Yield Optimiser: Difference between revisions

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[[Category:Settings]]
 
[[Category:Prices]]
[[Category:Prices]]
[[Category:Automation]]
[[Category:Automation]]
  ''This page is about the menu SETTINGS->YIELD OPTIMISER''
[[Category:Dynamic_Prices]]
[[Category:Rules]]
[[Category:Enhanced_Selling]]
<div class="heading">Yield Optimiser</div>
  This page is about the menu PRICES >YIELD OPTIMISER and explains how to create rules to automatically adjust prices.
__TOC__
 
=Summary=
<div class="summarybox">
The idea of the yield optimizer is to automatically adjust prices based on demand shortly before check-in.
 
You can set up rules to adjust your prices up or down. Multiple rules can be created and will work together.


I idea of the yield optimizer is to automatically adjust prices based on demand shortly before check-in.  
Each rule can be assigned to one or more rooms. A rule will only adjust the price when its trigger condition is met and if the room multiplier is not manually over-ridden.


Prices can be adjusted up or down. Multiple rules can be created and will work together.
The multiplier will apply to all prices. If you use Fixed Prices you can deactivate the multiplier by setting "Allow Multiplier" = No in the Summary tab of the Fixed Price.  
Each rule can be assigned to one or more rooms. A rule will only adjust the price when it's trigger condition is met and if the room multiplier is not manually over-ridden.
</div>


The multiplier will apply to all prices. If you use rates you can deacativate the multiplier by setting "Allow Multiplier" = No in the Summary tab of the rate.
=Setup=


== Rule ==
== Rule ==
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The maximum value is 250%.
The maximum value is 250%.


  Note: The yield optimizer will NOT override manually entered multipliers. To remove a manual rule, then go to the Calendar, click in the Price multiplier row and change the 'Manual' to Auto then select the dates, this will then allow any Yield Optimiser rule to be applied.
You can choose the rule not to apply for channel management.
 
<span style="color:#fe746c;“ >{{#fas:exclamation-triangle}}  </span> The yield optimizer will NOT override manually entered multipliers. To remove a manual rule go to the Calendar, click in the Price multiplier row, select 'Auto' from the drop-down list and enter a date range This will allow any Yield Optimiser rule to be applied.


== Trigger ==
== Trigger ==
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Note: We recommend you check carefully that your rules work as expected.
<span style="color: #f3e504; font-size: 250%;" >{{#fas:lightbulb}} </span> We recommend you check carefully that your rules work as expected.