GROW user Manual 20170130b - Amazon S3€¦ · Property Pricing Plans Represents the BAR value for...

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G 6 ROW User Manual USER MANUAL

Transcript of GROW user Manual 20170130b - Amazon S3€¦ · Property Pricing Plans Represents the BAR value for...

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G6ROW User Manual

USER MANUAL

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G6ROW User Manual

Contents Rate Administration User Guide .................................................................................................................................................... 4Part1:IntroductiontoG6ROW................................................................................................................................................................5

WhatistheG6ROWPlatform?.......................................................................................................................................................................6

PrimaryComponentsofG6ROWRateAdministration...................................................................................................................................7

WhatDoINeedtoUseG6ROW?...................................................................................................................................................................8

HowDoIAccessG6ROW?............................................................................................................................................................................10

G6ROWRateAdministrationNavigation......................................................................................................................................................11

MainNavigation...........................................................................................................................................................................................12

GlossaryofTerms........................................................................................................................................................................................13

UserAdministration.....................................................................................................................................................................................15

Part2:PricingComponentsinG6ROW..................................................................................................................................................18

ImportantPricingComponentsinG6ROWRateAdministration..................................................................................................................19

Part3:ManagingBARPricePoints........................................................................................................................................................25

ViewingandAddingBARPricePoints..........................................................................................................................................................26

DeletingaBARPricePoint...........................................................................................................................................................................30

ViewingandUpdatingDefaultUpcharges...................................................................................................................................................32

ViewingandAddingSpecialEvents..............................................................................................................................................................35

ManagingBAR..............................................................................................................................................................................................38

ExtendingBARPricingBeyondExistingDatesandImpactonFloatingRate................................................................................................49

ViewingPropertyPricingReport..................................................................................................................................................................50

Part4:ManagingRateCodes................................................................................................................................................................52

ManagingRateCodes..................................................................................................................................................................................53

FixedRateCodes..........................................................................................................................................................................................54

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G6ROW User Manual CreatingNewFixedRateCodes...................................................................................................................................................................55

ModifyingaFixedRateCode.......................................................................................................................................................................64

FloatingRateCodes.....................................................................................................................................................................................65

CreatingaNewFloatingRateCode.............................................................................................................................................................66

ModifyingaFloatingRateCode...................................................................................................................................................................75

ViewingPricingforFixedandFloatingRateCodes......................................................................................................................................76

ViewingFixedRatePricingVariances...........................................................................................................................................................77

AssigningRateRestrictions..........................................................................................................................................................................78

AssigningaRateRestrictiontoaRateCodeforaSingleDay.......................................................................................................................79

AssigningaRateRestrictiontoaRateCodeforMultipleDays....................................................................................................................81

ViewingtheDistributionControlsReport....................................................................................................................................................84

Part5:ManagingPropertyPolicies.......................................................................................................................................................85

WorkingwithPropertyPolicies....................................................................................................................................................................86

SettingCancellationPolicies........................................................................................................................................................................87

SettingGuaranteeRequirements................................................................................................................................................................88

Part6:RapidEntryPricing....................................................................................................................................................................89

WorkingwithG6ROWRapidEntryPricing...................................................................................................................................................90

RapidEntryPricingNavigation.....................................................................................................................................................................91

ChangingPricingwithRapidEntryPricing...................................................................................................................................................92

Revenue Optimization User Guide............................................................................................................................................... 93KeyComponents..........................................................................................................................................................................................94

Part1:G6ROWBusinessIntelligence.....................................................................................................................................................95

OverviewofBusinessIntelligenceinG6ROW...............................................................................................................................................96

UnderstandingPropertyKeyPerformanceIndicators.................................................................................................................................98

UnderstandingPropertyInsights...............................................................................................................................................................107

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G6ROW User Manual UnderstandingCompetitiveSetWebRates...............................................................................................................................................123

ManagingCompetitorList..........................................................................................................................................................................125

UnderstandingMarketPerformance.........................................................................................................................................................126

Part2:DefiningPropertyPricingPlan.................................................................................................................................................129

OverviewofPricingPlan............................................................................................................................................................................130

DefiningBARPricePointsandUpchargesforyourPricingPlan................................................................................................................131

CreatingtheBARAllocationPlan...............................................................................................................................................................132

ManagingRateCodePricingandAvailabilityviaRules..............................................................................................................................145

EstablishingPropertyPolicies....................................................................................................................................................................157

CreatingNotifications................................................................................................................................................................................158

SettingupaNotification............................................................................................................................................................................160

UserNotificationFlags...............................................................................................................................................................................165

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RateAdministrationUserGuide

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G6ROW User Manual

Part1:IntroductiontoG6ROW

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What is the G6ROW Platform?

G6RevenueOptimizationWorkspace(G6ROW)isacustombuilt,web-basedsuiteofapplicationsthatallowsuserstomanagepricing,restrictionsandinventoryforG6HospitalityMotelsandStudios.

G6ROWconsistsoftwocomponents

• RateAdministration(replacesG6HMSforratemanagement)• RevenueOptimization(optionallicensingagreementforautomatedyieldmanagement)

Section1oftheUserGuideisfortheRateAdministrationcomponentofG6ROW.

FormoreinformationontheRevenueOptimizationcomponentofG6ROW,pleaserefertoSection2.ForinformationontheRevenueOptimizationlicenseagreement,[email protected].

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Primary Components of G6ROW Rate Administration

TheprimaryfunctionsofG6ROWRateAdministrationare:

• ManagingBARPricePoints• ManagingRateCodes• ManagingRestrictions• ManagingPropertyPolicies• RapidEntryPricing

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What Do I Need to Use G6ROW?

G6ROWisavailableondesktops,tabletsandsmartphones.ThismeansthatyoucanaccessG6ROWatthepropertyandremotelywithareliableinternetconnection.ThefollowingaresuggestedG6ROWsystemrequirements.

Device MinimumRequirements

Computer(Desktop,Laptop) WindowsXPServicePack2+,WindowsVista,Windows7,Windows8,orWindows10.Note:SupportforWindowsXPandVistawillendsoon.

AnIntelPentium4processororlaterthatisSSE2capable

350MBoffreediskspace

512MBofRAM

MobileDevice(Phone,Tablet) iPhone5S

SamsungGalaxyS5

SamsungGalaxyS3Mini

iPhone5S

SamsungGalaxyS5

InternetBrowser ForInternetExplorer11:

• AWindows8.1orWindowsRT8.1PC.

• Processor:1gigahertz(GHz)orfasterwithsupportforPAE,NX,andSSE2.

• RAM:1gigabyte(GB)(32-bit)or2GB(64-bit)

ForInternetExplorer10:

• AWindows8orWindowsRTPC.

• Processor:1gigahertz(GHz)orfasterwithsupportforPAE,NX,andSSE2.

• RAM:1gigabyte(GB)(32-bit)or2GB(64-bit)

• Harddiskspace:16GB(32-bit)or20GB(64-bit)

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Connectivity Minimumrecommendedspeed6Mbpsupx1Mbps

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How Do I Access G6ROW?

YoucanaccessG6ROWathttps://g6grow.com.

YoumustbesetupinOKTAbeforeaccessingtheURL.OKTAistheportalthatauthenticatesuseraccessrightsforG6ROWandotherapplications.Forquestionssuchaspasswordresetorgeneralsupport,pleasecontacttheG6ITHelpDeskat469-737-3366.

InactivityandLoggingOutThereisnorequiredlogoutinG6ROW.However,youcanlogoutifyoudesiretoendasession.G6ROWwillautomaticallylogyououtafter15minutesofinactivity.Toremainactive,ataminimumyoumustmovefromonescreentoanotheroronefieldtoanother.Simplymovingyourmousedoesnotkeepyoursessionactive.IfyouareintheprocessofmakingchangestopricingorotherdatainG6ROWandasystem-initiatedlogoutoccursduetouserinactivity,thosechangeswillnotbesavedunlessyouhave“submitted”thoseeditspriortotheforcedlogout.

WhomtoContactforSupportwithLoginorGeneralQuestionRegardingG6ROW:G6HospitalityITHelpdeskat469-737-3366

WhomtoContactwithQuestionsRegardingBusinessFunctionality:G6ROWSupportAdministrationat972-360-5943oremailtogrowsupport@g6hospitality.com

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G6ROW Rate Administration Navigation

Onceyoulogintotheapplication,youwilllandatthemainnavigation.

Multi-PropertyUserIfyouhaveaccesstomorethanoneproperty,youwillseealistofallofyourproperties.Clickthearrowtotherightofthepropertyyouwanttoaccessorusethesearchfunctiontodrilldowntoonelocation.TheBARCalendarforyourselectedpropertywilldisplayonceyouhaveselectedalocation.

SinglePropertyUserIfyouhaveaccesstoonlyoneproperty,youwillseeyourpropertyinthelist.Clickonthearrowtoaccessyourproperty.

Multi-PropertyUser SinglePropertyUser

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Main Navigation

OnceataPropertylevel,youcanaccessthevariousG6ROWRateAdministrationfunctionsusingthenavigationmenuontheleftsideofthescreen.NavigatingthroughthedifferentcomponentsofG6ROWRateAdministrationissimpleandexamplesareprovidedinthisuserguide.Mostfunctionsareavailableonbothadesktopcomputer,aswellasmobiledevices.However,somefunctionsarevisiblesolelyondeviceswithlargerscreens.Asanexample,openingordownloadinglargeviewsorreportsforselectdatamaybeaccessibleonlyonadesktoportabletversusamobilesmartphone.

Inthisuserguide,visualaids(i.e.,thepictures)willprimarilyshowdesktoporlaptopscreenssoastodisplaythefullsystemnavigationanduseroptions.Onmobiledevices,insomecasesitmaybenecessarytoselectthe“Hamburger”icon( )atthetopofyourscreendisplaytoshowthenavigationmenu.

SelectingLogoutwillcloseoutyourG6ROWsessionbutyouwillremainauthenticatedtore-enterfora24-hourperiod.After24hours,networkloginthroughOKTAwillberequiredagain.

ForUserswithaccesstomultipleHotels,selectingMyPortfoliowillreturnyoutoalltheHotelsyouhaverightstoaccess.

LastDayPricedindicateswhenratesexpireandGuestsareabletobookreservations

FiveMainNavigationOptionsforG6ROWRateAdministrationUsers

RevenueOptimizationdrop-downmenuforLicensedUsers.SeeSectionB.RevenueOptimizationinthisguide.

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Glossary of Terms

Term Definition

BAR BestAvailableRate-non-qualified(previouslycalledRACK)

BARPricePoints(i.e.,aList) ListofoneormorevaluesthatyoucanassigntotheBARratecode.Anyofthesepricescanbemadesellableatanygiventime.

BARPricePoint(i.e.,actualratecodevalue)

TheBARpricepointistheratevalueforthedefaultroomtypemasterforonepersonforthepropertyataparticulartimeorforaparticulardate.

Defaultroomtypemaster Theleadingroomtypemasteridentifiedforyourproperty.ThissetupisperformedinHMSandreflectedinG6ROW.UpchargesareassignedtotheDefaultroomtypemastertocalculatetheprice(s)forallotherroomtypemasters.

AvailableforSaledates Daterangewhentheratecode(BARorothers)canhavepricingassignedtoit.Youcanextendtheavailableforsaledatesasneeded.

PerPersonUpcharge The$amountthatisaddedtoBARorotherratecodetocalculatetheratevalueforoccupantsbeyondthe1stperson.

