The optimization engine runs in two modes. If you have selected real-time optimization then prices will be adjusted as soon as the algorithm detects changes in the data e.g. reservation pick-up. This ensures that your hotel’s prices reflect the market conditions in real time and is most applicable for hotels operating in dynamic markets. If the hotel does not have real-time optimization turned on then the prices will be calculated three times per day at predefined times. Scheduled optimization considers all changes in the data since the last optimization.
If you want to learn about real-time price optimization and its benefits, feel free to explore these articles:
Why real time pricing is a secret weapon for revenue managers
Product feature: real time price optimization