Renowned for its cutting-edge technology and industry expertise systems, Rate Yield RMS is proud to unveil its educational platform in revenue management with the Institut de tourisme et d’hôtellerie du Québec (ITHQ), whose students will use throughout their learning journey. The integration of this platform in university courses offer future industry leaders means to innovate, develop more strategic skills, and adapt to the dynamic and competitive landscape of the hospitality industry.
With Rate Yield RMS technology, ITHQ’s revenue management classes will:
Gain access to a sophisticated RMS system that mirrors real-world industry standards.
Explore pricing strategies, demand forecasting, and revenue optimization with hands-on experience.
Develop critical thinking and problem-solving skills, directly relevant to the demands of the hospitality sector.
Confront and solve real-world challenges faced by revenue managers, preparing them for success in the industry.
This collaboration reflects Rate Yield RMS’s commitment to elevating revenue management education, equipping students with the tools and knowledge needed to excel in the ever-evolving world of hospitality.
“We are thrilled to integrate Rate Yield RMS into our revenue management class,” said Marie-Claire Louillet, Professor at ITHQ, “This technology will empower our students to develop the essential skills and knowledge required to excel in the rapidly evolving hospitality sector. We believe that by offering them this hands-on experience with cutting-edge tools, we’re preparing the industry’s future leaders to meet and exceed the ever-growing demands of the modern hospitality landscape.”
“As a graduate of ITHQ myself, it is very exciting to be able to give back to my alma mater.” said Marc Bertrand, Founder & CEO of Rate Yield. “Our team is involved in hands on training and support for the students and we’ve provided a learning environment for them to test and experiment with competitive sets and strategies for their assigned hotels.” The technological contribution of Rate Yield RMS will allow students to focus their learning on the more strategic dimensions of revenue management, a skill highly sought after by hotel establishments looking at any commercial development.”
Rate Yield RMS is honored to work with ITHQ, a distinguished institution committed to excellence in education and industry relevance.
Rikki Cavanagh is the Director of Sales, Marketing & Business Development at Rate Yield. Connect with Rikki on LinkedIn.
About Rate Yield
Rate Yield was created in 2019 by seasoned Revenue Management consultants with over 30 years of experience within the field. Rate Yield RMS was designed to adapt to small hotels, inns, and resorts as well as large hotels in city centers. With settings and thresholds that can be modified against a hotel’s unique market trends, Rate Yield makes it more accessible than ever to implement AI in revenue management strategies. With real-time insights, agile strategy development, modules for budgets and forecasts, as well as a tool for displacement analyses, Rate Yield provides a complete software that will help your hotel to yield more revenue, period! To learn more, visit us at www.rateyield.com