RoomTypeMasterUpcharge

The$amountthatisaddedorsubtractedfromBARorotherratecodetocalculatetheratevalueofallotherroomtypemasters.Canbenegativeorpositivevalues.

DefaultUpcharge Theupchargeforroomtypemasterorperpersonthatyouhaveidentifiedforyourproperty.

OverrideUpcharge Thevalueyoumanuallyenterforaspecificratecodeforaspecifictimetocalculatetheroomtypemasterorperpersonvalue.

PropertyPricingPlans RepresentstheBARvalueforeachdayoftheweekwithinaperiodoftime.Youcanhavemultiplepricingplansbasedonseasonordemandpatterns.

FixedRateCodes Aratecodeassignedaspecificdollarvaluebasedonbedtypeanddate(s).Theseratecodesarepricedatafixeddollaramount.

ConstantFloatingRateCodes

TheratecodesthatreferenceaFixedRatecode(suchasBAR)andhavethesamepercentagediscounteveryday.Constantfloatingratecodeswillbeautomaticallyextendedfortheperiodthatyouhaveextendedthereferencedfixedratecode.

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G6ROW User Manual Term Definition

VariableFloatingRateCodes

TheratecodesthatreferenceaFixedRatecode(suchasBAR)andmayhavedifferentpercentagediscountvaluesbyday(ordayofweek).

ClosedRestriction Restrictionthatindicatesthataratecodeisnotavailablefornewarrivalsorextensionofexistingreservationsorin-houseGuests(i.e.,stay-overs).

ClosedtoArrivalRestriction Restrictionthatindicatesthataratecodeisnotavailablefornewarrivals.

MinimumLengthofStay(MLOS)Restriction

Restrictionthatindicatesthattheratecodeisavailableforsaleforreservationsbookingtheminimumnumberofroomnightsindicatedintherestriction.

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User Administration

G6ROWisconfiguredwiththenamesoftheusersthatyouhaveprovidedtoG6duringimplementation.Youcandesignateapropertyadminforyourpropertyorproperties.Thisuserhasaccesstoadd,modifyandremoveusersforyourpropertyorproperties.

1. Clickthepropertyyouwanttoassignauserto.

2. Asyouscrolldown,youcanseetheuserscurrentlyassignedtotheproperty.Youcanclickonausertomodifyaccess.

1

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3. ORClickAssignUser.

2

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4. Entertheuser’sNameorTitle.

5. ClickSearch.

6. Theuserswhomatchthesearchcriteriaappear.

7. Clickthecheckboxnexttotheuser’snametoassignthatusertotheproperty.

8. KeepCanEditselected

9. SelecttheStartDate.

10. Ifyouwanttheusertohaveaccessforalimitedamountoftime,selectanEndDate.

11. Ifyouwanttheusertohaveongoingaccess,clickOngoing.

12. ClickAssigntoassigntheusertotheproperty.

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Part2:PricingComponentsinG6ROW

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Important Pricing Components in G6ROW Rate Administration

G6ROWRateAdministrationusesthefollowingconceptsorcomponents:

• BARPricePoints(BestAvailableRate)• Upcharges• DefaultRoomTypeMasters• RateCodes• Restrictions

NotesforG6HMSUsers:

G6ROWRateAdministrationreplacesthePricingFunctionsinG6HMS.Thereareafewthingstobeawareof:

• YouwillcontinuetoseetheG6HMSscreensforratemanagement.However,youwillnotbeabletoeditthosescreensonceyourpropertyconvertstotheG6ROWplatform.

• BARissynonymouswithRACKterminologythatyouseeinG6HMS.

• Theconceptof“seasons”inHMSwillstillexistbuthavenorelevancetoG6ROW.YouwillonlyseetheLSseasonexpressedinG6HMSafterconversion.

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BARpricepoints(BestAvailableRate)TheBARpricepoint(s)istheratevalueforthedefaultroomtypemasterforonepersonforthepropertyataparticulartimeorforaparticulardate.BARpricepointscanbemanydifferentvalues($49.99,$55.99,$59.99…$199.99),aremadesellableforadayordaterangesasyouassignandarealwaysassociatedwiththeDefaultRoomTypeMasterforyourproperty.

UpchargesUpchargeisthedollaramountthatiscombinedwiththeBARpricepointtocalculatethetwotypesofpricesbelow:

• RoomTypeMasterUpcharge:Thedollaramount(s)addedorsubtractedfromtheBARpricingpointtopriceallotherroomtypemasters.Asanexample:ifthedefaultroomtypemasterisataBARpricepointof$79.99,thenyoumightadd$10tonon-defaultroomtypemastertopricethatroomat$89.99.

• PerPersonUpcharge:Thedollaramount(s)added(cannotbeanegativenumber)totheratevalueofeachroomtypemastertoprice2nd,3rdor4thoccupantsinaroom.

Note:Althoughsomeroomtypesunderamasterwillnotaccommodate4people,G6ROWallowsyoutoenteravalueforupto4people.However,thesystemknowsthatupchargesapplyonlytothemaximumoccupancydefinedforeachroomtypeunderthemasterassetupinHMS.

Theapplicationutilizestheconceptof“defaults”inseveralinstancesinthedesign.Adefaultgenerallymeansthesystemwillassumethevalueyouhavesetupatthepropertylevelunlessyouoverridetheamount.Youhavetheabilitytoassigndefaultsforextrapersonupchargesandroomtypeupcharges.

DefaultRoomTypeMasterEachpropertymusthaveadefaultroomtypemasteridentified(thereisonly1DefaultRoomTypeMasterforeachhotel).TheassignmentofadefaultmasterismanagedinHMS.TheDefaultRoomTypeMasteristheroomtypeorgroupingofroomtypestowhichBARpricepointsareassigned.Upchargesarethenaddedorsubtractedtocalculatethepricesofallotherroomtypemastersforthehotel.OnceapropertyhasassignedaDefaultRoomTypeMaster,changestothatassignmentcancreateunintendedpricingerrors.Ifitbecomesnecessarytochangethedefaultroomtypemaster,pleasecontactyourFranchiseRevenuemanagerforassistanceorcontactgrowsupport@g6hospitality.com.

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HowItWorks–ManagingBARandUpchargesBelowisanillustrationof“howitworks”forassigningBARandapplyingupcharges.Moredetailed“howto”explanationsareprovidedinlatersections.

OpendropdownboxtoselectaBARPricePointtoapply

Ifyouselect$65.99foryourDefaultRoom,TypeMasterof1B(equivalenttoQNS);andaddplus$5,

your1BFRoomMasterwillbepricedat$70.99.Andyou1FSTwouldbe$85.99

ExtraPersonCharges(XP)workthesamewayasRoomTypeUpcharges.Ifyouaddthedollaramount(forexamplebelowof$6,$3and$3)thoseamountswillbeaddedtotheRoomPrice.So$65.99for1person

would equate to $71.99 for 2 person (or +$6)

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RateCodesTherearetwomaintypesofratecodesinG6ROWRateAdministration,FixedandFloating.TherearetwotypesofFloatingratecodes,ConstantandVariable.

• Fixed:Aratecodeassignedaspecificorfixeddollarvaluebasedonbedtypeanddate(s).• Floating:Aratecodethatprovidesapercentoffdiscountfromafixedratecode.Thediscountforafloatingratecodecanbe

constantorvariable.o ConstantFloating:Aratecodethatreferencesafixedratecodeandhasthesamepercentagediscounteveryday.

Theseratecodeswillbeautomaticallyextendedfortheperiodthatyouhaveextendedtheassociatedfixedratecode.(i.e.,availableforsalesdatesarethesameasreferenceratecode)

o VariableFloating:Thefloatingratecodethatreferencesafixedratecodeandmayhavedifferentpercentagediscountvaluesbyday(ordayofweek).Theseratecodeswillnotautomaticallyextendfortheperiodthatyouhaveextendedtheassociatedfixedratecode(i.e.,extendingavailableforsalesdatesmustbedonemanually).

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RestrictionsRaterestrictionsallowyoutocontroltheavailabilityofratecodesforaperiodoftimethatyoudefine.G6ROWRateAdministrationoffersyoutwomethodstocontrolavailabilityofratecodes:RateCodeRestrictionsandChannelAvailabilityRestrictions.

Note:

Applyingrestrictionscanbecomplexandmaydissuadecustomersfrombooking.Usersshouldconsiderthemeritsofapplyingrestrictionscloselypriortoimplementing.

RateCodeRestrictionsThefollowingaretheavailableratecoderestrictionswithinG6ROWRateAdministration.Theseraterestrictionsapplytoallchannelswithinthedaterangeyouspecifyduringtheprocessofapplyingtherestrictiontoaratecode.

• Closed:Ratecodeisunavailablefornewreservationsorwhenextendingexistingreservations• ClosedtoArrivals(CTA):Ratecodeisunavailableforarrivalonthisdate• MinimumLengthofStay(MLOS)

CRITICALNOTE

Floatingratecodeswillalwaysinherittherestrictionappliedtothereferenceratecode.InthefirstreleaseofG6ROW,onlyclosedrestrictioncanbeappliedtothefloatingratecodeevenifthereferenceratecodeisnotclosed.AfterMay30,2016,thefloatingratecodecanhaveaCTAorMinLOSrestrictionevenifthereferenceratecodedoesnothavesuchrestriction.Inanycase,themostrestrictiverestrictionwillapply.Forexample,ifthereferenceratecodehasaMinLOSof3andthefloatingratecodehasaclosedrestriction,theclosedrestriction(beingthemostrestrictive)willtakeprecedence.

ExampleoftheWayitworksupuntil5/30/2016

IfratecodeABCisafloatingratecodeoffafixedratecode(i.e.,itisa%offthevalueofBAR)andfixedratecodehasaclosedrestriction,theratecodeABCisalsoclosed.

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ExampleoftheWayitworksafter5/30/2016

IfratecodeABCisafloatingratecodeoffafixedratecode(i.e.,itisa%offthevalueofBAR)andfixedratecodehasaMLOSrestrictionof2nights,theratecodeABCcanhaveadifferentMLOSrestrictionsuchas4nights.Ifthereferenceratecodeisclosed,thefloatingratecodeisclosedregardlessoftherestrictionyouapplytothefloating.Inallcases,themostrestrictiverestrictionapplies.

ChannelAvailabilityRestrictionsG6ROWRateAdministrationallowsyoutocontroltheavailabilityofratecodesinanyofthefollowingchannels:

1. G6Web:ThisisG6HospitalitybrandedwebsiteandanymetasearchsuchasKayakthatbookviaourBrandedwebsite.2. G6CallCenter:ThisisthecentralcallcentermanagedbyG63. G6GDS/OTA:Thisincludesthe4GDSandanyonlinetravelagencythatconnectsviatheGDS/ADS(thesearecommissionorfee

based)

RatecodesarealwaysavailableviathePropertydirectchannel(e.g.,HMS).Thereissomeimpactacrosschannelsthatareworthnoting.

Note:

IfyoucloseG6Web,GDS/OTAwillautomaticallyclose.IfyouthenopenthesameratecodeforsaleinG6Web,thesystemwillNOTautomaticallyopenthatratecodeinG6GDS/OTA.Youmustmakethatselection.

