Dynamic BAR Based Rates are rate codes dependent on and derived from Dynamic Best Available Rates (DBAR). For example, you could configure a corporate, negotiated rate called ABC and base it on the DBAR rate code of DBAR2. When you perform a rate search for guests with the negotiated ABC rate attached to their profile, using the ABC rate code and Dynamic BAR as search filters, the ABC rate is automatically returned with the discounted amount for the DBAR2 rate code according to the negotiated rate agreement.
Rates for the Dynamic BAR Based rate are calculated dynamically and are not entered in the Rate Code Configuration. When the Dynamic BAR Based option is selected under the Rate Code Type in the Rate Code Configuration, OPERA Cloud compares against the Best Available BAR for the stay dates checked during the rate availability search. An internal condition is used to compare rate details between the Dynamic BAR Based rate set and the calculated rate value. The lower of the two values is returned in the rate search results.
Example 12-7 Example
If the Dynamic Best Available Rates (DBAR) rate set has a rate detail for 1 adult at $100 and the calculated value from the DBAR rate is $120, it returns $100.
If the DBAR based rate set has a rate detail for 1 adult at $150, and the calculated value from the DBAR rate is $120, it returns $120.
General Guidelines
The following guidelines apply when using Dynamic BAR Based rates:
DBAR rate codes serve as the base rates for Dynamic BAR Based rates.
Negotiated rates can be added to rate codes that are BAR or BAR Based.
Process Overview
DBAR rate codes must serve as the base rates and should already be configured for your property.
Create a new rate code for your property derived from the DBAR rate code. Configure this new rate code from the Administration menu by selecting Financial, selecting Rate Management, and then selecting Rate Codes.
Select the Dynamic BAR Based option under the Rate Code Type section on the Rate Code Configuration screen.
Dynamic Best Available Rates (DBAR)
Dynamic Best Available Rates (DBAR) enable you to manage and provide the lowest rates per day to customers at your property. When DBAR is configured, the lowest prices appear based on the availability for stay dates, room type, and length of stay. Additionally, reduced rates derived from these DBAR rate codes can also be configured for different customer types, such as corporate guests or guests belonging to a membership program. These reduced rates are calculated dynamically and appear when guests with these rate codes attached to their profiles inquire about availability.
During the DBAR configuration process, you create rate codes and assign rate levels to them. Levels are assigned for various lengths of stay (LOS). For example, a rate code might be available for an arrival date (Dec. 31) for one night. This could be assigned Level 1. A different rate level, of Level 2, could be assigned to another rate code for the same arrival date (Dec. 31) for a length of stay of two nights. Another rate level, designated as Level 4, could be assigned to another rate code for the arrival date of Dec. 31, but for a length of stay of four nights. When you search for an arrival date, room type, and length of stay at your property, the lowest rates appear in the search results, according to the established Rate Level with the rate code.
Rate codes can also be classified together and configured into groups. For example, you can configure groups for rate codes associated with the government, a corporation, or for rates calculated dynamically with DBAR functionality. Each rate code can be attached to only one group regardless of the property. Also, a Rate Level and Rate Group combination is unique, whereas no two Rate Codes can have the same Rate Group and Level defined.
Example 12-8 Example of DBAR Rate Codes and Dependent Rate Codes
A request for an arrival on 1/19 for three nights for room type A1B returns a match with rate code DBAR3 and a rate of $500.00. As mentioned previously, you can further reduce the rate for group or corporate guests by configuring Dynamic BAR Based rate codes that are dependent upon the DBAR base rate code. The reduced rate is automatically calculated when the search is done for the guest's dependent rate code (for example, CORP_RATE). In this example, a corporate rate is 10% off the DBAR rate.Table 12-17 DBAR Rate Codes and Dependent Rate Codes (Dynamic BAR Based rate codes)
| Beginning Date | Length of Stay | Room Type | Level | Group | DBAR Rate Code | DBAR Rate Amount | Dependent Rate Code (- 10% based on DBAR) | Dependent Rate Code Amount (-10% based on DBAR amount) |
|---|---|---|---|---|---|---|---|---|
|
1/19 |
1 |
A1B |
1 |
DBAR |
DBAR1 |
700.00 |
CORP_RATE |
630.00 |
|
1/19 |
2 |
A1B |
2 |
DBAR |
DBAR2 |
800.00 |
CORP_RATE |
720.00 |
|
1/19 |
3 |
A1B |
3 |
DBAR |
DBAR3 |
500.00 |
CORP_RATE |
450.00 |
|
1/19 |
4 |
A1B |
4 |
DBAR |
DBAR4 |
300.00 |
CORP_RATE |
270.00 |
Parent topic: About Rate Codes