CompSet Pricing is where you get to select a group of competing market properties for which you would like some or all of your inventory to adjust their pricing based on the prices of those properties.
How does CompSet Pricing work with other dynamic pricing methods?
CompSet Pricing works well with other dynamic pricing methods such as RevMax Go and Max Yield.
*CompSet Pricing + RevMax Go: The recommended rate will adjust dynamically based on the average rate derived from Max Yield and RevMax Go.
*Max Yield + CompSet Pricing + RevMax Go: Increases/Decreases set on the yielding map will apply to the average rate from Comp Set Pricing and RevMax Go.
*Max Yield + CompSet Pricing: Comp Set Pricing recommended rate will serve as the base rate for the Max Yield Rate wherein the discounts/mark-ups set on the yielded map will apply.
Does CompSet Pricing work with units under Resort Logic?
YES, it works for units under Resort Logic in Streamline.
How to build a CompSet Group?
Please check our RevMax Learning Page to learn the step-by-step procedure for building CompSet Groups.
You can also check other related Knowledge-Based Articles:
Comp Set Pricing: RevMax Comp Set Builder
Comp Set Pricing: How to setup Combo Compsets
Comp Set Pricing: Why doesn't my Comp Set Pricing show an average selling rate if the occupancy shows as 100%
For more information on this topic, we invite you to visit our online classroom at RevMax Learning. |  |