Siebel Hospitality Guide > Applying Quote and Order Pricing > About Sleeping Room Pricing >

Pricing and Room Occupancy

Any time a group sale occurs, the sales user captures occupancy information that is applied to the entire room block. This information includes:

• Occupancy Percentage. The percentage of rooms that are single, double, triple, and quads.
• Occupancy Price Offsets. The pricing offsets to be applied for each type of occupancy.

Table 105 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 %

The following information is entered for Occupancy %:

• Single % equals 50
• Double % equals 50

Occupancy Price Offset

The following information is entered for Occupancy Price Offset:

• Double Price Offset equals 20

The following actions occur during weighted average price calculations:

• The room price is retrieved for each room type in the Room Block Line Items list.
• The weighted average price is calculated for each room type.
• After the weighted average price is calculated, the price offsets are applied.

In this example, the weighted average price for the 50% single-room type occupancy is:

(50 multiplied by 100 plus 100 multiplied by 110 plus 150 multiplied by 120) divided by (50 plus 100 plus 150) equals $113.33

The weighted average price for double rooms occupancy is:

Weighted Average Price (Double Occupancy) equals Weighted Average Price (Single Occupancy) plus Price Offset for double.

Weighted Average Price (Double Occupancy) equals $113.3 plus $20 equals $133.33