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ADVANCED DYNAMIC BASE RATES Application Setting

Group.  Rates

Type.  Function

Application.  PMS

                     ORS (Property)

Description.  Activate Advanced Dynamic Base Rate functionality. Dependent rates can be configured in which they are dynamically based off of other rate codes by rate set.

Internal Name. ADVANCED_DYNAMIC_BASE_RATES

Property Determination. The Advanced Dynamic Base Rate functionality dynamically calculates and displays dependent rate codes during the availability search. The property can set up Advanced Dynamic Base Rate rate codes based on other rate codes (e.g., Daily Rates rate codes) such that the associated rates are dynamically calculated while checking availability, as with Dynamic Base Rates. Moreover, with Advanced Dynamic Base Rates, rate adjustments (flat or percentage, positive or negative) can be set on the Rate Details level for specific room types and date ranges or seasons. Room types and date ranges can also be specified for periods that do not use an adjustment and that therefore assume the rate appropriate to the base rate being used for the Advanced Dynamic Base Rate rate code.

Activation / Inactivation Rules. 

 

Available Values.

Y (Yes)

N (No)

Add On Licenses/Country Specifics.

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Other Application Settings.

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Affected Areas

Menus / Screens / Fields.

Configuration>Rate Management>Rate Classification> Rate Codes>

Reports & Report Forms.

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Permissions.

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Other Areas.

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