Hotel Professionals Management Group and YieldPlanet, two rapidly developing companies in the hotel industry, have entered into a strategic cooperation agreement, which will focus on supporting each other’s activities through combing and exchanging know-how and creating the most effective tools for efficient hotel revenue management.

„The cooperation agreement was brought as a result of the complementary profiles of both of our companies. HPMG, as a rapidly developing advisory company, gathering a team of leading industry experts, is searching for experienced and trustworthy partners, with whom it can successfully manage hotel facilities of various brands and standards. We are convinced that YieldPlanet is such a trustworthy and effective partner we are looking for, with whom we will certainly create efficient tools and procedures allowing for increasing the effectiveness of the revenue management process” – comments Alex Kloszewski, Managing Partner at Hotel Professionals Management Group.

„For YieldPlanet – a cutting-edge software provider, the partnership with HPMG is a key opportunity for our company’s development. Our solutions complement HPMG’s offer in the area of pricing and revenue management tools and services. We will be thus able to offer a very attractive package for hotels worldwide” – Hubert Drabik, YieldPlanet’s CEO.

The partnership and cooperation between the two companies was brought for the purpose of providing mutual support in offering clients services and tools of the highest quality. Both companies highlight, however, that it is not cooperation based on exclusivity.

YieldPlanet is a software provider focusing on optimization and management of room rates, as hotel’s key revenue source. YieldPlanet’s solutions are being used by over 15,000 properties in more than 60 countries. YieldPlanet’s tools are primarily dedicated to independent mid-sized hotels, but also to small hospitality businesses such as hostels, guesthouses, and apartments. We are also servicing global hotel chains like Sofitel, Accor, Best Western, Hilton or Golden Tulip. YieldPlanet is a global company with offices in Warsaw, Bucharest, and Barcelona.