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Part3:ManagingBARPricePointsNowthatyouunderstandthebasicsofG6ROW,let’sgetstartedwithmanagingyourBARpricepoints.Thispartincludesthefollowingsections:

• ViewandAddBARPricePoints• DeleteBARPricePoints• ViewandUpdateDefaultUpcharges• ViewandAddSpecialEvents

NoteforG6ROWRevenueusers:

AddingordeletingaBARpricepointdeterminesthelistofavailableBARpricepointsyouhaveinRevenuetocreateandmanageaBARallocationplan.

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Viewing and Adding BAR Price Points

FollowthesestepstoviewyourpropertyBARpricepointsoraddanewBARpricepoint:

1. ClickPropertyPricing.

Onmobiledevices,firsttaptheHamburgericon( ).

AcalendarshowingyourcurrentsellableBARforeachday,startingwiththepast2weeks,appears.

2. ClickBARPricePoints

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3. ThelistofBARPricePointscurrentlysetupforyourpropertyappear.Youcanscrollupanddowntoseethelist.

4. ToaddanewBARpricepoint,clickAddNewPricePoint

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5. EnterthenewBARpricepointvalue

Thevaluemustbegreaterthan0.Allspecialcharactersarerestricted.Enteravaluewithtwodecimalplaces(cents),suchas59.99.

6. ClickSubmittosavetheBARpricepoint.

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7. TheBARpricepointwillappearinthelistinnumericalorder.

Ifthevaluealreadyexists,thesystemwilldisplayamessagetellingyoutheBARvalueyouenteredalreadyexists.

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Deleting a BAR Price Point

DeletingaBARpricepointremovesitfromyourlist,butitdoesnotimpactdaysinthefuturewhenthatBARpricepointisassignedassellable.IfyouwishtomodifythesellableBARforfuturedays,youneedtofindthosedaysandmanuallymodifythem.

FollowthesestepstodeleteaBARpricepoint:

1. ClickManagePricePoints

1

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2. ClicktheXnexttotheBARpricepointyouwanttodelete.

3. ClickYes,DeletePricePoint.

Note:DeletingaBARpricepointonlytakesitoutofthelistanditdoesnotupdatedaysinthefuture.

4. ClickDonetoensureyourchangesarerecorded.

3

2

4

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Viewing and Updating Default Upcharges

Followthesestepstoviewdefaultroomtypemasterupchargesforyourproperty:

1. ClickPropertyPricing

Onamobiledevice,firsttaptheHamburgericon( ).

2. ClickDefaultUpcharges

1

2

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3. Thedefaultroomtypemasterandperpersonupchargesappear.Thedefaultroomtypemasterwillalwaysbelistedfirst.

4. Thenon-defaultroommasterupchargesalsoappear

5. ClickEditbelowtheupchargeyouwanttomodify

3

4 5

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6. EntertheappropriateupchargeintheRoomTypeMasterandPerPersonfields.

7. ClickSubmitEditstosavethechanges.

8. Thesystemwilldisplayawarningmessage.Selecttheoptionthatworksforyou:

• ToSaveandApplychangestoDefaultsandtoallfuturedayswithoutoverrides,clickApply.

• ToSafeDefaultsandnotapplytofuturedays,clickSaveOnly.

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Viewing and Adding Special Events

Followthesestepstoaddspecialevents:

1. ClickPropertyPricing

Onamobiledevice,firsttaptheHamburgericon( ).

2. ClickSpecialEvents

3. ClickCreateEvent

1

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4. EntertheNameofthespecialevent,suchasSuperBowl.

5. EnteraDescriptionoftheevent.

6. SelecttheStartDateandEndDate.

7. ClickSubmitEdits.

4

5

6 6

7

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8. G6ROWdisplaysasuccessmessage.

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Managing BAR

Thereare4waystomanageBARpricing.

• CalendarSingleDay:Usethistopriceasingledayorseveraldays.• WeeklySummary:Usethiswhenyouhavemultipleweeksthatfollowthesamepricingpattern.• AddNewPricing:Usethiswhenyouhavelongerperiodstoprice.• RapidEntryPricing:Usethistopriceasingledayorseveraldaysatatimeandifyouwanttoalsomodifyotherratecodes,

restrictionsandpolicies.

OnceyouhavedeterminedwhatBARpricepointyouwanttoassignassellableforaselectperiod(s),youcanmanagesingledays,applyweeklypatternsorenteruserassigneddateranges.Youcanapplydefaultupchargesoroverridethosedefaultvaluesforanyofthedays/rateswithintheselectedperiod.

Note:

Ifyouareusinga“pattern”ofupcharges,thevaluesyousetforyourupchargesforanygivendaywithinyourpatternwillrepeatforthatsamedayofweekacrossyourpricingplandates.Forexample,ifyouchoosetooverridetheroomtypemasterupchargefor2BforTuesday,theneveryTuesdaywithinthedaterangeofyourpricingplanwillcarrytheoverride.

Note:

IfyouneedtopriceadayorperiodoftimewithaBARpricepointthatisnotavailableonyourlistofBARpricepoints,youmustaddtheBARpricepointtoyourpropertylistandthenselectitfortheday/periodoftime.

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CalendarSingleDay

1. ClickPropertyPricing

2. Selectthedateusingthedateselectororthearrowsnexttothedates

3. ThePropertyPricingcalendarshowsBARpricingandoverridesfor35days,aswellasaweeklysummaryofthesefiveweeksbelowthecalendar.

4. Ifyouhavemadeoverridestotheupcharges,oneormoreiconswillappearonthedate.

RoomTypeUpcharge

PerPersonUpcharge

5. UnderWeeklySummary,youcanseebyweektherangeofsellableBARpricepointsyouhaveappliedandifthereareanyoverridestoupchargesduringthatweek.Youcanseetheactualvaluesbyclickingonthepencilicon.(SeeWeeklySummarySectionfor“HowtoInstructions”)

ModifySingleDay

2

4

2

1

5

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1. Clickthedayyouwanttomodify

2. SelecttheBARValueyouwanttouse.

3. Toupdateanupcharge,clickOverride.

3

2

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4. Clicktherateyouwanttooverrideandtypeinthenewoverridevalue.

5. Toreturnanyoftheupchargestodefault,clickthecheckboxundertheoverriddenrateandclickReturntoDefault.

6. ClickDonetokeepthechangestotheupcharges.4

5

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7. ClickSubmitAllEdits.

8. Thesystemdisplaysaconfirmationmessageindicatingyourchangesarecomplete.

7

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WeeklySummaryYoucanclonepricingfromoneweektootherweeksfromtheWeeklySummary.Youcanthenoverridepricingorupchargesasneeded.YoucanonlyselectaweeklysummarywhereALLdaysareinthefuture.Youcan’tcloneaweekwithapastday.

1. ClickPropertyPricing.

2. ClickthepencilnexttotheweekintheWeeklySummaryareathatyouwanttocopy.

3. Alternatively,youcanusethedateselectortofindaweeklysummarythatmatchesthepricingplanyouwanttoreplicate.

1

2

3

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4. Tomodifyadaterange,selectthestartandenddates.

5. ToselectadifferentBARpricepointforspecificdays,clickthedaysyouwanttochange.

6. Selectthepricepointtoapplytotheselecteddays.

Ifneeded,selectotherdaysandapplyadifferentpricepoint.

7. Reviewandupdateupchargesasneededbydayofweek.Ifyouneedtomakechanges,usethesamestepsasshownhere.

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8. ClickModifyPricing

9. Aconfirmationmessagewiththedaterangewillbedisplayedifthechangesgothrough.

8

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AddNewPricing

1. ClickPropertyPricing

2. ClickBARCalendar

3. ClickAddNewPricing.

1

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4. SelecttheStartandEndDateswithinthesellabledaterange.

5. Clickontheday(s)oftheweekyouwanttoprice.

6. SelecttheBARpricepointtoapplytothosedaysfromthelistofavailableBARpricepoints.

Note:Youcanalsoupdateupcharges.Thesystemwillshowthepropertydefaultsuponlanding.

4

5

4

6

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7. ClickModifyPricing.

Note:IfwhenaddingBARpricingyouomitdaysandcreateagapinpricing,youwillreceiveamessagelettingyouknowthatyoucan’tproceedwithoutaddingpricestocontinuousdays.

8. IfyouhavevariablefloatingratecodesassociatedtoBAR,youwillreceiveamessageshowingtheseratecodes.YoucanclickViewRateCodestoviewandmodifythosepricinggaps.

7

8

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Extending BAR Pricing Beyond Existing Dates and Impact on Floating Rate

Ifyouchangetheavailableforsaledatesofareferenceratecode(BARincluded),theassociatedvariablefloatingratecodesmighthaveapricinggapbecauseG6ROWwillnotassumewhatpercentageoffyouwishtochargeforthevariablefloatingratecode.Ifthishappens,G6ROWwillnotifyyouofallaffectedratecodeswithpricinggapsandwillhighlightthosegapsintheratecodepage(inasalmoncolor)

Also,ifyouaregettingclosetodayswhenpricesarenotsetupforyourpropertyforBAR,G6ROWwillnotifyyouinthePropertiespagesothatyoucantakeaction:

• Pink:BARhasdayswithoutpricesinthenext90Daysfromtoday’sdate• Red:BARhasdayswithoutpricesinthenext30daysfromtoday’sdate

Constantfloatingratecodeswillbeextendedautomaticallywhenyouextendtheavailableforsaledaterangeofthereferenceratecode.Thevaluewillbethecurrentvalueoftheconstantfloatingratecode.

ToextendBARpricingbeyondexistingdates,useanyofthemethodsidentifiedaboveforchangingBARandaddpricingforthenewdays,startingwiththedaynexttothelastdaypriced.

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Viewing Property Pricing Report

WithinG6ROWRateAdministration,youcanviewpastorfuturepricingplansforanyratecode.Thisreportisnotavailableviamobiledevices.

1. ClickonPropertyPricingReport

2. Selectaratecode

3. Enterthedaterangeforwhichyouwishtoseethepricingplan

4. Selectwhichraterestrictionsyouwanttosee

5. Selectwhichroomtypeand/orperpersonupchargesyouwanttosee

6. Selectifyouwanttoseethecancellationandguaranteerequirements

7. ClickViewOnscreentoseethedataonthescreen.

8. Ifyouwishtodownloadthereporttoexcel,ClickDownloadReport.Youmustclickviewonscreenfirst.

1 3

4

2 3

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9. Thepricingreportshowsadailyviewofthepricingplan,includingrestrictions,guaranteeandcancellationpoliciesanddailyratesandupchargesforeachroomtype.

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Part4:ManagingRateCodes

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Managing Rate Codes

Therearetwomaintypesofratecodes,FixedandFloating.Therearetwotypesoffloatingratecodes,ConstantandVariable.Formoredetailsonratecodes,seeRateCodes.

Thispartincludesthefollowingmainsections:

• CreatingaNewFixedRateCode• ModifyingaFixedRateCode• CreatingaNewFloatingRateCode• ModifyingaFloatingRateCode• AssigningRateRestrictions

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Fixed Rate Codes

Afixedratecodeisassignedaspecificdollarvaluebasedonbedtypeanddate(s).Theymayalsobeusedasareferenceforfloatingratecodes.

Example:

• FixedratecodeforABCcompanyis$53.99.• ABC2isaconstantfloatingrateforABCcompany,andthediscountis10%offtheABCrate.

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Creating New Fixed Rate Codes

Followthesestepstocreateanewratecode:

1. ClickRateCodes.

2. ClickCreateRateCode.1

2

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3. EntertheRateCodeName.

