Use this yield profile to create a rate adjustment by Time ONLY.
This means that a rate adjustment will be triggered by ONLY a Time event.
Time setting: Set the # of days before or after a booking date to trigger the rate change. A value of "0" for time means the day of arrival. Thus, if one were to place <1 days, that means BOTH the 'day of arrival' and the next day (it's both 0 and 1). So, if one wanted to only send a Yield rule for the 'day of arrival', the rule would be "0"and this would happen on 'day of arrival' only.
For example, more than 30 days before booking date; more than 60 days before a booking date; less than 10 days before a booking date
In this section
To add a "Time" Yield Profile
- Go to SETUP | YIELD MANAGEMENT
- Click Add at the bottom right.
- A new Yield Profile will open.
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To add a Time Yield Profile
- Enter a Description
- Type: Choose "Time Only" from the drop down list.
- 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 -10% when booking is made more than 30 days in Advance.
Adjust rate by -10% if booked more than 30 days in advance
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Add Rates to Yield Profile
Then, add the Rates that you want to apply the YIeld Profile. A Rate can have multiple Yield Profiles applied
- Click Add Rate to add one specific Rate. Or, click Add All Rates to add all of your rates to the Yield Profile.
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- If you click Add Rate, then a screen will open with a field to select the Rate. Click on the magnifying glass icon to expand the drop down list of your rates.
- Select the Rate and click Save.
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You will then see the Rate in the list of the Yield Profile.
- To remove the rate for the Yield Profile, click Delete next to the Rate.
- To add another rate to the Yield Profile, select Add Rate
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Overview
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