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ORMS Preliminary Setup
Prior to preparing ORMS for your revenue management requirements, you must have already completed the procedures for the initial setup in Opera. Refer to Opera Preliminary Setup for ORMS.
After setting ORMS up in Opera, you can now log in to ORMS for the first time and:
Logging in to ORMS for the first time will bring up the following configuration screen.
The screen will show the progress of the configuration and no other screen will be available until the activation process is completed.
During the activation the following steps are performed:
Creating Milestones - 5 hardcoded Milestones are created (0, 3, 6, 11 and 31 days), which represent lead days before an arrival date
Creating Default Alerts - The default Alert Types (Hurdle Alert, On the Books & Forecast Alert, Overbooking Alert) get created (SID data)
Creating Default Reservation Rejects - The default Reservation Rejection - Occupancy % values (30, 50, 70, 80, 90 and 100) get inserted. (SID Data)
Calculating Maximum Length of Stay - Based on all reservations for the last 120 days and 120 days in the future the stay pattern will be calculated, yet the highest 5% will be ignored. The Maximum is 7 nights LOS and this will be used to calculate the Hurdle Rates. If your property has mainly LOS 1 reservations, the system will set the system parameter for MAX LOS to 1 and that will result in only generating hurdles for LOS 0. Those LOS 0 hurdles will then also be used to calculate proper hurdles for longer stay requests, if necessary.
Creating Default Seasons - The default Season 'Normal' gets created and assigned for the past 365 days and 10000 days into the future.
Identifying Wholesale Blocks - Any past and future block with more than 60 nights is marked as a Wholesale Allotment.
Creating Default Yield Category - In case no Yield Categories have been created previously in Opera, the Yield Category 'Standard' gets created and all existing Room Types attached to it.
Creating Price Slices - Only if Rate Codes were already marked as yieldable in Opera before the activation of the property, then ORMS would create 6 price slices (5 Hurdle steps) for the defined yieldable rates per Yield Category.
Once the automatic configuration is complete, or when opening ORMS the next time after activation, the 'Yieldability' screen displays in the configuration section. Refer to Yieldability Configuration.
See Also
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