Note:EachRateCodeNamemustbeuniqueandislimitedtoamaximumof8alphanumericcharacters.

4. SelectRateCodeType:Fixed.

5. SelectRateCodeSegment

• Premium–FullPriceequalto,andincluding,BAR

• Discount–anypubliclyavailable%offrateoranyfixedratelessthanBAR

• Corporate–anynegotiatedrateoffer

• Group–anynegotiatedrateofferthatincorporatesablock

• Extended–anyrateofferthatcarriesaminimumlengthofstaythatisnotBAR

• Comp–zerorevenuerooms

6. ClickContinue.

3

4

5

6

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7. SelectSettings:SellableChannels,Commissionable,CorporatePlus,LastRoomAvailable(LRA)

Selectwhichchannelsyouwanttoenabletheratecode.

Currently,youcanselecttosellratecodeviaCRS.PropertyDirectismandatoryandpre-selected.

7

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8. SelectONifyouwanttomaketheratecodecommissionable.

9. SelectONifCorporatePlusDiscount(CP)isrequiredtobookthisratecode.

10. SelectONifthisratemustbealwaysavailable.Note:thisisnotcurrentlyenforced.Useitforyourinformationwhenapplyingrestrictions.

11. ClickContinue

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12. SelectRoomsDetails:RoomTypeMaster,RoomType

Note:YoucandeselectRoomTypeMastersorRoomTypesbyclickingonit.Youmusthaveatleastoneroomtypemasterselectedwithatleastoneroomtype.

Warning:ifyoudon’tselectthedefaultroomtypemasterforyourproperty,thepricesyouenterareaddedtotheroomtypemasterupchargetocalculatetheroomtyperate.

13. ClickContinue

12

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14. SetPricingDetails:AvailableforSaleDates

AvailableforSalereferstothedateswhenaguestcanbookthisratecode.Youmayhavedifferentpricingpatternswithintheavailableforsaledates.

Toavoidgapsinpricing,makesurethatyoupriceeverydaywithintheavailableforsaledates.

Note:Iftherearepricinggaps,thesystemwilldisplayamessageindicatingthatthereisapricinggap.

Thesystemkeepsthefirstdateyouentered.Youmustre-entertheenddateagain.

14

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15. SelecttheStartandEndDatesforthenewpricing.

16. Clickonthedaysandenteravalue.Youmayhavedifferentvaluesperday.

17. ClickOverridetooverridetheupchargesifneeded.

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16

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18. ClickAddNewPricingifyouwanttocreatepricingforanothertimeperiodwithintheoverallAvailableforSaledates.

Note:ItiscriticalthatyouassignpricingforalldatesintheAvailableforSaletimeperiod.Otherwise,youwillcreategapsinyourpricingandyourratewillnotbeavailabletosellondayswhenyouhavegaps.

19. ClickReview.

20. ClickCreateRateCodeonceyouaredonepricingallyourdayswithintheavailableforsaledates.

20

18

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21. Thesystemshowsamessageindicatingyousuccessfullycreatedpropertypricingforthedaterange.

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Modifying a Fixed Rate Code

Whenmodifyingafixedratecode,youcanchangethevaluesyouhavepreviouslyassigned.Youcannotchangethefollowingsettingsonceyouhavecreatedthefixedratecode:

• Theratecodename• Thetypeofratecode(i.e.,changingtheratecodefromfixedtofloating)

Ratherthangoingthroughallsettingsoftheratecode,youcanchoosethesectionthatcontainsthedatayouwishtomodifyandaccessthatsectiondirectly.

Note:

YoucanmodifytheAvailableforSaledatesforafixedratecode.Ifyouareextendingtheavailableforsalesdatesofyourfixedratecode,thenyoumustpriceeachdayintheextendedperiod.

Ifthefixedratecodehasfloatingconstantratecodesassociatedtoit,thesystemwillautomaticallyextendthepricingoftheconstantfloatingratecodestocovertheadditionaldays.

Ifthefixedratecodehasvariablefloatingratecodesassociatedtoit,thesystemwillalertyouofthefloatingvariableratecodesandguideyoutothesectionwhereyoucanenterpricingfortheextendeddays.

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Floating Rate Codes

Floatingratecodesderivetheirvaluesbyreferencingfixedratecodesandareeitherconstantdiscountsorvariablediscounts.

• ConstantFloatingRateCodeso Thepercentagediscountfromthereferenceratecodeusedtocalculatethevalueofthisratecodeisthesame(i.e.,

constant)everyday.o Example:RateCodeABCisalways10%offBAR

• VariableFloatingRateCodeso Thepercentagediscountfromthereferenceratecodeusedtocalculatethevalueofthisratecodecanvarybyday

and/ordaterange(i.e.,variable).o Example:RateCodeXYZis10%offBARduringtheweekdaysand8%duringtheweekends.

Youcanchooseanyfixedratecodeasthereferenceratecodeforafloatingratecode.Thefloatingratecodeinheritsthefollowingdatafromthereferenceratecode:

• Availableforsaledates• Roomtypemastersandroomtypes• Roomtypeandperpersonupcharges

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Creating a New Floating Rate Code

Youcancreateconstantandvariablefloatingratecodes.

1. ClickRateCode

2. ClickCreateRateCode1

2

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3. EnterRateCodeName

Note:EachRateCodeNamemustbeunique.TheRateCodeNameisrestrictedtoamaximumof8alphanumericcharacters.

4. SelectRateCodeType:Floating

5. SelectReferenceRateCode.

3

4

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6. SelectRateCodeSegment

7. ClickContinue.

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8. SelectSettings:SellableChannels,Commissionable,CorporatePlus,LastRoomAvailable(LRA)

Selectwhichchannelsyouwanttoenabletheratecode

Currently,youcanselecttoselltheratecodeviaCRS.PropertyDirectismandatoryandpre-selected.

8

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9. SelectONifyouwanttomaketheratecodecommissionable

10. SelectONifCorporatePlusDiscount(CP)isrequiredtobookthisratecode

11. SelectONifthisratemustbealwaysavailable

12. ClickContinue

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13. ReviewtheRoomTypesselected.Youmaydeselectroomtypesifneeded.

Note:Sellableroomtypesforthefloatingratecodearethesameasthoseforthereferenceratecode.

14. ClickContinue

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15. SelectthetypeofFloatingRateCodeType:ConstantorVariable.

16. ForConstantFloatingratecodes,enterthepercentageoffintheRateCodePercentage.

Note:AvailableforSaledatesarepre-populatedbasedontheReferenceratecodeselected.

16

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17. ForVariableFloatingratecodes,entertheStartDateandEndDateandthepriceforeachdayoftheweek.

18. Forfloatingvariableratecodesonly:ClickAddNewPricingifyouwanttocreatepricingforanothertimeperiodwithintheoverallAvailableforSaledates.

Note:ItiscriticalthatyouassignpricingforalldatesintheAvailableforSaletimeperiod.Youwillnotbeabletocreatetheratecodeiftherearepricinggaps.

19. ClickReview

11

19

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20. ClickCreateRateCode.

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Modifying a Floating Rate Code

Therearecertainitemsyoucanchangeonafloatingratecode,includingthereferenceratecode.Thereareselectitemsthatcannotbemodifiedforafloatingratecode(constantorvariable):

• RateCodeName• RateCodeType• RoomTypes• AvailableforSaledaterange

Tochangeafloatingratecode,changetheappropriatesection(s)intheratecodesection.

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Viewing Pricing for Fixed and Floating Rate Codes

TheRateCodesSummaryPagedisplaystheentirelistofRateCodesthatyouhavecreated.

Followthesestepstoviewpricingforfixedandfloatingratecodes:

1. ClickRateCodes.

2. TheentirelistofRateCodesthatyouhavecreatedappearsinthefollowingorder.

• BARratecodesandfloatingratecodesthatlistBARasitsreferenceratecode(inalphabeticalorder).

• Fixedratecodeslistedalphabeticallyandfloatingratecodesthatreferencesthatfixedratecode

3. TheAvailableforSaledatesshowthedateswhenthatrateisavailable.

4. Ifaratecodehasapricinggap,itwillbehighlightedinpink.Youshouldaccessthatratecodeandfillinthegapsinpricingtoensurethattheratecodeissellableasyouexpect.

5. ThenumberofratecodeswithpricinggapsisnotedwithanumbertotherightofRateCodesonthenavigationmenu.

6. Toseeratecodesthathaveavailableforsaledatesinthepast,clickShowinactiveRatecodes.

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Viewing Fixed Rate Pricing Variances

GROWprovidesagraphicalpricingvariancereportforfixedratepricing.Followthesestepstoviewthefixedratepricingvariances:

1. ClickRateCodes.

2. SelecttheRateCodeyouwanttoview.

3. AdjusttheStartandEndDatesasneeded.

4. TheratecodeyouselectedshowsthepricingvariancerelativetoBAR.

5. Todownloadthereport,clickDownloadReport.

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Assigning Rate Restrictions

Youcanassignraterestrictionstoaratecodeforasingledayormultipledays.

Youwillseethefollowing“shading”ordesignintheapplicationtorepresentthetypeofrestriction.

Shading TypeofRestriction

NoRestriction

RestrictionthatisassignedtoaFloatingRateCode

Closed

ClosedtoArrival(CTA)

MinLOS(thenumberindicatestheminimumnumberofdays)

Note:

Ifaraterestrictionisspecificallyassignedtothefloatingratecode,thatrestrictionwillbehighlightedwithapalebluebox( ).Otherwise,thefloatingratecodeinheritstherestrictionassignedtothereferenceratecode.

Restrictionsthatareappliedtothereferenceratecodewillapplytothefloatingratecode.Forexample,ifyoucreateafloatingratecodethatreferencesExt7(aratecodethatalwaysrequiresa7nightminimumlengthofstay),anyfloatingratecodethatreferencesExt7willalsocarrythisrestriction.However,youcanapplyarestrictiontothefloatingratecodedirectly.Therestrictionthatisthemostrestrictivewillapply.Forexample,ratecodeABCisafloatingratecodeofExt7andExt7hasa7nightminimumlengthofstay.IfyouapplyaClosedrestrictiontoABC,thatisamorerestrictiveactionanditwilltakeprecedenceover7MinLOS.

Inorder,themostrestrictiverestrictionsareClosed,ClosedtoArrivalandMinLOS.

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Assigning a Rate Restriction to a Rate Code for a Single Day

Followthesestepstoaddaraterestrictiontoaratecodeforasingleday:

1. ClickRestrictions.

2. Changethedaterangeifneededusingthedateselector

3. Clickthedateyouwanttochange.

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4. SelecttheRestrictionType.

5. IftherestrictionisMLOS,entertheNumberofDays.

6. ClickSubmitEdits.

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Assigning a Rate Restriction to a Rate Code for Multiple Days

Followthesestepstoaddaraterestrictiontoaratecodeformultipledays:

1. ClickRestrictions.

2. ClickAddRestriction1

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3. SelecttheRateCode(s)youwantthisrestrictiontoapplyto.

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4. SelecttheRestrictionType.

5. IftherestrictionisMinLOS,entertheNumberofDays.

6. SelecttheStartDateandEndDate.

7. ClickCreateRestriction.

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Viewing the Distribution Controls Report

Followthesestepstoviewtherestrictionsappliedtoyourratecodes.

