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Siebel Hospitality Guide > Working with Quote and Order Pricing > Sleeping Room Pricing > Pricing and Room OccupancyAny time a group sale occurs, the sales user captures occupancy information that is applied to the entire room block. This information includes:
Table 71 shows the contracted value and price for a standard room on three different dates.
Assume that the following information is entered in the Room Block Info record: Occupancy %Occupancy Price OffsetThe following actions occur during weighted average price calculations:
In this example, the weighted average price for the 50% single-room type occupancy is: (50 X 100 + 100 X 110 + 150 X 120) / (50 + 100 + 150) = $113.33 The weighted average price for double rooms occupancy is: Weighted Average Price (Double Occupancy) = Weighted Average Price (Single Occupancy) + Price Offset for double. Weighted Average Price (Double Occupancy) = $113.3 + $20 = $133.33 |
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