Intahub Private Limited

1How to update Inventory in Boost Centrex?

2How to update Rates on Boost Centrix?

3How to do Stop Sell on Boost Centrix?

4 How to create Promotions on Boost Reservations ?

5 How to use Yield Management Option?

Yield Management is a special feature that allows you to change rates of your Online Travel Agencies corresponding to your occupancy percentage at the hotel.

It helps you to maximize your revenue for available rooms by selling them at the right price at the right time.

This feature is only available to you on Boost Centrix

Let’s find out how to use the Yield Management Option.

First log in to the Channel Manager extranet and click on the “Old extranet” option at the bottom of the page. You will be directed to a page shown in the screenshot below.

On this page select the option “Marketing” and click on “Yield” tab.

To manage yield, it’s necessary to create yield tabs. You can do this by clicking on the “Occupancy Slab” option.

Occupancy slab serves the purpose of bifurcating the occupancy into different slabs on the basis of which the rates will be decided.

You can decide how many slabs you’re breaking your percentages to.

Once you select the number of slabs, you click on generate and fill in the percentages you require.

After you add the percentages click on save to create the slabs.

Once you create the occupancy slabs, they need to be mapped with the rate plans. For that we will click on “Slab Mapping” option.

Slab mapping will show you the disabled and enabled rate plans on which the yield management is applied.

Once the source is selected as “Channel” you can then enable yield management on the rate plans you wish to apply it to

Select the rate plans and click on the arrow highlighted below to enable them.

On the basis of the occupancy slabs created, now you can define rates for the Base adults and child or extra adult and child.

Click on Manage Yield option.

Once you reach the Manage Yield Page. First you have to set the source as “Channel” to update rates on your online channels.

After that select the rate plan.

Occupancy slab option rates will be defined on the basis of the slabs created.

The Base column on the chart allows you to modify the formula for setting appropriate base rate for adult and child.

Extra adult column lets you define rates for Extra adult and same applies to Extra child.

On the effect column, you can pre define the conditions by which the system will automatically add or multiply the base rates.

The Factor column will be the number by which the addition or the subtraction will take place on the base rate.

The option which says “I want to update” allows you to update the yield for a specific date range or pre- defined season.

You can also do it for a specific day of week using the “Apply for days” option.

On the basis of the set yield, you will get the yield report on the “Yield report” Option.

Inside the yield report option there are 2 different tabs.

The first one is Yield definition, this will show the yield rate set for different rate plans.

The second tab “Yield Rate Projection” will show you the occupancy of the rate types in percentage

The rates are derived as per the formula set in the occupancy slabs.

6 How to show Booking List Option?

Do you want to see all your reservations on 1 page? Here’s the option, the Booking List. Once you log into the system, click on the side menu and select “Bookings” option.

In booking list a user can view the bookings they have received from the Internet Booking Engine and other resources.
The bookings can be filtered on the basis of

Guest name
Reservation number
Reservation Created day
Stay Date
Room
Rate Type
Source
Reservation Type

Once you filter your search you also have the option to download the set of reservation in excel format by clicking on the button shown in the image below.

A user can also perform certain operations on the searched bookings. You simply have to click on a reservation and options shown in image below will appear.

7 How to create Reports?

Reports play a vital role engaging the performance of your hotel.

Once you log into the system, click on the side menu and select “Reports” option.

The available reports in Boos Reservations are,

Arrival List – which shows you a list of all the arrivals you have along with the filter criteria shown in the image below

Cancelled Reservation report will display the details of all the reservations that has been cancelled with the search criteria and a Help guide to guide you to navigate this report
Country-wise reservation statistics report will provide details such as revenue, number of Reservations from a particular country, nights and average revenue per night.
Reservation Activity report gives you the necessary details related to the reservations you have received.
Void reservations report will show you a list of reservations you have voided.
Booking Source wise reservation statistics will give you a report of reservations you have received from different sources such as, Google, Facebook Etc.
Mobile/Desktop Wise reservation statistics will give you a detailed report of what devices your clients use to make reservations
Performance Analysis Report – It’s a graphical report which will show you the revenue generated from the Booking engine and all the different channels.
Revenue Analysis Report – This report will give you statistics of the Revenue generated through the Booking Engine and Different channels and OTAs.

NOTE

– Statistics from other channels will be available only if Channel Manager is integrated to the Internet Booking Engine.

FAQ in Channel Maneger

Channel Manager