1. ClickRestrictions.

2. SelectDistributionControlReport.

3. SelectaRateCodeorallratecodestoviewrestrictions.

4. SelecttheStartDateandEndDateforthereport.

5. Selecttherestrictionsyouwanttoview.

6. SelectViewOnscreentoviewthereport.

Theonscreenviewwilldisplaytheselectedratecode(andanyfloatingratecodethatusesthatratecodeasareference)andtherestrictionbyday.Ifnorestrictionsareappliedduringtheselecteddaterange,thescreenwillnotdisplaydata.

7. OnceyouhaveclickedViewonscreen,youcanchoosetodownloadthereporttoexcelbyclickingonDownloadReport.

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Part5:ManagingPropertyPolicies

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Working with Property Policies

YoucansetCancellationandGuaranteeRequirementsfromtheG6ROWPropertyPolicies.

• CancellationPolicies:allowsyoutoselectatimeframeforcancellingreservations.ThetimeframesaresetinCRSmainandcannotbechangedinG6ROW.Optionsare0,24,48,72and96hours.Thedefaultis24hours.

• GuaranteeRequirements:allowsyoutosetaguaranteerequirementforareservation.Thedefaultisnoguarantee.

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Setting Cancellation Policies

Followthesestepstosetcancellationpolicies.

1. SelectPropertyPolicies.

2. SelectCancellationPolicy

3. SettheStartandEndDateswhenyouwantthepolicytoapply.

4. Selectthedayswithinthattimeperiodforthecancellationpolicy.

5. Selectthecancellationpolicy.

Note:thelistofcancellationpoliciesismaintainedoutsideofG6ROW.Formoreinformation,contactyourFranchiseRevenueManager.

6. ClickApplyPolicy.

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Setting Guarantee Requirements

Followthesestepstosetguaranteerequirements.

1. SelectPropertyPolicies.

2. SelectGuaranteeRequirements.

3. SelecttheStartandEndDateswhenyouwanttherequirementtoapply.

4. Selectthedayswithinthattimeperiodforthemethodofguarantee.

5. Selectwhetheramethodofguaranteeisrequired.

6. ClickApplyPolicy.

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Part6:RapidEntryPricing

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Working with G6ROW Rapid Entry Pricing

RapidEntryPricingenablesyoutoquicklyviewandmodifyallratecodes,restrictionsandpoliciesbydayona28-dayview.

Note:

Rapidentryopensonanewtabinyourbrowser.Onceyouhavecompletedyourchanges,closethescreen.

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Rapid Entry Pricing Navigation

Youcannavigateusingyourmouseorusingthefollowingkeysonyourkeyboard:

• Tab:Movesright• Shift-Tab:Movesleft• ArrowUp:Movesup• ArrowDown:Movesdown

IMPORTANT:

Allchangesinthevisible28-daydaterangemustbesavedbeforeyoucanmovetoadifferentdaterange.

Uponlanding,RapidEntryshowstheBARvalueforallroomtypemaster,dailypropertypoliciesandBARrestrictionsfora28-dayview,startingwithcurrentweek.

Youcanexpandtheviewtoseethefollowingdata:

• ViewallUpcharges:Whenselected,showstheperpersonupchargesforeachroomtypemaster.• ViewCalculatedValues:Whenselected,showstotals(roomchargeplusupcharges).• OtherRatecodes:Showstherestofyourratecodes,startingwiththefloatingratecodesreferencingBARandthenthefixed

ratecodesandassociatedfloatingratecodes.

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Changing Pricing with Rapid Entry Pricing

FollowthesestepstoupdatepricingwithRapidEntryPricing:

1. Clickthedayyouwanttoupdate.

2. TomodifyBAR,selecttheBARpricefromthedropdownlist.

3. Tochangeanupcharge,clickthevalueyouwanttochangeandtypeinthenewvalue.

4. Selectthecancellationdropdownandselectthenumberofhours.

5. ClickYesorNotorequireaguarantee

6. TomodifyratecodesotherthanBAR,clickViewAllRateCodes.

7. Selecttheratecodeandmodifyit.

• IfyouareupdatingaFixedRateCode,onlytheRestrictionsfieldsareeditable.

• IfyouareupdatingaFloatingRateCode(ConstantandVariable),allfieldsareeditable.

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RevenueOptimizationUserGuide

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Key Components

TherearethreekeycomponentsintheRevenueOptimizationplatform:

• G6ROWRevenueBusinessIntelligence:Providestheuserwithpastandfuturepropertydatatohelpunderstandtheperformanceoftheproperty,pricingdatafromcompetitors,andmarketperformancedata.

• G6ROWRevenuePricing:Providestheuserwiththeabilitytosetrulesthatautomatethepricingandavailabilityofpropertyrates.

• G6ROWRevenueNotifications:Providestheusertheabilitytosetupnotifications(text/emailand/oronscreen)tokeeptheuserinformedonchangesoreventsthatmattertotheuser.

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Part1:G6ROWBusinessIntelligence

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Overview of Business Intelligence in G6ROW

ThedataavailableviaG6ROWenablesyoutogainabetterunderstandingofnotonlyyourpastperformancebutalsowhatfactorsareinfluencingyourfutureperformance.WithinG6ROWRateAdministration,youcanaccessreportstohelpyouviewyourproperty’spastand/orfuturepricingplans.G6ROWRevenueenhancesthebusinessintelligenceyouwillneedtooptimizeyourproperty’srevenuebyofferingyouseveraladditionalfeatures.

Thefollowingtabledetailsthebusinessintelligencefeaturesavailableineach.

G6ROWRateAdministration G6ROWRevenue

PricingReport:Byratecodebyday:ratevaluebyroomtypeandoccupant,andraterestrictions.Dailypropertycancellationpolicyandguaranteerequirement.

Propertyperformanceindicatorssuchasoccupancy,achieveddailyrate,RevPAR,andaviewofyieldableinventoryatapropertyleveloratportfoliolevel

RestrictionReports:Byratecodeorforallratecodes,aviewofraterestrictionssuchasMinLOs,Closed,andClosedtoarrival.

Publishedwebratevaluesofyourkeycompetitors[Note:competitorsaredefinedbyyouandwebratesareshoppedregularlytokeepyouinformed])

FixedRateVarianceReport:Bydaterange,theratevalueofanyfixedratecode.

SmithTravelReportbenchmarkingyourpropertyperformanceagainstthemarket’sperformance

Variousviewstokeepyouinformedofwhatdrivesorinfluencesyourperformance.

• BookingWindow–viewofwhenreservationsonthebooksarrivedincludingstayovers

• RateCodeSales–performancebyratecodeandratesegment

• RoomTypesSold–performancebyroomtype

• DistributionChannels–performancebydistributionchannel

• InventoryStatus–dailyviewofyieldableinventoryasaresultofroomssold,roominoverbookingand/oroutoforder

• Reservations–listofreservationswithinarrivaldaterange

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• Note:Thebusinessintelligencerelatedtoyourpropertyperformanceisupdatedalmostimmediately,soasreservations,cancellationsandratevaluechangesoccur,yourdatawillstayuptodate.

• Thecompetitiveandmarketinsightsareupdatedregularlyasdatabecomesavailable.Youarealsoabletolookathistoricaldatatounderstandtrends.

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Understanding Property Key Performance Indicators

WhenlookingatthePropertyKeyPerformanceIndicators,keeptheseinmind:

• Dateselectorattopofthepage:Usethedateselectortochangewhichday’sperformancesummaryyouview,currentorfuture.

• Lastupdatedsectionattoprightcorner:showswhenthepropertyperformancedatawaslastupdated.

PerformanceSummary:PerformanceSummaryoffersvarioussectionstohelpyouunderstandhowthepropertyisperformingonanygivenday(currentorfuture).

1. Sold:thenumberofroomssold

2. Yieldable:thenumberofroomsavailabletosell(physicalminusoutoforderminusmanagerholdplusoverbooking)

3. PhysicalCount:numberofroomsataproperty

4. RoomsRemaining:numberofroomslefttosell(yieldable–sold)

5. OutofOrder:thenumberofroomsplacedinoutoforderstatus

6. Overbooking:thenumberofroomsplacedinoverbooking

7. ManagerHold:thenumberofroomsplacedinManagerHold

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Segmentation:Segmentationshowsthepercentageofyieldableinventorythathasbeensoldineachofthevariousratesegments.

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CompetitorWebRatesCompetitorWebRatesincludesalistofcompetitorsthatyouhaveidentifiedforyourpropertyandtheratesthosecompetitorshavepublicallypublished.Theratespresentedhereareprovidedbyathirdpartyandarerefreshedbasedonaregularschedule.

1. Competitorwebrates

2. Thelasttimecompetitivewebshopdatawasupdated.

Note:

Competitorratesareshoppedfrequently,soitisimportanttolookattheCompetitorDatalastupdatedtimestamptounderstandhowrecentlythedatawasupdated.

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KeyPerformanceIndicators:TheKeyPerformanceIndicatorsshowstheaveragedailyrate,bookedoccupancypercentage,achievedrevenueperavailableroom,andrevenuebookedwithcomparisontosametimelastyear(STLY)foreachofthesedatapoints.Notethatthesestatisticsarebasedontheyieldableinventory.

Note:

STLYisthenumberachievedfortheindicatorasofendofdayofsamedaylastyear.

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BARAllocationPlanTheBARAllocationPlanshowsthevariousBARpricepointsthatareavailableforthegivenday.

1. Thepercentageofyieldable

inventoryyouhaveselectedtosellattheBarPricepoint(akaallocation)

2. ThenumberofroomsyouhaveselectedtosellattheBARpricepoint

3. Thenumberofroomslefttosellfromtheallocation

4. LeadTime:ShownbelowtheapplicableBARpricepoint,itindicateshowmanydayspriortoarrivaltheBARpricepointbecomesthesellableBARpricepointifthepropertyhasnotreachedityet.

Note:

ThecurrentlysellableBARpricepointishighlighted,aswellasthelastsellableandnextsellableBARpricepoint.

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PerformanceSummaryViewThePerformanceSummaryViewisaday-by-dayviewfortheweek.

1. Startingwiththeselecteddate,thisscreenshows7daysofthefollowing:onthebooksoccupancy,onthebooksaveragedailyrate,andsellableBARforeachday.

2. Thisviewallowsyoutoquicklyglanceatthetrendbydaywithina7-dayperiodofthesekeyindicators.

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PropertyPerformancePropertyPerformanceisadailyviewofkeyperformanceindicatorsformultipledaysatatimewithacomparisontosametimelastyear.Ifyouareaccessingviadesktop,theviewshows13daysatatimeandincludestheoptiontomovebackandforwardtoseeotherdays.

Note:

Ifyouareaccessingviamobile,youwillseeonedayattime.

KPIsSection

1. StartDate:selectadateinthepastorfutureandtheviewwillshowtheselecteddateplusthe6dayspriorand6daysaftertheselecteddate

2. Performancedatalastupdated:thedayandtimewhenpropertyperformancedatawaslastupdated

3. Foreachofthefollowingindicators,G6ROWshowstheonthebooksamountandthedifferencefromcloseofdayofsametimelastyear

• Percentageofphysicaloccupancy• ADR,Occupancy• RevPar• Revenue

ItthencomparesthecurrentnumberstoSTLY.Thedeltasymbol(D)indicatesthedifferencebetweenthisyearandlast.

Note:Thisreportdoesnotincludeoccupancy,ADR,RevParorRevenuedeltaforanyfuturedays.

