Yield Optimiser: Difference between revisions
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[[Category:Prices]] | [[Category:Prices]] | ||
[[Category:Automation]] | [[Category:Automation]] | ||
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[[Category:Rules]] | [[Category:Rules]] | ||
[[Category:Enhanced_Selling]] | [[Category:Enhanced_Selling]] | ||
<div class="heading">Yield | <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. | ||
You can set up rules to adjust your prices up or down. Multiple rules can be created and will work together. | |||
The multiplier will apply to all prices. If you use | 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 == | ||
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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. | ||