You have the option to adjust selected months and weekdays individually. This is great in case your property behaves differently from the other hotels that we are using to represent the market.
When we set up your hotel at the beginning, we will often input these adjustments. So, do not be surprised to see numbers already in that you did not set yourselves.
As a quick recap, we analyse your whole market and identify hotels with a sophisticated approach to Revenue Management.
For example, leisure hotels tend to need adjustments to decrease prices on Tuesday and Wednesday compared to business hotels. They will also need adjustments to increase prices on Fridays and Saturdays.
City hotels in summer also behave differently. While business hotels are quieter, leisure hotels do comparatively better. Thus, an upward monthly adjustment in summer is standard for leisure hotels in an area of business hotels.
How to: For example, if you want Saturdays to always be 10% more expensive than the market recommendation — you would do the following:
|
Screen that shows where to set individual weekday and monthly adjustments
|
In the Adjustment View individual Weeks and Months can be adjusted
|
|
Comments
0 comments
Please sign in to leave a comment.