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Note:

Ifyouarecomparingtodayoranydayinthefuture,thedeltawillnotshowsinceyouarestillsellingtheproperty.Thedeltaisonlyrelevantwhenyouarelookingatpastdays.

InventorySection

• Physical:numberofphysicalroomsatproperty

• Yieldable:numberofroomsavailableforsale

• Remaining:numberofroomslefttosell(yieldable–sold)

• GroupBlocks:numberofroomsassignedtogroupblocks

• GroupPickup:totalnumberofreservationsbookedfromthetotalgroupblocks

Note:

Thenumberofroomsingroupblockdoesnotimpactthenumberofroomsremainingtosell.Thenumberofroomsingrouppickupdoesaffecttheremainingnumber.Inotherwords,remaininginventoryforsaleisimpactedbybookedreservationswhethertheyaregroupreservationsornot.

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1. SellableBAR:YoursellableBARpricepoint

2. Listofcompetitorsinthewebshoppingserviceandtheirpublishedrate

3. Competitorrateslastupdated:Showsthedateandtimewhenthecompetitiveratedatawaslastupdated.

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Understanding Property Insights

G6ROWRevenueoffersmultipleviewsthatshowtheunderlyingdatabehindyourproperty’skeyperformanceindicators.

• BookingWindow

• RateCodeSales

• RoomTypesSold

• DistributionChannels

• InventoryStatus

• Reservations

• Overview

Theseviewsallowyoutobetterunderstandhowyourpricingandyieldingdecisionsimpactthedemandandbookingbehaviorofyourguests.

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BookingWindowThebookingwindowviewshowswhenthearrivalsforagivendayordaterangewerebooked.Thisreportshowsonlyarrivals(orreservationscheckinginontheday).Stayoversorextensions(unlesstheyarecreatedasnewreservations)arenotshownonthisview.Thisviewismeanttohelpyouunderstandtheimpactofyourplanonthedemandfornewarrivals.

1. StartandEndDate:enterthedaterangeforthearrivals

2. PropertyBookingwindowshowswhenonthebooksreservationswithinthedaterangeyouhaveselectedarrived:

• ArrivalDay:showsthereservationswithindatarangethatwerebookedandarrivedsameday.

• 1to3days:showsthereservationsthatwerebooked1to3dayspriortoarrival.

• 4to7days:showsthereservationsthatwerebooked4to7dayspriortoarrival.

• 8to14days:showsthereservationsthatwerebooked8to14dayspriortoarrival.

• Morethan14days:showsthereservationsthatwerebookedmorethan14dayspriortoarrival.

3. Stayovers:Showsthereservationsthatareinhousebutwerebookedandarrivedpriortoselecteddaterange.

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Thissectionshowsthepercentageofarrivalsbookedwithineachbookingwindowforeachchannel.

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Thissectionshowsthepercentageofarrivalsbookedwithineachbookingwindowforeachratesegment.

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G6ROW User Manual DayofWeekPercentageofArrivals

Thissectionshowsthepercentageofarrivalsbydayofweekandbybookingwindow.

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RateCodeSalesEachreservationbookedatyourpropertyhasaratecodethatisassignedtoaratesegment.RateSegmentsarethereforeagroupingofsimilarratecodes.Whencreatingaratecode(inRateAdministration),youdecidetheratesegmentassignmentforeachoftheratecodesatyourproperty.

1. StartandEndDate:enterthedaterangeforwhichyouwanttoanalyzeperformancebyratesegment

2. Theavailableratecodesegmentsare:

3. Premium

4. Discount

5. Corporate

6. Group

7. Extended

8. COMP

9. Forcedincludesanyreservationthatwasbookedunderanotherratecode,buteitheratbookingtimeorcheckintimetheratevaluewasmanuallyoverwritten

10. General

11. Thistopsectionshowsyoutheoccupancypercentage,averagedailyrateandpercentageofrevenuebookedduringyourselecteddaterangeforeachratesegment

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TheRateCodePerformanceDetailsviewshowsperformancebyratecodewithineachratesegment.

1. RoomssoldandRoomsSoldVar:selectedperiodroomssoldminusroomssoldasofendofdaysametimelastyear

2. BookedADRandADRVar:selectedperiodADRminusADRasofendofdaysametimelastyear

3. OccupancyContribution:percentageofoccupancybookedfortheratecode

4. RevenueContribution:percentageofrevenuebookedfortheratecode

5. TotalRevenueandRevenueVariance:selectedperiodrevenueminusrevenueasofendofdaysametimelastyear

Note:

Ratecodesarelistedinalphabeticalorderwithinthesegment.

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DayOfWeekAverageOccupancyContributionshowsthepercentageofroomsbookedbyeachsegmentbydayofweekwithintheselectedperiod.

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RoomTypesSoldEachreservationbookedatyourpropertyisbookedforaroomtype.Eachroomtypeispricedbasedonaroomtypemaster.

Thisviewallowsyoutoseethedemandforeachoftheroomtypemastersandroomtypeswithinyourproperty.

1. StartandEndDate:enterthedaterangeforwhichyouwanttoanalyzeperformancebyroomtypemaster

2. Thistopsectionshowsyoutheoccupancypercentage,averagedailyrate,andpercentageofrevenuebookedduringyourselecteddaterangebyeachofyourroomtypemasters

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G6ROW User Manual RoomTypePerformanceDetailsTheRoomTypePerformanceDetailsshowsthefollowingforeachroomtypemasterandroomtype,basedontheselectedstartandenddates:

1. RoomsSoldandRoomSoldVar:roomssoldminusroomssoldasofendofdaysametimelastyear

2. BookedADRandADRVar:ADRminusADRasofendofdaysametimelastyear

3. OccupancyContribution:percentageofoccupancybookedforeachroomtype

4. RevenueContribution:percentageofrevenueforeachroomtype

5. TotalRevenueandRevenueVariance:revenueminusrevenueasofendofdaysametimelastyear

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G6ROW User Manual DayofWeekAverageOccupancyContributionDayofWeekAverageOccupancyContributionshowsthepercentageofroomsbookedforeachroomtypemasterbydayofweekwithintheselectedperiod.

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DistributionChannelsEachreservationbookedatyourpropertyoriginatesfromadistributionchannel.Atahighlevel,G6ROWtrackstheproductionthatoriginatesfromthesemaindistributionchannels:

• PropertyDirect:reservationsbookedattheproperty• G6Web:reservationsbookedviaG6brandedwebsiteandpartnerssuchasKayak,GoogleandTripAdvisor• G6CallCenter:reservationsbookedviatheG6centralreservationoffice• OTAs:reservationsbookedviaonlinetravelagenciessuchasExpediaandBooking.com• GDS:reservationbookedviatraditionaltravelagents

1. StartandEndDate:enterthedaterangeforwhichyouwanttoanalyzeperformancebydistributionchannel

2. Thistopsectionshowsyoutheoccupancypercentage,averagedailyrate,andpercentageofrevenuebookedduringyourselecteddaterangeviaeachofthedistributionchannels

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TheChannelPerformanceDetailsviewshowsthefollowingforeachofthedistributionchannels,basedontheselectedstartandenddates:

1. RoomsSoldandRoomSoldVar:roomssoldminusroomssoldasofendofdaysametimelastyear

2. BookedADRandADRVar:ADRminusADRasofendofdaysametimelastyear

3. OccupancyContribution:percentageofoccupancybookedviaeachdistributionchannel

4. RevenueContribution:percentageofrevenuebookedviaeachdistributionchannel

5. TotalRevenueandRevenueVariance:revenueminusrevenueasofendofdaysametimelastyear

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Dayofweekaverageoccupancycontributionshowsthepercentageofroomsbookedviaeachchannelbydayofweekwithintheselectedperiod.

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InventoryStatusThenumberofroomsthatapropertycanplaceforsaleistheyieldableinventory.Foranyroomtype,theyieldableinventoryisthephysicalinventoryminusOutofOrderplusOverbookingrooms.

Thusthenumberofroomsthatthepropertyhasavailableforsaleatanypointintimeisequaltoyieldableinventoryminusroomssold.

Thisviewprovidesyouwithadailyviewoftheavailabilityofinventoryatyourproperty.

1. StartDate:Selectthedatetofiltertheresults.Theviewwillshowthatdateasthefirstdateandyoucanscrollforwardandbackwardstoseemoredays.

2. Filter:youcanselecttohidethenumberofroomsinoutoforderoroverbookingstatus

3. Foreachroomtypeandroomtypemasteryoucanseethenumberofroomsavailableforsale(yieldable),thenumberofroomslefttosellandthenumberofroomsinoutoforderstatusandoverbooking

4. WheneverthepropertyhasplacedanosellonCRS(akaCRSFreeze)thedaywillbehighlightedinREDwiththewordFreezeabovetheday.

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ReservationSearchEveryreservationthatisbookedincludingcancelledreservationsisavailabletobeviewedwithinG6ROWRevenue.

Thereservationviewshowsyouthedetailsofreservationsincludingtheratecodebookedandtheoverallpriceofthereservation.

1. Search:enteracompleteorpartialsearchcriteriaforReservationnumber,Lastname,Firstname,guestemail.Whenusingthegeneralsearch,recordsthatmeetthecriteriaforarrivalsintodayandoverthenext29daysaredisplayed

2. Exactsearch:youcanconductanexactsearchbyReservationnumber,Lastname,Firstname,guestemailand/orarrivaldate(withtheoptiontoexpandthedatesearchplusorminusupto14days).Thearrivaldatecanbeinthepastorinthefuture.

3. Afterprocessingthesearch,thescreenwilldisplayalistofreservationsthatmeetthecriteria.

4. Clickonanyofthereservationslistedandseemoredetailsforthereservation.

Tips:

Toseethelistofarrivalsfortodayoranyday,enterthedateinthearrivaldatefieldand0inthe+/-days.ReservationsthathavebeencancelledwillshowanExternalCancellationNumber(underthereservationnumber).

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Understanding Competitive Set Web Rates

AsapartofyourlicenseagreementforG6ROWRevenue,G6willpurchaseonlinecompetitiverateinformationfromathird-partyvendorforupto4competitorsthatyoudefine.

Note:

Thecompetitorsusedtoshopforinternetratesshoppingmaybedifferentfromthoseusedinthemarketbenchmarkview(STRdata).

1. SelectDate:Selectthedatetofiltertheresults.Theviewwillshowthatdateasthefirstdate,andyoucanscrolldowntoseemoredays.

2. Foreachday,youwillseethesellablerateforyourpropertyandthepublishedrateforeachofyourcompetitors.

3. Ifyourcompetitorisclosedforsale,thewordCLOSEDwillbehighlightedinRED

4. Ifyourcompetitorisnotpublishingrateortheservicewasunabletogathertherate,thewordNPwillbedisplayed.

5. Atthetoprightofthescreen,youwillseethelasttimecompetitiveratedatawasupdated.

6. Openthedatetoseealltheratesforshoppedormanuallyaddedcompetitors.

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HowtoselectyourcompetitorsforInternetrateshoppingYoucanselectupto4competitorsforthisservice.Ifyouareunsurewhichcompetitorstoselectforthisservice,youcantypicallyrefertothoseincloseproximitytoyourhotelwithsimilarpricingandproduct.Inaddition,youcancontactyourCorporateRevenueManagerforsupportorsuggestions.

Rememberthatthis“competitor”groupisnotyourSTRcompetitiveset.

