YIELD MARKET TYPES Application Setting

Group.  Rates

Type.  Parameter

Application. PMS



Description.  Activate Yield Market Type Hurdle Functionality


Property Determination.  Yield Market Types may be used to implement a system of multiple hurdles for a specified date. When a hurdle rate is sent to Opera, the yield market types feature allows a different yield market type to be associated with each hurdle rate set for the given date (i.e., Entitlement vs Non- Entitlement or Negotiated Rates) Yield Market Types are then associated to each Rate Code, which assists in the filtering of availability via the Rate Query screen.

Activation / Inactivation Rules. 


Available Values.

Y- Yes

N- No

Add On Licenses/Country Specifics.

OPX_RAIN2 or ORMS (OPP_OPUS, OPO_500, OPK_500, or OPH_500) must be active.

Other Application Settings.

Rates>Multiple Yield Market Types parameter is available when Rates> Yield Market Types is active.

Affected Areas

Menus / Screens / Fields.

F5>Rate Query>Yield Market search field

Configuration>Rate Management>Rate Classifications>Rate Codes

Configuration>Rate Management>Yield>Yield Markets

Configuration>Rate Management>Yield>Hurdle Rates

Reservation screen More Fields tab: Yield Market field may be screen painted (OPX_RAIN2).

Reports & Report Forms.




Other Areas.