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

This means that a rate adjustment will be triggered by ONLY an Occupancy event. Decide if your will occupancy events as a way to trigger a rule,? If you do, will occupancy be based on the entire Site occupancy (ie all Rooms added together and then occupancy/vacancy analyzed by the entire inventory of the Site); else by Room Type occupancy which would apply the occupancy only to the Room Types allocated as detailed below. In a Room type Occupancy setting, for example, if you had 5 KING rooms and had an Occupancy rule based on 20% occupancy, then the system will only enforce that Yield Rule when 2 Kings were booked and would ignore any other Room Types when invoking the Yield Rule.  This is a key difference and a property can be setup as one or the other, not a mix of both.

For example, raise rates by 10% if occupancy is above 80% and lower rates by 10% if occupancy is below 50%. These yielded tiers can also be set to flat dollar amounts. For example, raise rates by $15 if occupancy is above 80% and lower rates by $10 if occupancy is below 50%.

Occupancy setting: Set occupancy "below" AND "above" a percentage occupancy amount to trigger the rate change. I.e. Below 50%


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To add an Occupancy 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.

 


Click image to enlarge

You will then see the Rate in the list of the Yield Profile.

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