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[[Category:Settings]]
[[Category:PricesI]]
''This page is about the menu SETTINGS->YIELD OPTIMISER''
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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[[Category:Prices]][[Category:Automation]][[Category:Dynamic_Prices]][[Category:Rules]][[Category:Enhanced_Selling]]<div class== '''We are beta testing this function"heading">Yield Optimizer</div> This page is about the menu PRICES >YIELD OPTIMISER and explains how to create rules to automatically adjust prices. Please use carefully and send us a support ticket __TOC__The idea of the yield optimizer is you see any problemsto 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 yield optimiser automatically adjusts prices based on availability multiplier will apply to maximise revenue across all booking channels on a nightly basisprices. If you use rates you can deactivate the multiplier by setting "Allow Multiplier" = No in the Summary tab of the rate.
== Rule ==
Set the start and end dates when for which period the rule applies is valid and the percentage value of your normal price to what percentage charge when the price should be changedrule is triggered.
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 overriddenover-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.
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[[Media:yield.png|view large]]
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 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 booking bookings with arrival on the same day up bookings with a check-in date to 30 days laterin advance. It can be restricted to a shorter period or a time window.
A rule can be set to apply when a certain number of rooms is available on the night.
*If multiple rooms are selected the availability in these rooms will be added up. This sum is then the trigger which will apply the rule.
*If no rooms are ticked the rule will automatically apply to use the availability in the room or rooms selected in the "Apply to" tab. In this case only the availability of each individual room which is selected there will used to trigger the ruleon that room.
== Apply to ==
The rule will be applied to the ticked rooms.
Multiple rules can apply at the same timeand the 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'''€.*150% of '''120'''€ = 180€. Note: The order of the rules does NOT matter, because:*150% of 100€ = '''150'''€.*120% of '''150'''€ = 180€.
