Siebel Hospitality Guide > Setting Up Meeting Packages > About Meeting Package Price Per Day Calculations >
Example of Meeting Package Price Per Day Calculations
This example shows price per day calculations for a meeting package with a two-day duration. Multiple functions, function line items, and sleeping rooms are associated with the meeting package. In the tables in this topic, NA stands for Not applicable. The items and values for the Breakfast Meeting function are shown in Table 21.
Table 21. Function 1 - Breakfast Meeting
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Breakfast Meeting |
Per Day |
NA |
DD/CMP |
Not applicable |
NA |
NA |
NA |
50.00
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Breakfast Menu
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NA |
Per Person |
NA |
15.00
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Price Override |
10.00
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1
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NA |
Projector
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NA |
Each |
NA |
500.00
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Per Person Allocation |
10.00
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1
|
NA |
The items and values for the Happy Hour function are shown in Table 22.
Table 22. Function 2 - Happy Hour
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Happy Hour |
Per Stay |
NA |
CMP |
NA |
NA |
NA |
NA |
50.00
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Appetizers
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NA |
Per Person |
NA |
10.00
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Price Override |
5.00
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1
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NA |
The items and values for the Meet and Greet function are shown in Table 23.
Table 23. Function 3 - Meet and Greet
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Meet and Greet |
Per Day |
NA |
DD |
NA |
NA |
NA |
NA |
50.00
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Appetizers
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NA |
Per Person |
NA |
10.00
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Price Override |
9.50
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1
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NA |
Projector
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NA |
Each |
NA |
500.00
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Per Person Allocation |
10.00
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1
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NA |
The nonfunction items and their values are shown in Table 24.
Table 24. Nonfunction Line Items
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Tour Book |
Per Stay |
Per Room |
CMP |
100.00
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Price Override |
75.00
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1
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Wi-Fi |
Per Day |
Per Person |
DD/CMP |
25.00
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Price Override |
10.00
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1
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Valet Parking |
Per Day |
Per Person |
DD |
35.00
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Price Override |
30.00
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1
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The sleeping room types and their values are shown in Table 25.
Table 25. Sleeping Room Types
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Standard King |
Can vary by day. |
Price Override |
200.00
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Deluxe King |
Can vary by day. |
% Discount |
10.00
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For this example, the Package Price (Per Day) for each Sleeping Room Type is calculated as shown in Table 26. NOTE: If the sleeping room allocation is not based on a price override but is calculated from the benchmark rate for that day specified on the quote at run-time, then the package price cannot be calculated in the meeting package administration record.
Table 26. Package Price (Per Day) for Each Sleeping Room Type
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SR Allocation |
200.00
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Cannot be calculated because this value depends on the benchmark rate for the day on the quote. |
Function 1 - BF menu |
10.00
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10.00
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Function 1 - Projector |
10.00
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10.00
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Function 1 - Fxn Space Rental |
50.00
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50.00
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Function 2 - Appetizers |
2.50
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2.50
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Function 2 - Fxn Space Rental |
25.00
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25.00
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Tour Book |
37.50
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37.50
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Wi-Fi |
10.00
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10.00
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Package Price (Per Day) |
345.00
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Cannot be calculated because the SR allocation is variable. |
For this example, the Package Price (Per Day) for DD is calculated as shown in Table 27.
Table 27. Package Price (Per Day) for DD
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F1 - BF menu |
10.00
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F1 - Projector |
10.00
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F1 - Fxn Space Rental |
50.00
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F3 - Appetizers |
9.50
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F3 - Projector |
10.00
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F3 - Fxn Space Rental |
50.00
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Wi-Fi |
10.00
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Valet |
30.00
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Package Price (Per Day) |
179.50
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