The best available rate is an important tool for consistent yet flexible pricing structure within revenue management. At the time of booking, it is the best available room rate in the requested category. Although SIHOT.BAR is automatically included in SIHOT.Yield and SIHOT Yield│Express, it can also be installed independently. SIHOT.BAR facilitates rate management and provides a fair and transparent rate structure for guests.
The different levels of the BAR-rate are pooled in a container. Using a variety of contains, you can also manage different types of BAR-rates, e.g. including or excluding breakfast, public or corporate tariffs.
The rate information shows the best available rate per category for the requested period. The exact listing of rates enables the reservationist to sell the rates confidently.
From a simple daily rate to different rates in different categories and rates by length of stay you can implement just about any type of rate scheme.
Reserving BAR Rates
Reservations are entered quickly and with the correct rate via the rate information or by using the reservation wizard, as well as the room rack, the category rack and, of course, the traditional reservation dialog.
The BAR-definition determines which BAR level is to be applied when. Here you can also enter different BAR levels for different categories and assign rates for different lengths of stay.