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Starting Meeting Package Price Per Day Calculations


After you enter sleeping room types and pricing intervals, Siebel Hospitality can perform meeting package price calculations. Your Siebel application displays the calculated results by attendee type and sleeping room type, and it shows a total meeting package price per day per attendee type. The calculation is for single occupancy for each pricing interval of each sleeping room type. Additionally, a meeting package price per day, minus sleeping rooms, is calculated for day delegates. For more information about price calculations, see About Meeting Package Price Per Day Calculations.

The price adjustment is calculated from the Benchmark Price at the time of the quote booking. The Benchmark Price is the price from the Property Pricing Admin screen, Sleeping Room view, Sleeping Room Pricing Controls list. For more information about benchmark prices, see Setting Up Rates for Sleeping Rooms.

This task is a step in Process of Setting Up Meeting Packages (Administrators).

To start meeting package price per day calculations

  1. Navigate to the Property Administration screen, Properties view, and find a property with an associated meeting package.
  2. Click the link in the Property Name field.
  3. Click the Meeting Packages view tab.
  4. In the Meeting Packages list, select a meeting package for which you want to calculate pricing.
  5. In the view link bar, click Sleeping Rooms.

    The Sleeping Rooms subview displays fields with information relevant to pricing calculations. The fields under the Occupancy Offsets heading display values as described in the following table.

    Field
    Comments

    Single Price Offset

    The price offset that can be applied to single rooms.

    Double Price Offset

    The price offset that can be applied to double rooms.

    Triple Price Offset

    The price offset that can be applied to triple rooms.

    Quad Price Offset

    The price offset that can be applied to quadruple rooms.

  6. In the Sleeping Rooms subview, in the meeting package form after the view link bar, click Price Package.

    Siebel Hospitality calculates the pricing of the meeting package and displays the results in fields in the Sleeping Rooms subview. A field in the Sleeping Room Prices list in the lower part of the view displays a value for each sleeping room pricing interval, as described in the following table.

    Field
    Comments

    Pkg Price (Per Day/Single Occ)

    Read only. Price per day for each complete meeting package for a single occupancy sleeping room.

    NOTE:  You can also click Price Package in the Function Line Items subview and the Non Function Line Items subview.

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