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Siebel Hospitality Guide > Applying Quote and Order Pricing > About 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 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 %: Occupancy Price OffsetThe following information is entered for Occupancy Price Offset: The following actions occur during weighted average price calculations:
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 |
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