Understanding and Configuring Occupancy Supplements in the System
This article explains how occupancy supplements work within the system, including their application and configuration.
What Are Occupancy Supplements?
Occupancy supplements are additional charges applied to minimum rates when certain occupancy thresholds are reached based on forecasts. These thresholds are indicated as percentages above the grid in the schedule.
How Occupancy Supplements Work
- Occupancy Thresholds: These are percentages that indicate different levels of expected occupancy. For example, thresholds might be set at 0-19%, 20-39%, and so on.
- Adding Supplements: When the forecasted occupancy exceeds a specified threshold, an additional charge (the supplement) is added to the minimum rates.
- Per Room Type: Minimum rates and supplements can be set separately for each room type.
- Non-Cumulative: Only the supplement for the highest exceeded threshold is applied, meaning the supplements are not cumulative.
Example of Occupancy Supplement Application
For instance, if the forecasted occupancy for a specific day is between 70% and 79%, and the condition of having at least 59 rooms sold is met, an additional charge of €20 is added to the minimum rate for that day.
Configuration of Occupancy Supplements
- By default, occupancy supplements are based on the expected number of rooms sold. However, this can be changed to reflect the actual number of rooms sold.
- Currently, the setting for occupancy supplements works indefinitely based on either the business on the books or forecast, and it cannot be changed per month.
Conclusion
Occupancy supplements are an important feature that allows for dynamic pricing based on occupancy levels. Understanding how they are applied and configured can help in effectively managing pricing strategies. If you have further questions about occupancy supplements or need assistance with configuration, please reach out to customer support.