Unit Allocation Plan for Unit Type Inventory

Article Contents

• Create new Allocation Plan
• Set Plan as Default, Edit or Delete Plan
• Set Allocation Plan for Unit-Type
• Create Custom Allocation Plan for Unit-Type

NOTE:

• Use unit allocation plans to control allocation of Units for Unit-Type reservations.
• Create one or more allocation plans to be used among Unit-Types.
• Allocation plans are optional. 
• If no new allocation plans are created and assigned, the default plan is in effect.
• Default allocation plan based on system settings already in place to manage Unit-Type inventory.

Create new Allocation Plan

Step 1: Navigate to Setup > Allocation Plans

Step 2: Click New Allocation Plan

NOTE: Click on Default Allocation Plan to view current system settings.

Step 3: Create Allocation Plan Name

Step 4: Toggle On/Off Preliminary Allocation 

-- ON: All reservations will be assigned to a specific unit upon booking.

-- OFF: A reservation is counted against the total units available, without being assigned to a specific unit. You have the flexibility to allocate at any time prior to check-in.

Step 5: Toggle On/Off Finalize Allocation

-- ON: All reservations are allocated and locked at the timeframe set (days or hours before check-in)

-- OFF: Allocations are not locked. You have the flexibility to finalize allocated units at any time prior to check-in.

 

NOTE: 

• If Preliminary Allocation and Finalize Allocation are OFF, units will NOT be automatically allocated, they need to be manually assigned.
• You have the flexibility and the responsibility to assign units prior to check-in.

Step 6 (optional): Set Overallocation percentage

-- Allow a set percentage of extra bookings to be made as a buffer against cancellations. 

NOTE:  Overallocation can optimize occupancy while taking on the risk of overbooking. Using overallocation is a business decision for each customer to make.

Step 7: Click Save Allocation Plan

Set Plan as Default, Edit or Delete Plan

Step 1: On the plan line, Click the More Actions dropdown men, select:

-- Make Default

-- Edit Plan

-- Delete Plan

NOTE:

• Follow steps below to add Allocation Plan to a Unit-Type.
• If no Allocation Plan is assigned, the default plan remains in place.
  

Set Allocation Plan for Unit-Type

Step 1: Navigate to Properties > Unit-Type > [Unit-Type Name]

Step 2: Click Unit Allocation

Step 3: Select Allocation Plan from dropdown menu

Step 4: Click Save Changes

Create Custom Allocation Plan for Unit-Type

Follow Steps 1-2 above

Step 3: Toggle On/Off to use custom allocation plan for this listing

Step 4: Complete custom plan (see details for each option under Create New Allocation Plan)

Step 4: Click Save Changes

Additional Resources

Getting Started with Unit Type Inventory