Catering packages can include package price code covering the various event components the package offers. Use the following steps to configure a package price code.
From the Administration menu, select Booking, select Resource Management, and then select Catering Package/Template Setup.
Enter or confirm the Property.
Click the check box(s) for Packages, Templates, or Both, and then click Search.
If you select the radio button for template, the option for pricing will not be available as pricing is specific to packages.
Click the Action ellipsis on a package listed in your search results and select Edit.
In the Pricing panel, click New.
Create a Price Code and a Description.
Select a Market Code from the pre-configured list of codes.
Booking Type is an additional field that can be configured as part of the pricing. It is optional similar to Market Code and allows the hotel to control the availability of the package based on the selected booking type. When the booking type matches the booking type of the block, the price code becomes available.
Enter the Sell Date From and Sell Date To reflecting when the pricing code is available
Enter the Block Date From and Block Date To indicating the price is available only to blocks booked between these dates. Block dates must fall within the package sell dates.
Enter the minimum and maximum number of attendees intended for the package price code.
Enter the minimum and maximum number of attendees intended for the package price code.
Click Flat Price reflecting a flat price for the package. If left unchecked, the pricing defaults to per person.
In the Revenue Details section within the Pricing panel, enter a Price for each event and Revenue Type. The package price will increase.
In the Forecast field, you can also enter the whole estimated value of the Price Code. The amount entered is this field will be used for revenue forecasting.
The amount entered into the Price field is how much revenue should be allocated for the event and revenue type combination.
The Cost Split is the hotel's internal cost. For example if the package includes a dinner with a menu that includes wine and stuffed chicken, the hotel package pricing could look like the following:
Click the ellipsis next to the New button and select Refresh to update the screen after entering pricing. The package price increases to reflect your changes.