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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 BOTH of the two events: Occupancy AND Time.
- 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. More than 60 days before a booking date. Less than 10 days before a booking date
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 percentage amount of the rate 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