Don't know what an Inventory Group is?
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1. How to create a new Inventory Group
Open the Configuration Center using the cog wheel on the bottom left corner
Click on Go To Inventory Settings
Ensure correct property is selected on the top right corner
Click on the button on the bottom left which states "Create New Group"
Give your new Group a name
Select the Inventory types you want to include in the new Group by clicking on the icon next to the inventory
Once you are ready with the set up of your new Group, don't forget to save your work. Click on the "Save & Process Changes" button
A resync of all current rates will ensure that all of your changes are immediately implemented. As a best practice, we recommend to confirm this every time you make a change to a Group.
2. How to edit an Inventory Group
You can rearrange the order of the inventories in the new Group by using the arrows next to each inventory
If you wish to add differentials between the inventories in the new Group, set those in the Price Deviation column. Select if you wish those to be in an absolute amount, or a percentage
In case you add an inventory to the new Group by mistake, you can easily remove it as well.
Once you are ready with the edit to your Group, don't forget to save your work. Click on the "Save & Process Changes" button
A resync of all current rates will ensure that all of your changes are immediately implemented. As a best practice, we recommend to confirm this every time you make a change to a Group.
3. How to Delete an Inventory Group
To delete an existing Group, navigate to the Inventory Setup page and click the "Delete" button to the right of the Group
To confirm this change, don't forget to click the "Save & Process Changes" button
4. How to move an Inventory into or out of an Inventory Group
Select the Inventory types you want to include in the new Group by clicking on the icon next to the inventory
In case you add an inventory to a Group by mistake, or you just want to remove it from the Group you can easily remove it at any time using this icon
Important to note 🚨 The inventory type at the top of the group will be considered the base rate and the demand of which will be factored in somewhat higher than the others at times. It is best advised when setting a new group, to make the very first room type the one which has the highest # of units and general demand.
FAQ
What happens with existing Event or Seasonal Settings?
If you move one Inventory Type into a Group, all seasonal & event settings will now be derived from the group's settings.
If you move one Inventory Type out of a group it will keep all its previously derived seasonal & event settings from the group. However, moving forward you can edit them independently of the group.