Siebel Hospitality Guide > Managing Property-Specific Event Quotes > Managing Event Room Block Information in Quotes >

Updating Negotiation Rates for a Quote

Negotiation rates for a quote are calculated from the opportunity when the quote is generated. To update negotiation rates for a quote, follow the procedures in this topic.

This task is a step in Managing Event Room Block Information in Quotes.

Viewing and Updating Room Block Negotiation Rates

Sales representatives and event managers can see the average rates by weekend, weekday, and so on. These users can give special discounts for sleeping rooms to customers who bringing in a great deal of function space revenue. Additionally, these users can change the default values for tax- and service charge-related options.

To view and update room block negotiation rates

1. Navigate to the Quotes screen, then the List view.
2. In the Quotes list, query for and select the quote.
3. In the Quote record, click the link in the Quote # field, and then click the Room Blocks view tab.
4. Scroll down and click the Negotiation Rates view tab.
5. Click Calculate Rates.
6. Update the negotiation rate fields if necessary.

   Some fields are described in the following table.

   Field	Comments
   Negotiation Rate	Validated field. Must be greater than or equal to the value in the Avg Floor field.
   Weekend Negotiation Rate	Validated field. Must be greater than the value in the Weekend Floor field.

Changing the Floor Negotiation Rates

The Negotiation Rates - Manager view allows the event manager to change the floor negotiation rates for this specific quote if necessary.

NOTE:  Only the Revenue Manager can change the floor Negotiation Rates.

To change the floor negotiation rates

1. Navigate to the Quotes screen, then the List view.
2. In the Quotes list, query for and select the quote.
3. In the Quote record, click the link in the Quote # field, and then click the Room Blocks view tab.
4. Scroll down, and click the Negotiation Rates - Manager view tab.
5. Click Calculate Rates.
6. Update the Avg Floor field and other negotiation rates as necessary.
7. Update the tax- and service charge-related fields if necessary.

   For more information about the tax- and service charge-related fields of the Negotiation Rates views, see Viewing and Updating Room Block Negotiation Rates.