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Use this yield profile to create a rate adjustment by Time AND Occupancy.

This means that a rate adjustment will be triggered by BOTH of the two events: Occupancy AND Time.

  • Occupancy setting: Set occupancy "below" or "above" a percentage occupancy amount to trigger the rate change. I.e. Below 50%
  • Time setting: Set the # of days before or after a booking date to trigger the rate change. I.e. More than 30 days before booking date.
In this section

 

To add a Occupancy AND Time Yield Profile
  • Enter a Description
  • Type: Choose  "Occupancy and Time" from the drop down list.
  • Occupancy "Below" or "Above" from the drop down list.
  • Threshhold: Enter the Occupancy percentage amount to "above" or "below" to trigger the rate change. I.e. Below 50%
  • Days Left: Choose "More" or "Less" in the drop down menu.
  • Than: Enter the number of days you want to trigger the event. I.e. More than 30 days.
  • Adjustment: Enter the Flat dollar amount or the percentage amount of the rate to discount or increase triggered by EITHER one of these events. I.e. Enter discount as -15 and an increase as 15.

In this scenario, we want to adjust the rate by -20% when booking is made EITHER when Occupancy is below 50% AND a booking is made less than 7 days in Advance.

Adjust rate by -20% if booked less than 7 days in advance AND occupancy is below 50%