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Yield Optimiser

665 bytes added, 10:53, 29 June 2020
[[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__I 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 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> Note: The yield optimizer will not NOT override manually entered multipliers. To remove a manual multipliersrule 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 ==
The rule will be applied to the ticked rooms.
Multiple rules can apply at the same time and the percentage changes will accumulate.
Example: Original price = 100€, Rule 1 = 120%, Rule 2 = 150%. After the application of both rules the price will come to 180€.
 Explanation: *120% of 100€ = 120€'''120'''€. *150% of 120€ '''120'''€ = 180€. Note: The order of the rules does NOT matter , because: *150% of 100€ = 150€'''150'''€. *120% of 150€ '''150'''€ = 180€.
Note<span style="color: #f3e504; font-size: 250%;" >{{#fas:lightbulb}} </span> We recommend you check carefully that your rules work as expected.

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