FornewG6locationsparticipatinginthisservice,G6willsolicityourcompetitorlistviaemail.G6willcoordinatethisprocess.

Forexistinglocationsalreadyparticipatinginthisservice,changestothecompetitorlistshouldbeemailedtogrowsupport@g6hospitality.comwiththesubjectlineWebShopCompetitorListChange.Usingthecorrectemailaddressandsubjectlinewillexpeditethetimeittakestoprocessyourrequest.

Beadvisedthisisathird-partyvendorservice,soG6transitionsthedataintotheplatformbutdoesnotwarrantythecontent.

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Managing Competitor List

AlthoughcompetitorsidentifiedforinternetrateshoppingarenotmodifiabledirectlyviaGROW,youcancreateandmanagealistofadditionalcompetitorsforwhichyouwishtorecordrateinformation.

Note:

Youcanaccessanycompetitor,internetrateshoppingcompetitorsormanuallyaddedcompetitors,andrecordadditionalrateshoppingdata.Todoso,simplyaccessthecompetitorviaCompetitorRateslinkandaddyourownshoppedratestotheapplicablecompetitoranddays.

1. ClickManageCompetitorsundertheCompetitiveInsightmenutoadd,removeoreditthelistofcompetitors.

2. ClickAddCompetitortoenternewcompetitor.

3. ClickEditorDeletetomodifyorremoveamanuallyaddedcompetitor.

4. Deletedcompetitorswillnotberemovedfrompastdays.YoucanalwaysaccessratedatafrompastdaysviatheCompetitiveRateslink.

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Understanding Market Performance

AspartofyoursubscriptiontoG6ROWRevenue,youcanaccesstheSTAR(SmithTravelAccommodationsReport)reportdataunderMarketBenchmark.Thisreport’sdatabenchmarksahotel’sperformanceagainstitscompetitiveaggregateandlocalmarket.

MarketBenchmarkallowsyoutotrackyourperformanceagainstyourcompetitors,providesinsightonmarketsupply,demandandrevenuechanges,andultimatelyassistsyouinmakingstrategicpricingdecisionsforfuturedaysbasedonpastperformance.

Note:

ThecompetitivesetfortheSTRisagroupoffourormorehotelsselectedbytheCorporateRevenueManagementteamtoprovideabalancedviewofyourmarket.ThissetwillmostlikelynotbethesamesetyoudefineforCompetitiveWebShoppingset.ThisisduetothefactthatnotallhotelsreportdatatoSmithTravel,andonlythosethatdocanbeincludedinthereport.

TheMarketBenchmarkreportofferstwoviews:

• Weeklydata:AvailableeveryWednesdayforthepriorweek.• Running28days:Availableattheendofthemonthforthepreviousmonth.

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Whetheryouarelookingattheweeklyormonthlyview,youwillseethefollowingdatabydayofweek:

• Foroccupancy,viewtheachievedoccupancy,theaverageoccupancypercentageachievedfortheaggregateofyourcompetitiveset,andtheMarketPenetrationIndex.

o TheMPI(marketpenetrationindex)isthepercentageofdemandforroomsactuallyaccruingatyourhotel.ItiscalculatedastheratiobetweentheTotalRoomsOccupiedinyourhotelagainsttheTotalRoomsOccupiedcollectivelyattributedtoyourhotel’smarketset.

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G6ROW User Manual • ForADR,youcanseeyourachievedaveragedailyrate,theaveragedailyrateoftheaggregateofyourcompetitiveset,andthe

ADRIndex.o TheADRindexisyourhotel’sADR/compsetADR(*100)

• ForRevPar,youcanseeyourachievedrevenueperavailableroom,therevenueperavailableroomoftheaggregateofyourcompetitiveset,andtheRevParIndex.o TheRevParindexishotelRevPAR/compsetRevPAR(*100),alsocalledyieldindex

Note:

Youcanselectanydateinthedateselector,andthedatawilldisplayfortheweekinwhichthedatefalls.

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Part2:DefiningPropertyPricingPlan

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Overview of Pricing Plan

Thepricingplanisthemanifestationofyourstrategyintheformofpricing,availabilitycontrols,andpropertypoliciesrequiredtopositionyourpropertyforaspecifiedperiodoftime.

Generallytherearefivestepsrequiredtoprepareacompletepricingplan:

• Step1:EnsurethattheBARpricepoints,roomtypeandextrapersonupchargesarecorrectlysetupforeverydaywithinyourpricingplanperiod(establishedinRateAdministration).

• Step2:DeterminetheamountofinventoryyouarewillingtotakeforeachBARpricepointandpreparetheBARAllocationPlan(establishedinRateAdministration)

• Step3:Adjustpricingandavailabilityofotherratecodestosupportyourstrategy(establishedinRateAdministration)

• Step4:Reviewandupdateyourpropertypolicies(cancellationsandguaranteerequirements)(establishedinRateAdministration)

• Step5:Createrelevantnotificationstokeepyouinformedoftheprogressofyourplan

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Defining BAR Price Points and Upcharges for your Pricing Plan

BeforeyouprepareyourPricingPlan,you’llneedtoensurethattheBARPricepointsyouareplanningtouseinyourplanarecorrectlysetupinG6ROW.

ReviewandupdatethelistofavailableBARPricePointshere.

G6ROWwillutilizethevaluesyouhavesetforeveryroomtypemasterandextrapersonupchargewhenpricingyourroomsviathePricingPlan.

Toupdatethepricingofnon-defaultroomtypemastersand/orextrapersonupchargeforthepricingperiod:

• RunthePricingReportfortherequiredpricingperiodtoseethecurrentvaluesforroomtypeupchargesandextrapersonupcharges.• Ifchangesareneeded,gotoWeeklySummaryorRapidEntrytoupdatetheupchargevalues.

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Creating the BAR Allocation Plan

TheBARAllocationPlanallowsyoutoeasilypriceyourpropertytoaccountforchangesindemand.G6ROWwillfollowyourplanandraiseorloweryoursellableBARbasedontheoccupancyonthebooks.

Whenpreparingyourplan,specifythenumberofroomsyouwishtosell(akaallocation)wheneachBARpricepointisbeingpromoted.Youcanhaveadifferentallocationplanbydayofweekorthesameplanforeachdayoftheweekwithinyourpricingplanperiod.

Oncetheroomsinyourallocationaresold,G6ROWwillraiseyoursellableBARPricepointtothenextavailableBARPricepointwithanallocation.

Ascancellationsormodificationsarereceived,yourBARallocationplanwillpublishtheapplicablesellableBARpricepoint.

Finally,G6ROWallowsyoutoincorporatethefollowingmodifierstoyourBARAllocationPlan:

• Leadtime:Withtheleadtimefunctionyouspecify,basedonnumberofdayspriortoarrival,thelowestBARpricepointyouarewillingtosell.ThecombinationofBARAllocationplanandleadtimeallowsyoutoraiseandloweryoursellableBARasdemandchanges,whilealsotakingintoconsiderationthetimingofthedemand.

• Timeofdayrule:YoumayaddarulethatsetsaspecificBARpricepointatacertaintimeofdaybasedonoccupancyregardlessofonthebooksoccupancy.

• BARFreeze:ThisfunctionalityallowsyoutofreezethesellableBARpricepointasofthestartofaspecificday.ThisrulestopsintradaypricechangesbysettingtheBARpricepointyoustartthedayatasthesellableBARpricepointfortherestoftheday.

Note:

Ifyouhavechangedthevaluesoftheroomtypemasterdefaultsand/orextrapersondefaultchargesinRateAdministrationforoneormoredays(akaoverridethevalues),itisrecommendedthatyoudonotusetheBARAllocationfunctionforthosedays.Currently,G6ROWdoesnotaccountforthedefaultoverrideswhenaBARallocationplanisused.Thiswillbemodifiedinthefutureandatthatpoint,youwillbeinformedofthechange.

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CreatingaBARAllocationPlanforMultipleDaysTosetupyourBARAllocationplan,gotoBARRulesàBARAllocationscreen.

ClickonAddBARRuletosetaBARAllocationplanformultipledaysorweeks.

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1. StartandEndDate:Enterthedaterangeforyourpricingplan.

2. SelectDays:Clickonthedaysoftheweekthatwillhavethesameallocationplantoselect.

3. Inthefirstcolumn,enterthepercentageofinventoryyouarewillingtosellforeachBARpricepoint.

4. Optionalleadtime:InthesecondcolumnenterthenumberofdayspriortoarrivalwhenaBARpricepointmustbemadesellableifthepropertyhasnotreachedthatBARpricepoint.

5. ClickSubmitandifneededrepeatprocessforotherdaysoftheweekwithsimilarallocationplan.

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Intheexampleabove,fromFebruary1untilMay2,everySunday,Monday,TuesdayandWednesdaythispropertywillbesellinga$49.99BARpricepointforthedefaultroomtypemasterupuntil15%oftheyieldableroomsaresold.

Whenthepropertyhassold15%oftheirinventory(toanyratecode),thesellableBARpricepointwillbe$53.99andsoon…

Ifcancellationsarereceivedandtheoccupancyonthebooksgoesbelow25%,thepropertywillbeselling$49.99

Theleadtimeof0meansthatondayofarrival,ifthepropertyhasnotreachedthesellableBARpricepointof$55.99,G6ROWwillautomaticallymakethatBARpricepointsellable.

Ifthepropertyisselling$58.99bydayofarrival,G6ROWwillnotrevertbackto$55.99.

Theleadtimeof0onpricepoint$55.99alsomeansthatiftheproperty’soccupancyonthebooksgoesbelow80%ondayofarrival,G6ROWwillpreventthesellableBARpricepointfromgoingbelow$55.99.

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LeadTimeFunctionTheleadtimefunctionallowsyoutospecifythenumberofdayspriortoarrivalwhenaspecificBARpricepointmustbemadesellable.

TheBARpricepointwiththeleadtimewillbemadesellableONLYifthepropertyisnotalreadysellingahigherBARpricepoint.InthecasewhenthepropertyissellingahigherBARpricepointthantheonewiththeleadtime,G6ROWwillnotrevertorselltheBARpricepointwiththeleadtime.

AlthoughitispossibletoutilizetheleadtimefunctiononmultipleBARpricepointsforagivenday(asseeninexamplebelow)itisnotrecommendedastheresultsmaybedifficulttotrackandcandilutetheimpactofyouroverallBARallocationplan.

Hereisanexampleofacomplicatedplanthatmaybecounterproductive:

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ManagingBARAllocationPlanByDay

1. Foreachday,youcanseethesellableBARpricepointatyourpropertyandtheBARallocationplanwiththepercentageofroomsallocated,theequivalentinnumberofrooms,thenumberofroomslefttosellintheallocationandthenumberofdaysassignedtotheleadtimefunction.Ifyouhavenotcreatedanallocationplan,theRateshowsinOrange,indicatingtheratecamefromRateAdministration.

2. Thisviewalsoshowsyoutheoverallpercentageofroomsyouhaveallocatedtoallpricepoints.

Tip:Itisadvisedthatyoukeeptheoverallallocationpercentageto100%.

3. Inthisview,youcanalsomodifytheallocationplanforcurrentand/orfuturedaysbyclickingonthepricepointswithintheday(s).

Note:asyoumakechangestotheallocationplan,theAllocatedfieldatthetopwillaggregatetheallocationpercentagesandshowyoutheoverallpercentageofyouryieldableinventorythathasbeenallocatedfortheday(s).

