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Yield Management

Yield Management is a powerful tool that displays rates and availability in order to help maximize revenue and occupancy.

 



Overbooking

Change Room Type, New or Old Rates

Notes about Yield Management

  • The top third of the yield management screen displays the guest name, travel agent and/or group information, the default tax code, reservation dates, and the number of people (by classification, i.e. - adults, children, etc.).


  • Rates are calculated by up to four people classifications.  Each classification label is customized by your property.


  • If your property only calculates rates by one or two people classifications, the remaining ones are suppressed.


  • The middle third of the yield management screen displays availability by room type.  


  • The bottom third of the yield management screen displays rate plans.  The reservationist matches the guest's room type preference with the correct rate plan.


  • Each night of the reservation can by assigned a unique rate plan.  For example, the first two days of the reservation can be assigned the RACK rate and the remaining days are assigned a package plan.
  • The tax rate can be overridden on a reservation-by-reservation basis.


  • Up to 100 lines of free-form notes can be added to each reservation - helpful for passing information between reservations and front desk personnel.


See RDP Packages and also Yield Management

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