Hotel La Milagrosa Price Optimizer

Manual MLOS Changes

Minimum Length of Stay (MLOS) restrictions can be set up in Price Optimizer in a few ways, such as in Rate Plan, Distribution Rule formula, manual changes in Price Control and automatic (rule-based) in MLOS configuration. It is applied to Rates at various levels with each level of restriction taking precedence over the previous layer.

Previously, Distribution rule would override Manual changes in Price Control but now, as the demand is back and hoteliers would like to use all possibilities to optimize sales and do it fast during a high season, we are giving Manual MLOS changes a higher priority. The new order is as follows:

• Rate Plan: The Min (and Max) LOS boundary set up in Rate Plan has the highest priority. It will always be respected

• Manual MLOS Changes: Overrides MLOS set on the Distribution Rule or MLOS Configuration

• Distribution Rule formula: Overrides MLOS set on the MLOS Configuration

• Automatic (rule-based) MLOS Configuration: Will be set automatically based on Price Levels if no Distribution Rule or Manual Changes are applied

Availability Alerts

We are delighted to introduce a new feature within Price Optimizer: Availability Alerts! Stay up to second with your room inventory when it’s running low, high or sold out.

1. Immediate Action: As soon as an alert is triggered, you can take proactive measures to capitalize on the last available rooms

2. Avoid Lost Revenue: Don’t let potential revenue slip away due to oversight. For instance, by being alerted about low room inventory, manage online distribution channels effectively

3. Dynamic Pricing Opportunities: An alert about high room inventory remaining could also unlock revenue opportunities. Offer flash sales, limited-time promotions or value-addon packages to attract guests, and ensure your rooms are optimally priced to secure bookings

Using Availability Alerts is like having a vigilant assistant dedicated to keeping you informed about your room inventory at all times and responding swiftly to market fluctuations, ensuring maximum revenue potential.

To set up an Availability Alert, access the Configuration panel > Rules > Availability Alerts.

You can customize your alert preferences, the threshold for low or high inventory counts, the availability source (PMS or Master) to take into account overbooking rules, the relevant team members to receive the notifications and more.