Availability Alerts

This article was written by Yieldplanet. Click here to read the original article

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.

Immediate Action: As soon as an alert is triggered, you can take proactive measures to capitalize on the last available rooms
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
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
Trending
Events and tickets platform Coras raises €1.3M

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.