Yield Optimiser: Difference between revisions

Jump to navigation Jump to search
No edit summary
 
(6 intermediate revisions by 3 users not shown)
Line 1: Line 1:
[[Category:Settings]]
 
[[Category:Prices]]
[[Category:Prices]]
[[Category:Automation]]
[[Category:Automation]]
Line 5: Line 5:
[[Category:Rules]]
[[Category:Rules]]
[[Category:Enhanced_Selling]]
[[Category:Enhanced_Selling]]
<div class="heading">Yield Optimizer</div>
<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.  
  This page is about the menu PRICES >YIELD OPTIMISER and explains how to create rules to automatically adjust prices.  
__TOC__
__TOC__
=Summary=
<div class="summarybox">
The idea of the yield optimizer is to automatically adjust prices based on demand shortly before check-in.  
The idea of the yield optimizer is to automatically adjust prices based on demand shortly before check-in.  


Prices can be adjusted up or down. Multiple rules can be created and will work together.
You can set up rules to adjust your prices up or down. Multiple rules can be created and will work together.
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.


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


== Rule ==
== Rule ==
Line 26: Line 33:


The maximum value is 250%.
The maximum value is 250%.
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.
<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.