Release Notes - December 15, 2023
Attention all casino resorts and traditional hotels using Guestrev web version, exciting new functionality called Min/Max, accompanied by Copy/Paste, is coming your way on December 20, 2023. Anticipate a seamless performance 🎵 with minimal downtime expected. Let's dive into the rhythm 🎶 to uncover the value these enhancements will deliver.
Or, watch a short demo to learn about Min/Max by DOA first, it's up to you. 🤷
In the new Guestrev, there will be a new Min/Max page within a new section called Rate Policies. On this page, you'll be able to set guardrails for your pricing within your control segments on any given day, ensuring Guestrev's rate recommendations for stays within a certain range fit your pricing strategy. You will also have the option to copy and paste your data in different ways, depending on your needs.
What's the purpose of Min/Max?
With Min/Max you can define how high ⬆️ or low ⬇️ you want bid prices to be for any specific dates and control segments. (Didn't we just say that above? Yes, but this time we included emojis.)
By assigning a minimum bid price to specific dates and control segments, you can assure against a $0 bid price being sent to the PMS and having a guest inadvertently be quoted a complimentary room for their stay. If a $0 bid price is suggested in Guestrev, the minimum rate you've set in Min/Max will be quoted to the guest instead. (Phew! 😅)
The same holds true for maximum rates. If Guestrev suggests an inordinately high bid price, perhaps a price you haven't even built 😬, a maximum bid price ensures the highest rate for that segment is quoted instead. 😅
Using the filters for room category, date range, days of the week, and control segment level you can zero in on any particular configuration.
You can then edit your data manually or use the simple and intuitive editing tools to bulk edit sections or the entire table.
If you prefer to work offline, perhaps you want to merge this data with data from other sources, or you don't want to worry about being timed-out and having forgotten to save your work as you go, you can copy/paste into Excel.
Tell me more about Copy/Paste
You have options:
- In edit mode, highlight a section of the table, or the entire table, then right-click to copy it. Paste it into an Excel worksheet.
- Export the entire table as an Excel worksheet using the Export icon. After saving the worksheet on your computer or local environment, head to the Review tab to unprotect the worksheet.
- When you've finished updating the worksheet, copy the data from Excel and paste it back into the Min/Max table. Be sure to click Save! Either way you choose to do it, it's easy peasy!
Anything else important to know?
- Once saved, the price points will become active after Guestrev runs through the next optimization cycle.
- Min/Max pricing can only be modified and applied to future dates.