Configuring Yield Market Type

Yield Market Types can be used to implement a system of multiple hurdles. When a hurdle rate is sent to OPERA Cloud, the yield market types feature allows a different yield market type to be associated with each hurdle rate set for the given date. One yield market type might, for example, be called Entitlement, and it might be assigned to a hurdle rate that is lower (say 195) than a second hurdle rate (200) configured with a yield market type called Non- entitlement.

Adding Yield Market Type

When the OPERA Multi-property Cross Reservation Cloud Service is active, new Yield Market Types are created by selecting the Template tab. Once created, you can copy Yield Market Type to specific properties using the Copy action. Refer to Copying Configuration Codes to Multiple Properties for more information.

1. From the OPERA Cloud Administration menu, select Financial, select Rate Management, and then select Yield Market Type.

2. Click New and complete the following

   1. Property: Search and select the property.

   2. Code: Enter Yield Market Type code .

   3. Alternative Market Code: Search and select the Alternative Market Code.

   4. Description: Enter the description.

3. Click Save or Save and Continue.

Editing Yield Market Type

1. From the OPERA Cloud Administration menu, select Financial, select Rate Management, and then select Yield Market Type.

2. Enter search criteria and click Search.

3. In the search results, click the vertical ellipsis and then select Edit.

4. Update the configuration

5. Click Save.

Deleting Yield Market Type

1. From the OPERA Cloud Administration menu, select Financial, select Rate Management, and then select Yield Market Type.

2. Enter search criteria and click Search.

3. In the search results, click the vertical ellipsis then select Delete

4. Click Delete to confirm the deletion.