Yield Management Enhancements
Posted: Sun Mar 13, 2016 1:28 am
Hi there,
Yield management could be made more effective if some of the calendar features were added.
E.g. I currently set a 2 night minimum stay for Saturdays until 3 - 4 weeks out. This helps us achieve more two night bookings rather than Saturdays being filled up with single night bookings too early.
We also will often block out channels for peak periods until we are within 4 weeks of the period.
Automating the changing of minimum nights, blackouts, etc based on a trigger event would be very helpful.
Cheers
Stephen
Yield management could be made more effective if some of the calendar features were added.
E.g. I currently set a 2 night minimum stay for Saturdays until 3 - 4 weeks out. This helps us achieve more two night bookings rather than Saturdays being filled up with single night bookings too early.
We also will often block out channels for peak periods until we are within 4 weeks of the period.
Automating the changing of minimum nights, blackouts, etc based on a trigger event would be very helpful.
Cheers
Stephen