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The yield optimiser automatically adjusts prices based on availability and time before check-in.
Note<span style="color: #f3e504; font-size: 250%;" >{{#fas:lightbulb}} </span> We recommend you check carefully that your rules work as expected.
[[Category:Prices]]
[[Category:Automation]]
[[Category:Dynamic_Prices]][[Category:Rules]][[Category:Enhanced_Selling]]<div class="heading">Yield Optimizer</div> ''This page is about the menu SETTINGS-PRICES >YIELD OPTIMISER''and explains how to create rules to automatically adjust prices. __TOC__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.
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.
== Rule ==
Examples: The regular price per night is €100. 40% will lower the price to €40. 150% will raise the price to €150. 100% will leave the price unchanged.
The percentage to which a price is changed by the yield optimiser optimizer will show in the CALENDAR with a blue background. These automatic values can be manually over-ridden. Manual overrides will have a white background. In the CALENDAR you can also set individual dates or days of the week to "manual" to override the rules.
[[Image:yield.png|300px|link=]]
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.
== Trigger ==
Set the condition when the prices should be changed. Rules will trigger on a per date basis so they will only trigger on dates which meet the trigger condition.
A rule can be applied to bookings with arrival up to 30 days in advance. It can be restricted to a shorter periodor a time window.
A rule can be set to apply when a certain number of rooms is available on the night.
The rule will be applied to the ticked rooms.
Multiple rules can apply at the same time and the percentage changes will be multiplied togetheraccumulate. i Example: Original price = 100€, Rule 1 = 120%, Rule 2 = 150%.eAfter the application of both rules the price will come to 180€. two rules, Explanation:*120% and of 100€ = '''120'''€.*150% triggering will adjust of '''120'''€ = 180€. Note: The order of the price by 180rules does NOT matter, because:*150% of 100€ = '''150'''€.*120%of '''150'''€ = 180€.
