When are inventory priority dates generated?

Inventory priority dates are generated when room pool inventory falls below user-defined thresholds. This process ensures that inventory management aligns with demand and availability. When inventory levels drop below the specified thresholds, it signals a need to prioritize room allocation and make strategic decisions regarding bookings, discounts, or inventory adjustments. The system triggers these priority dates to facilitate better revenue management, allowing properties to react promptly to changes in inventory, enhance booking efficiency, and optimize overall revenue.

The other options do not accurately describe the process for generating priority dates. Adjusting seasonal rates helps in pricing but does not directly correlate with inventory priorities. A specific date reaching in the calendar might require scheduling actions but isn't involved in generating priority dates. Lastly, when all rooms are booked, it would imply a complete sell-out, and inventory priority dates would not apply since there would be no unsettled inventory to manage.