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To add an Occupancy Yield Profile
- Go to SETUP | YIELD MANAGEMENT
- Click Add at the bottom right.
- A new Yield Profile will open.
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- Enter a Description
- Type: Choose "Occupancy Only" 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%
- 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% if Occupancy is below
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70%.
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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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Adjust rate by -10% if occupancy is below 60%
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