How to setup Market Segments in RMS.

Overview

Market Segment is a Lookup Table that can be used to record and report on revenue sources by market on a reservation.

Lookup Tables are User created lists that can be used to record and report on additional information for reservations.

A Market Segment can be assigned to a Company, Travel Agent, Rate Type, Discount, or Online Channel Connection.

When a Market Segment is configured in more than one of these places, RMS uses a hierarchy to decide which value applies to the reservation. See the Market Segment Hierarchy section of the Setup Hierarchy article for the full order of precedence.

Please Note! To utilise this feature, Market Segment and Sub Market Segment need to be set to display via Field Maintenance.

Please Note! RMS is highly configurable. Some Terminology, User Access & Permissions, Images, Labels, and Functions used in these articles may differ from your setup. CLICK HERE to find out more.

Guide

In the side menu of RMS, go to Setup > Lookup Tables > Market Segment.

1. Select 'Add'.
   
    
2. Enter a Description.
   Enter a Short Description (Optional).
   Enter a Code (Optional).
   Enter an External Reference Number (Optional).

3. Select 'Save'.
   
    

   Optional: Setup Sub Market Segments.

4. Select 'Add'.
   
    
5. Enter a Description.
   Enter a Code (Optional).
   Enter a Short Description (Optional).

6. Select 'Save/Exit'.
   
    

   Optional: Setup Market Segment Expenditure.

7. Navigate to the 'Expenditure' tab.
8. Select a Date Range.
9. Enter the Amount per month.
10. Enter the Nights per month.
11. Select 'Save/Exit'.