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Yield Management

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Yield Management
.

Simplifying Yield Management

Rate Overview provides a comprehensive view of pricing and restrictions. The intuitive user interface allows you to navigate effortlessly through pricing strategies, date ranges, and room types.

Manage your rates per day or for an extended time period in the blink of an eye, and apply rate restrictions based upon room type, rate type and date range:

  • Close out a rate level at a certain occupancy
  • Set a min/max length of stay
  • Allocate a number of rooms to sell for a specific price
  • Offer special early bird or last-minute rates
  • Close specific arrival/departure dates

Additionally, integrations with industry-leading Revenue Management Solutions (RMS) are available in the VIPS Marketplace.

Rate configuration
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You're Behind The Wheel

Rate Configuration encompasses the setup and customization of room rates. Setting up and managing rates has never been easier. Rate configuration for base rates, packages and, if desired, booking plans, are easily managed.

Booking plans allow you to create predefined package breakdowns. A booking plan can be assigned to multiple packages. When making changes to a booking plan, these changes apply to all associated packages.

Rates can carry dependancies on other rates (derived rates). By working with a derived rate setup, the process of updating and managing pricing is much easier. On top of that, weights can be set up and attached to rates to allow for more extensive rate management options.

Overbooking
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Taking a Calculated Risk

The overbooking overview in VIPS CloudPMS is designed to be user-friendly and intuitive. It is an easy way to allow overbooking to happen on house level or online. Hoteliers can easily assess the risk of exceeding room capacity on specific dates, gaining insights into the number of reservations beyond available rooms.

This visibility enables proactive measures to control the percentage of overbookings at house level, facilitating informed decision-making for maintaining a balanced room inventory and maximizing revenue opportunities. The interface streamlines the process, ensuring efficient management of overbooking risks.

Which challenges do you face?

Corporate Booking Hurdles
How can you better manage corporate reservations?
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Having the Right Info Ready
How do you make sure everyone has the right data on hand?
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Using Different Devices
How can you improve multi-device accessibility?
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Getting Insights From Data
How can you improve data management for insights?
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Cross-Department Coordination
How can you improve interdepartmental coordination?
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Using Different Devices
How can you improve multi-device accessibility?
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Solving Technical Difficulties
How can you minimize tech-related disruptions?
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Managing Rentals and Additional Activities
How can you simplify tracking extra services?
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Having the Right Info Ready
How do you make sure everyone has the right data on hand?
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Effectively Managing Availability
How can you optimize availability management?
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Too Many Systems to Work With
How can you effectively integrate systems?
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Satisfying Your Guests
How can you enhance guest satisfaction consistently?
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