The following article explains how to modify existing Rate Yield Parameters.
Modifying Yield Parameters
Proceed to Operations > Yield Management.
The Yield Management screen will appear. Choose the appropriate Rate Grouping (Rate Categories or Room Types) for the Yield Management being modified.
Once the desired changes have been made, click Save to save the changes.
IMPORTANT NOTE:
- Existing reservations will not be affected by this change. Whatever rate the guest booked will remain on the reservation.
- If a change is made to an existing reservation that affects the rate (ie: the number of people in the room), the new yield parameters will then be applied to the booking, and the old yield parameters will no longer be available.