Yield Management
Yield Management is a powerful tool that displays rates and availability in order to help maximize revenue and occupancy.
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Change Room Type, New or Old Rates
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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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to Sample Screens Index
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