guest at a time.
With today's mobile technology, customers can quickly compare your prices and services to competitors’—all in minutes. If your pricing structure is fixed, you’re either missing out on guests (priced too high) or money (priced too low). Why not get them both?
Savvy business owners realize the value of variable pricing. Effective yield management has strengthened revenues 3-11% and more; in many industries, this doubles profits. What could yield management do for you?
The yield management feature found in ResNexus is totally customizable. You choose the occupancy limits, the dates and the rooms; ResNexus automatically increases or decreases the price.
• Increase revenue: When demand spikes (from a holiday or popular local event), your rates will automatically go up once a certain occupancy level has been met.
• Protect occupancy: During your slow season or a phase of construction, offer discounted fares to keep guests coming.
• Encourage desirable customer behaviors: Hate last-minute bookings? Want more walk-ins? Need online reviews of a recent renovation? Use your rates to invite customers when and where you want them.
Control supply and create demand, hassle-free, with the new ResNexus Professional Edition’s automatic Yield Management— a powerful benefit that has many Innkeepers smiling.
Automatically adjust your rates to charge more when your occupancy is high and less when your occupancy is lower.
Encourage guests to stay longer by offering a lower nightly rate for each additional night they add to their reservation.
Make it easy and convenient for your guests to enhance their getaway by offering specials and packages unique to your inn and your area.
ResNexus supports group reservations, from weddings and conferences, to any gathering. Reservations can be paid collectively or individually.
Use your current credit card processor to charge credit cards through ResNexus. It's lightning fast. ResNexus supports card readers.
Market your business to past guests via newsletters and promotions. Offer incentives to fill space during slower times of the year. Write newsletters to keep your Inn top-of-mind.
Recommendations from friends are a big deal and asking valued clients to follow you socially is important. ResNexus takes the hassle out of social media.
It's easy to customize ResNexus. Whether it's branding and matching your website, or selecting your mode of operation, ResNexus easily adapts to your business.
ResNexus has built-in support for Google Analytics. See who is booking and what websites they used to find you. See how long they stay on your website and booking engine.
Seamlessly share your availability and rates with TripAdvisor via ResNexus.
Promote your business on travel and business websites like Expedia, Booking.com, Travelocity, etc. Promote to thousands of travel agents worldwide.
Export revenue and payment information from ResNexus to QuickBooks.® This makes doing your books a breeze. It saves time and reduces errors.