Yield Management is essential for the profitable operation of complex and competitive airline industry First CRS system is SABRE and was developed by American Airlines with IBM Today SABRE is globalised and the system is in place in 54 countries and 130,000 terminals are connected to this system Additional features have been added to it such as flight plans,schedule crews,manage cargo etc AADT developed A CYMS called DINAMO(dynamic inventory and maintenece optimiser) This tool used for maximisation revenue on each flight for the Airlines DINAMO combines all the complex variable required in the calculation of yield management Include passenger demand,cancellations,no show details DINAMO Allows Inventory management team to forecast the expected yield This information enables relevant personell to define expected forecast demand And most appropriate pricing strategy to be used in various market segments CYMS in Hotel Industry • Hotel managers use different technique to decide wheather or not to book out a particular room • CYMS is a management sales tool provide valuable aid to managers • CYMS often stored within hotels automated front office systems • CYMS information is basis for future predictions • CYMS can be used to match room supply to demand and then to prcing strategy Advantages of using CYMS • Continual monitoring and booking situation • Consistency of decisions in changing conditions • Information availability • Market segment reports • Calender/booking graphs • Future arrival dates and status reports • Perfomance tracking