Defining the optimization settings
- Navigate to Menu > Configuration > Parameters > Optimization.
-
Select a property using the Property
selection menu.
You can search for a specific property in the Search box, or specify the PMS code.
- Select the Optimization tab.
-
Specify this information:
- Optimization Horizon
- Specify the horizon by specifying the number of days. The default horizon is 365 days and it can be extended to 540 days maximum. This field is required.
- Number Of Guests
- The reference number of guests used for price decision.
- This parameter can be managed only by Infor, because it requires a full restart of the optimization model.
- Price Step
- The typical difference between price levels. It defines the interval or step that the price slider and stepper takes in the Day Focus and Strategy Overview screens.
- BAR Rate Code
- The rate code that is used to identify the current prices in the PMS.
- Select Save.