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SettingupaTimeofDayRuleforBAR

1. ClickonTimeofDaytospecifya

timeofthedaywhenaspecificBARpricepointwillbemadesellable.

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2. SelectthetimeofthedaywhenyouwishtopublishtheBARpricepoint.

3. Entertheoccupancylevelthatyourpropertymustbeatinorderfortheruletoapply.

4. Finally,selecttheBARpricepointyouwishtomakesellablewhenthetimeofdayandoccupancyyouhavespecifiedismet.

5. ClickSubmitBARRuletosaveyourchanges.OrclicktheXatthetoprightcornerofthescreentoexitwithoutsaving.

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FreezingtheStartofDaySellableBAR

1. ClickonFreezesymbolfor

thedayyouwishtofreeze.

Note:Whenfreezingafutureday,GROWwillsetthesellableBARpriceatthebeginningofthatdayasthesellableBARpricepointfortherestoftheday.RememberthatthesellableBARpricepointyouseetodayforafuturedaymaynotbethesellableBARpricepointwhenthatdayrollsin.

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2. AfterclickingontheFreezesymbol,youwillreceiveanonscreenmessageindicatingthatyouhaveplacedaFreezeruleforthatday.

Tip:FrozendaysarehighlightedwithabluefreezesymbolinGROW.

3. Tounfreezeorremovethefreezeruleforaspecificday,simplyclickonthebluefreezesymbol.

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ViewingBARPlanPerformanceInthisview,youcanselectadaterangeinthepastand/orfutureandseethefollowinginformation:

• BARPlan:thisisadailyviewofallroomsyouhaveallocatedtosellbypricepoint,thenumberofroomsallocated(equivalenttopercentageallocated),andthenumberofroomslefttosellundereachpricepoint

• RoomsSoldbyPricePoint:Thisisadailyviewshowingyoutheactualnumberofroomssoldundereachpricepoint

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BARPlanForeachBARPricepoint,youcanseethepercentageofyieldableinventorythathasbeenallocated,theequivalentinnumberofrooms,andthenumberofroomslefttoselltoclosetheBARpricepoint.

1. StartDateandEndDate:selectadaterangetofilterthesearchresults.Youcanscrollupanddownandlefttorighttoseealldaysandallpricepoints.

2. Filters:tosimplifytheresults,youcanchoosetohidethedatapointsshowingnumberofroomsallocatedandnumberofroomslefttosell.YoucanalsohideinactiveBARpricepoints(theseareBARpricepointsthatdonothaveallocationduringyourselecteddaterange)

3. Yld/Cons:showsyouthenumberofroomsavailableforsale(yieldable)andnumberofroomsconsumedbyday

4. Alloc:thisshowsyouthepercentageofyieldableroomsthathavebeenallocatedtoapricepoint

5. DownloadReport:allowsyoutodownloadthereporttoExcel

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RoomsSoldbyPricePointForeachBARPricepoint,youcanseenumberofroomssoldwhenthatBARPricePointwassellable.

Note:

ThesellableBARpricepointforthedayishighlightedinBLUE.

1. StartDateandEndDate:selectadaterangetofilterthesearchresults.Youcanscrollupanddownandlefttorighttoseealldaysandallpricepoints.

2. Yld/Cons:showsthenumberofroomsavailableforsale(yieldable)andnumberofroomsconsumedbyday

3. DownloadReport:allowsyoutodownloadthereporttoExcel

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Managing Rate Code Pricing and Availability via Rules

G6ROWallowsyoutomanagethepricingandavailabilityofratecodesbyassigningrules.Youdefinethecriteriafortherule,andwhentheconditionsinyourcriteriaaremet,G6ROWwillimplementyourrule.

TherearetwotypesofratecoderulesyoucansetuponG6ROW:

• Discount:Controlsthepricingofanyfloatingratecodebasedonanyone,oracombination,ofthefollowingconditions:o Numberofroomssoldfortheratecodeo Propertyoccupancyo Dayspriortoarrival

• Availability:Allowsyoutoclose(andreopen)aratecodeorapplyaclosedtoarrivalrestrictionbasedonanyone,oracombination,ofthefollowingconditions:

o Numberofroomssoldfortheratecodeo Propertyoccupancyo Dayspriortoarrival

Tips:

Whendemandincreases,itmaybetemptingtoclosediscountedrates.Wheneverpossibleitisadvisabletoreducethedepthofdiscount(eventozero),sotheguestcanstillfindandbooktheofferwithoutcompromisingyourrevenue.

Whenusingratecoderulestoapplyadiscountoraraterestriction,remembertoalsocreatearulethatreversestherulewhentheconditionsarenolongermet.Seeexamplebelow.

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Example:

Inthisexample,theratecodeAPPLEwillhaveaclosedraterestrictionwhentheproperty’soccupancyisabove80%

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G6ROW User Manual InordertoensureAPPLEisreopenedwhenoccupancyfallsto80%orbelow,youneedtoaddtheopenrule:

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ApplyingRateCodeDiscountRulesTocreatearatecodediscountrulegotoRateRules->CreateNewRule

1. SelectDiscount

2. RuleName:enteranamethatcouldhelpyoueasilyidentifythepurposeoftherule.Tip:youdonotneedtoaddthenameoftheratecodeintherulename.itwillbeshowntoyouinG6ROWandonanynotificationyoureceive.

3. RuleDescription:Optionalfieldwhereyoucanentermoredetailsregardingyourrule

4. StartDate:enterthedatewhenyouwanttostartenforcingthisrule

5. EndDate:youcanenteranenddateorselectOngoingtokeeptherulegoingindefinitely.

6. RateCode:selectthefloatingratecode

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7. Ifyouwishtobenotifiedwhentheruleistriggered,entertheemailaddressesand/orphonenumbersundercontactinformation.

8. Selectemailand/ortexttospecifyhowtoreceivethenotification.

Note:AllyourtriggeredrulesareavailabletoviewinPropertyDashboardàRulesFeed.

9. ClickAddConditiontospecifytheconditionsofyourdiscountrule.

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10. Selectthedaysoftheweekwhenyouwishtheruletoapply

11. Enteryourfirstcondition

12. Ifyouwishtoenteranothercondition,clickAddCondition

13. Ifthebothconditionsareneededtotriggertherule,selectAND.Otherwise,selectOR

14. Enteryoursecondcondition

15. Enterthepercentagediscountfortheratecodewhentheconditionsaremet

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Example

Inthisexample,theratecodeHELPwillbepricedat5%whentheoccupancyofthehotelreaches75%orabove,andonlywithin3daysofarrival.Torevertthevalueoftheratecodetoitsoriginalstate(inthisexample10%),youmustaddthefollowingconditiontotherule:

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G6ROW User Manual Hereistherulewithbothconditionsadded:

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ApplyingRateCodeAvailabilityRulesTocreatearatecodediscountrule,gotoRateRules->CreateNewRule.SelectRestrictionandcompletethedetailsfortherule.

1. Selectthedaysoftheweekwhenyouwishtheruletoapply

2. Enteryourfirstcondition

3. Ifyouwishtoenteranothercondition,clickAddCondition

4. Ifbothconditionsareneededtotriggertherule,selectAND.Otherwise,selectOR

5. Enteryoursecondcondition

6. Youmayenteramoreconditions.However,complexrulesmaybedifficulttotrackandnegativelyimpactyourplan.Trytokeepyourrulessimple.

7. Enterthepercentagediscountfortheratecodewhentheconditionsaremet

Tip:

Remembertoenteranothersetofconditionstoreopentheratecode.

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ViewingRateCodeRulesYoucanviewtheratecoderulesyouhavesetupforyourpropertyintheRateCodeRulesscreen.

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ViewingTriggeredRateCodeRulesYoucanviewtheratecoderulesthathavebeentriggeredinPropertyDashboard->RulesFeed

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G6ROW User Manual Youcanselectanytriggeredrateruleandforwardittoothersorarchive.

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Establishing Property Policies

Whenpreparingyourpricingplan,reviewyourpropertypoliciesforguaranteerequirementsandcancellationtoensurethatthesepoliciessupportyourstrategy.

TheguaranteerequirementandcancellationpolicycanbeupdatedviaG6ROWRateAdministrationàPropertyPolicies.

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Creating Notifications

Onceyouhavesetupapricingplan,youcansetupnotificationstokeepyouinformedviaemail,text,and/ortheG6ROWon-screennotificationfeedthatshowstheresultsofyourpricingplanandchangesthatmayimpactyourplan.Similartoratecoderules,G6ROWevaluatestheconditionsyoudefineforthenotification,andwhenthoseconditionsaremet,youarenotified.

WhenyoureceiveanotificationfromG6ROW,youcanseethedetailsthattriggeredthenotificationandthedateforwhichthenotificationwastriggered.Youcanthendetermineifadjustmentstoyourpricingplanareneeded.

ThefollowingtabledescribesthedifferenttypeofnotificationscurrentlyavailablewithinG6ROW.

NotificationType

ConditionsConsidered

Example

Inventory OutofOrder Morethan3roomsoutoforder

CRSFreeze HotelhasaCRSfreezeinplace

GroupInventoryRelease

Groupissettoreleaseinthenext3dayswith5roomsleft

ManagerHold Hotelhasmorethan3roomsonhold

GroupBlock Hotelhas20%ormoreoftheinventorycommittedtogroupblocks

Competition CompetitorRate CompetitorABC’srateislowerthanmyproperty’srateby$5

CompetitorAvailability

CompetitorXYZisclosed

Occupancy Onthebooksoccupancy

OTBOccupancyismorethan20%withinthenext3days

Occupancysametimelastyear

STLYoccupancyisabove95%

Performance ADRVariance OTBADRislowerthanSTLYbymorethan10%.

OTBADRislowerthanSTLYbymorethan$5

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TypeConditionsConsidered

Example

RateCodeContribution

RatecodeFORCEDhasmorethan5%ofreservations.

RatecodeEXThasbookedmorethan20rooms

ChannelContribution

OTAshavemorethan15%ofreservations

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Setting up a Notification

Tocreateanotification,gotoNotificationSettings.

1. ClickCreateNewNotification.

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2. SelectNotificationType.Optionsinclude:

3. Inventory

4. Performance

5. Competition

6. Occupancy

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7. GivethenotificationaName.

8. EnteraDescriptionforthenotification.

9. EntertheStartDateandEndDateforthenotification.

10. Ifyouwantthistobeanongoingnotification,checktheOngoingcheckbox.

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11. ClickAddConditiontoaddacondition.

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12. SelecttheDaysforthenotificationtobeactive.Ifyouwantitactivealldays,checkSelectWeek.

13. Selectavalueforthecondition.Optionsinclude:

14. CRSFreeze

15. EventDate

16. GroupInventoryRelease

17. ManagerHoldInventory

18. OutofOrderInventory

19. Selectthetypeofnotification.Optionsinclude:

20. Alert:Highest-levelnotification.Requiresaction.

21. Warning:Medium-levelnotification.

22. Message:Low-levelnotification.

23. Entertheemailaddressesand/orphonenumbersofthepeoplewhoshouldreceivethisnotification.

24. Selectwhetherthenotificationswillbeemailsand/ortexts.

25. Givetheconditionyou’vedefinedaname.

26. ClickCreateCondition.

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User Notification Flags

Youcanseeallactivenotificationsinthelandingmenuunderthepropertyname.Alerts,warnings,andmessages.