The Close Out function allows you to manage availability for a specific channel (OTA) on selected dates. It's useful for closing availability without affecting other channels or published listings. For example, you can block an entire month on Expedia to focus on direct sales.
What is the Close Out Rule?
The Close Out rule allows you to stop availability for rooms on specific dates for a particular channel, without deactivating overall property availability. It’s ideal for specific sales strategies or occupancy management.
Practical Example:
Suppose you want to block the month of August on Expedia because you will prioritize direct sales. With this feature, you can do this without affecting availability on other OTAs like Booking.com or Airbnb.
Steps to Set Up the Close Out Rule
Access the Daily Rates by Unit Page
Go to the daily rates by unit page.Access the "Availability Rules" Option
Click the "Actions" button and select the "Availability Rules" function.Create a New Rule
Click the "Create" button.
Rule Name: Assign a descriptive name (e.g., "Close Out August Expedia").
Affected Dates: Set the date range you want to block. You can select specific dates or schedule it for future years if needed.
Type: Select Close Out.
Channel: Choose the channel you want to apply the rule to (e.g., Expedia).
Room: Select the rooms you want to block on that channel.
Save the Rule
Once configured, save the changes. The availability will be closed for the selected channel and dates.
Benefits of Using This Function
Flexibility: Block only specific channels or listings without affecting the rest.
Total Control: Manage availability based on your strategic needs.
Easy Setup: In just a few steps, you can adjust your inventory accurately.
This tool is key to maximizing income and better managing bookings during high-demand seasons or special events. Ready to use it? Try setting up your first rule!
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