Siebel Hospitality Guide > Applying Quote and Order Pricing > About Function Space Pricing >
Function Space Room Rentals
Function space room rentals are defined for the days of the week, and can change from season to season, as well as by parts of the day. When an administrator sets up function space room rates for a hospitality property, the administrator establishes default rentals for each day of the week as well as the exceptions for different seasons. For more information, see Defining Function Space Pricing Rules.
Users can use function space room rentals as benchmark rental prices for a quote or order, before pricing adjustments are made.