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Maestro offers a wide
range of integrated real time yield
management features. In many
cases, each feature can be activated and
configured to operate independently or
can be fully integrated with other
features. Moreover, the configurations
can be system-wide or limited
to selected Rate Types or seasons. This
set up capability allows the user to
customize the property’s own unique
yield management program by implementing
only those features that provide direct
benefits. Additionally, the user may
choose from several approaches to manage
the property’s yield management program.
Maestro's Availability
screen instantly notifies the
Reservation Staff of all Yield Controls
that
the Revenue Manager has put in
place for the period. This can include:
Rate Type Closures, Length-of-Stay
Controls and Rate Modifications to name
a few.
Maestro will
automatically restrict all new activity
from all reservation channels to ensure
that the Manger's Yield
strategy
is maintained.
Alternatively, the manager
may choose to provide specific users
with the ability to override some or all
of these strategies based on need.
This Rate Modification
will automatically adjust the property's
Sell Rate depending on the prevailing
occupancy at the time the reservation
inquiry is made. The rates will
automatically rise and fall with demand.
This Duration Control
will automatically deny all short term
business for the lucrative high season
weekends. This strategy
will ensure that space
will be made available for the higher
yielding, long term stays.
Maestro's Yield
Management system can also display
Advisory Messages that
can be communicated to the guest during
the reservation process.
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