SoftHotel

Revenue Management "best practices" dictate conditions that require a planned response. The dynamics of high occupancy is one of those situations. Once your predetermined occupancy level has been achieved, usually between 80% - 100% occupancy, a set of predetermined controls are automatically initiated, which includes:

• Close to One Night Stays - Soft close - exposes inventory on a high occupancy day for consumption to only multi-night stays.

• Room Type Pooling - Eliminates multiple night denials based on room type, if total inventory is available. The sale will proceed through the use of a generic room type.

• Premium Transient Rates - Ensures that the right high occupancy transient price is in place and that all other discounts have been closed.

• Over-Sell Limits - Hotels can configure an oversell limit that can be automatically applied.