Strategy Overview
Use the Strategy Overview screen to manage the pricing
strategy for multiple days.
This information is displayed on this screen:
- Day Details
- The details of days for a specific date range. Note: You can view quick insights for a day in the Day Peek window. This window is displayed when you click the icon in the Day Details column.
- Room Type
- The room type for the specific date.
- Price
- The current price displayed in Price
Stepper. You can use this component to modify the price. The RMS
price is also displayed for each room type and this price is highlighted in orange.Note:
- This information is displayed, only if the option is selected in the Pricing tab on the Parameters screen.
- If the automatic publishing is enabled and the RMS price could not be uploaded in the latest automatic publishing because rules prevented it (difference too small), the price is displayed in italic font to indicate this circumstance.
- BAR Level
- The BAR Level configured for the day. This information is displayed, only if the option is selected in the Pricing tab on the Parameters screen.
- BAR
- The BAR price configured for the day. This information is displayed, only if the option is selected in the Pricing tab on the Parameters screen.
- Hurdle
- The amount of rate adjustment applied to the hurdle.
- Delta
- The amount of rate adjustment applied to the hurdle.
- Overbooking Limit
- The maximum overbooking price that can be applied for a day.
- Rate Categories
- If LOS is enabled in the publishing, then a maximum of four (4) rate categories Is displayed.
- Simulation
- The simulation part includes these details:
- Room Nights OTB: Number of reserved rooms.Note: If the OTB exceeds the capacity of the property, the OTB is displayed as a full circle.
- Room Night Forecast: Forecasted occupied rooms corresponding to the RMS price.
- Room ADR Forecast: Simulated forecast in number of rooms; the figure corresponding to the price in the input field.
- Room RevPAR Forecast: Forecasted RevPAR based on the price in the input field.
- KPIs: On the right side of the graphical representation of the simulation,
a legend with this information is displayed:
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- The Room Nights OTB and Room RevPAR KPIs also show the variation to the optimal level. This shows the simulated impact on the KPI between your selected pricing decision and the RMS recommended pricing decision.
- A small arrow is displayed next to the variations of each KPI. A green upward arrow (↑) if the variance is positive, or a red downward arrow (↓) if negative. If the variation is null, no arrow is displayed.
- If the current price falls outside the optimized price range for any of the room categories, no simulation information is displayed. The simulation donuts and legend will show the OTB and optimal information only.
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- Room Nights OTB: Number of reserved rooms.
You can use the filters on this screen to select a date range and apply day of week filters. See, Applying filters.
After modifying the price, the KPIs are updated to display the new values and variations. You can publish the prices after selecting and validating the pricing strategy for each day.
Note:
- If the and options are selected in the Pricing tab on the Parameters screen, you can set the price for multiple BAR levels, using the link icon.
- If the and options are selected in the Pricing tab on the Parameters screen, you can view the price ending by rest the pointer on the price.