The settings for Revenue & Yield management enable the user and hotel to execute a large part of the strategy without the need of constant monitoring or manual intervention.
The Dynamic Rate Rules tool is designed to have rate plans change over time, according to preset thresholds on for instance the actual occupancy. As it is a continuous process, the PMS will adjust always and intermediately. This will take out the need for monitoring and take action on the changes on occupancy. This should be beneficiary ti to the overall hotel performance. As the Dynamic Rate Rules (DRR) tool is the execution of a strategy, it is important to define the strategy. If needed, please contact Roomer for assistance on this.
The market segments is a helpful tool to have the companies categorized and with that the sales strategy can be set or adjusted as performance can be made visible.