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CSS:
Opening Windows®
with Inntegrity™, Part 1
Yield Management
CSS
has been a developer and vendor of Hospitality Management
and Accounting Applications for 26 years, and Windows®
Compliant since ’94. Our Applications have always been
designed for full service hotels, resorts and condominiums,
with the functionality to handle the complexity of their
needs. CSS
management has been on a Quest:
“For the first release of the CSS Windows®
true 32 bit Graphical User Interface version of our
Property Management Systems, we were determined to include
all of the functionality of our character based software,
installed since the early eighties.”
This
is the first in a series of Pipeline articles that will
detail functionality of the CSS Windows®
Applications. The Front Office System has had Yield Management built into
it since 1991. It’s
been enhanced for the new release to include a unique Rate
Analysis Screen – designed to “yield” consistently
higher profits.
The
first screen viewed when taking a Reservation is current
availability. The requested dates are entered, or blocked in
the pull down calendars.
Availability is illustrated with a series of colored
boxes that
represent numbers of available rooms for both the hotel and
individual room types. Hotel management decides and
configures at what percentage of hotel availability the
colors change from green - free sell, to yellow - sell
cautiously, to red - limited number of rooms available.
As
the Reservationist enters pertinent data – Dates, Room
Type, Market Code, etc., the screen adjusts to the new data
and the Room Availability switches to Applicable Rates.
Colors still indicate availability on a per day basis
for the chosen Room Type and the rates will fluctuate with
this availability, per day, through a CSS Yield Management
technique known as Dynamic Rate Tiering.
Dynamic
Rate Tiering Yield Management is a CSS feature that can be
switched on and easily set up by your management.
Each individual Room Type can be configured to have
the rate automatically increase based on the occupancy for
each date. Optionally,
you can further set room rates to fluctuate based on Market
Codes and other criteria.
Now
that you have an automated Yield Management System choosing
the appropriate rates, how does your Reservationist sell a
stay that can have a different rate for each night?
The Rate Analysis Screen pops up.
This is where you can choose how to apply the Yield
Management. The
Rate Analysis can be set to default to any of 4
choices: Actual = the original rates, varied per night, High
= charge all nights the same as the highest rate in the
chosen dates, Low = all nights will be the same as the
lowest rate, and Average = recalculates the Actual Rates
originally shown and displays an average rate to sell.
What can be simpler?
The rate can be offered as an exact average with
dollars and cents or the System can round the rate up to the
nearest dollar or five dollars if you prefer.
Authorized personnel can also override any of these
rate choices for particular guests.
If you
need to revise the dates of the reservation at a later time
you can decide if you would use the Current Rates at the
time of revision, (remember as dates sell out the rates go
up), the Original Occupancy Percent or the Original Rates.
Good
things come to those who wait; better things are available
to those who didn’t.
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