Each entry in the price list can be provided with a yield management function. This provides an automatic and flexible calculation of prices, e.g. dependent on the booking date (early booker, last minute) or the capacity. The calculation always refers to only one price entry. That is why one price entry should be created for one day in the desired period of time. This is simplest done via the meta price function: all prices with yield management are stored daily until the next date of the meta price management. All system commands and a multitude of variables are at your disposal for this yield management. With pleasure we ascertain the right management for your requirements. The yield management is carried out automatically before retrieving Internet bookings (via risauto.exe also in regular intervals) or for test reasons via the button in the price management. These articles should be marked for Flexible Pricing.
Examples for available variables: pricedate = date of the price to be calculated, DATE() = Today, n = Number of Day(1 = Today), a_free(n,x) = free beds rooms (x = 1-8 category, n = number of day on from today), a_freea(n,x) = free beds in allotments, a_all(n,x) = total capacity.
Example price between 10 and 20 linearly dependent capacity in category 1 with invoice on 0,1:
ROUND(((1-(a_free(n,1)+a_freea(n,1))/a_all(n,1))*10)+10,1)
Same example but bookings for today, tomorrow and more than 30 days in advance for the fixed price of 18:
IIF(pricedate-2<DATE()ORpricedate-30>DATE(),18,ROUND(((1-(a_free(n,1)+a_freea(n,1))/a_all(n,1))*10)+10,1))
A default value under "Settings / Field Validation" (m_price, nights) decides, for how many days the booking data is determined on from today. The default value is 750 days in advance. This value can also be reduced, e.g. for speed reasons.