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Rates and Yield optimiser

Posted: Sat Feb 25, 2017 6:48 pm
by spadalma
Hello everybody,

I have a standard rate and a yield optimiser rule for a certain date. Even if the trigger for the yield rule is met, the booking page gives the (lower) rate.
I found out by check price that is it says based on: Best Price calculation. Any idea how and where I can manage the settings for this Best Price calculator?

Thanks in advance and enjoy the weekend.

Theo Noordeloos

Re: Rates and Yield optimiser

Posted: Mon Feb 27, 2017 9:11 am
by markkinchin
Can you post a little more information about your setup and perhaps the "calculation" output from the price check function?

Re: Rates and Yield optimiser

Posted: Mon Feb 27, 2017 7:14 pm
by spadalma
Here is the Yield rule
Id Name Start Date End Date Days Before Check-in Units Available Price Multiplier Channel Management
Casa Spa d'Alma
Room
963 2017 120% mei tot oktober 1 May 2017 30 Sep 2017 21 2 or less 120% Yes

Below the price check for a day in May that meets the trigger 2 or less units available, here the final price should be €84 but it shows €70 which is the basic price.
And I changed the system time to 27 april 2017 to meet the trigger of 21 days-

Booking Condition

Room id: 67002
Check in: 2017-05-11
Check out: 2017-05-12
Nights: 1
Adults: 2
Children: 0
Offer: 1

Info

No Deposit - auto confirmed booking with no deposit

Rates

Rate ref 551758

Standard - 2017
Price per 1 day
Room Price 70.00
Room Price for max occupancy 2
Min Stay 1
Max Stay 365
Strategy is allow lower prices
Room Price 70
Allowed on 2017-05-11

Calculation

2017-05-11

Best Price 70
Using rate ref 551758

Result

Average per night 70.00
Total Price 70.00
Assign Bookings to This Room

Re: Rates and Yield optimiser

Posted: Mon Feb 27, 2017 7:24 pm
by markkinchin
The yield optimizer currently only works on the last 30 days before check-in

Re: Rates and Yield optimiser

Posted: Mon Feb 27, 2017 7:39 pm
by spadalma
Okay thank you that is clear. Is this going to change in the near future, like 14 or 21 days before stay?

Re: Rates and Yield optimiser

Posted: Mon Feb 27, 2017 8:40 pm
by markkinchin
It affects the prices from 30 days before check-in up to check-in, depending on your rules.

Re: Rates and Yield optimiser

Posted: Tue Feb 28, 2017 7:31 am
by spadalma
I tried the same action with 30 days in the trigger of the rule, changed the system date, tried to make a reservation that meets the conditions of the rule and nothing happened. I mean where the price should become €84 per night it is still Best Price Calculation €70.

I send the rule and price calculation once again below. I have no clue about what goes wrong.

Thanks Theo

Id Name Start Date End Date Days Before Check-in Units Available Price Multiplier Channel Management
Casa Spa d'Alma
Room
963 2017 120% mei tot oktober 1 May 2017 30 Sep 2017 30 2 or less 120% Yes



Booking Condition

Room id: 67002
Check in: 2017-05-11
Check out: 2017-05-12
Nights: 1
Adults: 2
Children: 0
Offer: 1

Info

No Deposit - auto confirmed booking with no deposit

Rates

Rate ref 551758

Standard - 2017
Price per 1 day
Room Price 70.00
Room Price for max occupancy 2
Min Stay 1
Max Stay 365
Strategy is allow lower prices
Room Price 70
Allowed on 2017-05-11

Calculation

2017-05-11

Best Price 70
Using rate ref 551758

Result

Average per night 70.00
Total Price 70.00
Assign Bookings to This Room

Re: Rates and Yield optimiser

Posted: Tue Feb 28, 2017 8:25 am
by markkinchin
The 30 days is the time between today and check-in.

You are testing 2017-05-11 and today is 2017-02-28, that is more than 30 days

Re: Rates and Yield optimiser

Posted: Tue Feb 28, 2017 9:04 am
by spadalma
I told you that I made the test changing the system time on my computer to 27 april 2017.
Next I do the price check.
Now I do not if the program looks at the clock of the computer or some other clock but I'll make a new yield rule that is for March and see what happens.

Re: Rates and Yield optimiser

Posted: Tue Feb 28, 2017 9:14 am
by spadalma
Okay this works when 1 change the rule to the 1st of March. Obviously the program does not work with the internal system clock but that is not a problem, now I know it is functioning well. Thanks a lot.