This empowers properties to make informed decisions around pricing strategies and restrictions, helping to maximise revenue during periods of high demand and limited availability.
1. Inventory Alert overview:
Setting a Inventory Alert limit, properties receive an automatic notification when availability first falls below the limit and continue to receive alerts for every subsequent inventory change that remains below that threshold — ensuring properties are consistently informed and can respond promptly.
· Key Features:
· Room level configuration, flexibility to set different alert thresholds for each individual room type based on their availability and demand patterns
· Notifications triggered when inventory first drops below the set threshold, ensures properties are immediately informed when availability reaches a critical level`
· Staying informed as alerts generated for every subsequent availability change below the threshold
· Exclusively for the Booking Engine, making it a powerful tool for properties looking to enhance their direct booking experience by applying tailored fees automatically within their own booking platform
2. Step-by-step: Setup Inventory Alert Limit
· Step 1 - Navigate to Room types
· Login to extranet > Settings > Property Settings > Room types
· Click the room type you want to set Inventory limit
· Scroll down to Inventory Alert limit
· Step 2 – Set Inventory Alert limit
· Enter value, based on value set an alert is triggered when inventory reaches this threshold
· SAVE
3. Inventory Alert limit setup Complete
· Step 1 - Navigate to Room types
· When inventory reaches threshold, an alert is triggered to the reservations email address
· To ensure properties have information needed to review planning and pricing strategies, the alert will include
o Property name – beneficial for groups easily able to identify the property
o Room type – so property can easily see the room that needs attention
o Date – highlighting the date that has limited availability
o Availability – providing live availability, removing the need to manually check availability