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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.

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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