|May 13, 2005 - Yield Channel Inc. announced that it has launched version
YOM-2.0 of its yield management program Yield-O-Matic®. System upgrades
include additional yielding features, increased performance capacity and
more yieldable providers. All current Yield-O-Matic® users are automatically
updated at no additional cost.
According to Yield Channel Inc. the new, improved features allow users to yield up to 3 date ranges at a time, select all providers with one click and enter restrictions such as minimum nights stay and closed to arrival. Hardware was upgraded to accommodate the growing yield load and speed up response time.
Among the providers recently added to Yield-O-Matic’s portfolio, are ARES.com™, LastMinute.com™, Wotif.com™, Hotwire.com™, OrlandoInfo.com™, Travelhero.com™ and BookIt.com™. More yield paths, e.g. to BestWestern.com and Priceline.com, are said to be close to completion.
“Every day we are adding new extranets to Yield-O-Matic. More and more users are signing up and requesting additional sites. Soon we will be expanding into Europe and adding support for European providers”, says Christina Winston, President of Yield Channel Inc.
“The ongoing feedback from Yield-O-Matic® users is very valuable to us”, adds Arthur Winston, VP of Yield Channel, Inc. “It ensures that we stay cutting edge with our programming, and it keeps us informed of the ever changing expectations in the market. We are especially proud of the consistent positive feedback from hoteliers about the program’s reliability and our prompt customer care.”
Yield Channel Inc. started marketing its channel management program in spring of 2004 with a free offer to anyone who was willing to beta test. Yield-O-Matic® is available for fees that are reportedly among the lowest in the industry. Yield Channel Inc. is currently challenging revenue managers to try their “Dare to Compare” challenge and test the product free for 3 months. Deadline to sign up for this promotion is June 15, 2005. More info is available at www.Yield-O-Matic.com.