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TABLE OF CONTENTS

Overview


In the dynamic hospitality landscape, managing room availability and optimizing revenue are paramount. Property Connector's Auto Closure Threshold empowers Revenue Managers to strategically control room distribution, ensuring that every available room is sold at the most profitable rate.


The Auto Closure threshold feature can be conveniently configured and Managers can make instant adjustments to Auto Closure Thresholds for specific dates or apply bulk updates across extended periods. This provides you with complete transparency and control over your inventory. 


What is the benefit of Auto Closure threshold?

  • Dynamic Revenue Optimization: Capture every high-value booking. Auto Closure Threshold automatically closes lower-rate plans as availability decreases, ensuring you prioritize premium bookings and maximize revenue per available room.
  • Strategic Availability Control: Prevent last-minute low-rate bookings that undercut your revenue potential. Auto Closure Threshold gives you precise control over when to stop selling lower-tier rates, safeguarding your profitability.
  • Automated Efficiency & Reduced Risk: Eliminate manual rate adjustments and the risk of overselling. Auto Closure Threshold automates the closure of rate plans, freeing up your team to focus on strategic sales and guest satisfaction.

  • Enhanced Pricing Flexibility: Adapt to real-time demand fluctuations. Auto Closure Threshold allows you to set custom thresholds, enabling you to dynamically adjust your pricing strategy and capitalize on peak demand.

  • Improved Guest Booking Experience: Avoid guest disappointment and maintain booking integrity. Auto Closure Threshold ensures that only genuinely available rooms are offered, fostering trust and enhancing the guest experience.
  • Easy to understand Examples: Clear examples show how the system automatically closes rate plans based on your pre-defined thresholds.


Examples

Rate PlanAvailabilityAuto Closure valueAction
OCODAA2019Availability > Auto Closure value, rate plan is OPEN
OCODAA2020Availability = Auto Closure value, rate plan is CLOSED
OCODAA2021Availability < Auto Closure value, rate plan is CLOSED


Enable/Remove Auto Closure 

Quick Update

Bulk Update


Quick Update

  1. Go to Main Calendar
  2. Choose Main Calendar Tab
  3. Filter by Open/Close
  4. Expand the channel icon to locate Auto Closure threshold
  5. Select the desired date or drag to select multiple days you wish to apply for a quick update.

  1. Quick Update pop-up window comes out.
  2. Enter an Auto Closure threshold number. When the availability reaches or below this value, the automatic closure will be applied to the selected rate plan. Please notice only value greater than 0 is accepted.
  3. Click apply to set the rule. You can remove your Auto Closure threshold using the same path.


Bulk Update

On the Main Calendar, select Bulk Update and click on Auto Closure

Select a rate plan (with all room types) or a specific room type of a rate plan, click [NEXT]

Select your desired channel, click [NEXT]

Next, you can select date range by Today, Next 7/14/30 Days or a Custom date range

Once you select the date range, continue with the option of Everyday or Weekday/Weekend/Day of Week, then click [NEXT]

Once done, you can update your desired Auto Closure level before clicking [Update]. In this example, we set a value of 20, it means when rate availability meets or below this value rate plan will be automatically closed.

Only value greater than 0 is accepted

You can confirm your Auto Closure value by going back to Calendar > Open/Close