Yield management or dynamic pricing model

This topic contains 0 replies, has 1 voice, and was last updated by   UPR 1 week ago.

Viewing 1 post (of 1 total)
  • Author
    Posts
  • #839234

    UPR
    Participant

    Hi John,
    This may be useful for larger properties with multiple rooms/accommodations:

    It may be nice to have the option to configure a percentage by which the base rate goes up once the property books up.
    For example:
    Property is booked below 50% capacity – normal rate applies
    Property approaches 75% capacity booked – rate goes up by defined amount or percentage automatically.
    Property approaches 100% booked with only one or two rooms left – rate will be at it’s highest to maximise revenue for the property.
    If this can be automated, it is very powerful for owners who would use this feature, however I am not sure how much demand there is for it.

    Cheers,
    Sascha

Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.