Yield Adjustment Codes
Yield Adjustment Codes enable you to configure the yield adjustments that can be applied to a rate before it is compared to a hurdle rate when determining rate availability.
Adding Yield Adjustment Codes
When the OPERA Multi-property Cross Reservation Cloud Service is active, new Yield Adjustment Codes are created by selecting the Template tab. Once created, you can copy Yield Adjustment Codes to specific properties using the Copy action. For more information, see Copying Configuration Codes to Multiple Properties.
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From the OPERA Cloud Administration menu, select Financial, select Rate Management, and then select Yield Adjustment Codes.
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Click New and complete the following:
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Property: Search and select the property.
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Code: Enter code up to 10 characters.
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Description: Enter the description up to 25 characters.
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Type: Select valid types are Per Stay, Per Night, Per Person Per Night, and Per Person Per Stay.
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Amount: The amount field displays currency in the search table that is being used for the Yield Adjustment.
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Currency: Search and select the currency.
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Click Save or Save and Continue.
Editing Yield Adjustment Codes
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From the OPERA Cloud Administration menu, select Financial, select Rate Management, and then select Yield Adjustment Codes.
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Enter search criteria and click Search.
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In the search results, click the vertical ellipsis Actions menu, and then select Edit.
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Update the configuration.
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Click Save.
Deleting Yield Adjustment Codes
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From the OPERA Cloud Administration menu, select Financial, select Rate Management, and then select Yield Adjustment Codes.
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Enter search criteria and click Search.
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In the search results, click the vertical ellipsis Actions menu, and then select Delete.
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Click Delete to confirm the deletion.
Parent topic: Yield Management