Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

To add an Occupancy Yield Profile

  • Go to SETUP | YIELD MANAGEMENT
  • Click Add at the bottom right.
  • A new Yield Profile will open.

Image AddedClick image to enlarge

  • 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

...

70%.

Image Added

Click image to enlarge

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.

Image AddedClick image to enlarge

  • 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.

Image Added

 

Click image to enlarge

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

Image Added

Click image to enlarge

Adjust rate by -10% if occupancy is below 60%

...