One Yield Enhancement: Standard Room Limit
Revenue Management contacts within the High Performance Pricing (HPP) contact list will receive more detailed information and links to training, webinars, and office hours the week of Nov. 4. Additionally, this information will be shared via the Nov. 11 version of the Weekly Update.
Since it’s deployment to 4,800 Marriott branded hotels in 2017 and 1,800 SPG branded hotels in 2018, One Yield has brought data-driven decision making to Revenue Management. Several initiatives, which are designed to expand capabilities and adoption of One Yield, are currently being deployed. These initiatives are a direct result of input from our owner and franchise partners, and we thank you for your continued feedback.
The One Yield Standard Room Limit is an enhancement in One Yield that will allow for greater inventory control to help drive premium room sales. The enhancement will become available as a new capability in Step 5 of the One Yield ADVisor to One Yield users on Nov. 11 and will help your hotel(s) drive their premium room revenue strategy.
Key Benefits
- One Yield users will now be able to limit the amount of standard rooms authorized for sale in the system, which may increase the availability of premium rooms, thus reducing the number of complimentary upgrades provided.
- This enhancement will help to ensure the delivery of guaranteed bed-type, which will help drive guest satisfaction.
- This enhancement may increase the potential for increased availability of premium rooms on high demand dates.
Resources
- Training: One Yield users can review the Inventory Limits Setting lesson within the Step 5: Inventory (Transient Revenue Management Process) Course on the Digital Learning Platform
- FAQs and Technical Job Aid: Visit ServiceNow
We are confident that these improvements will continue to drive additional revenue, provide hotels greater flexibility within the system, and increase the level of adoption of One Yield’s powerful capabilities.
