Configuring Daily Rates Pricing Schedule

Use Pricing Schedules to set the pricing for each room type and date. Daily Rates pricing can be setup for the period defined in the Daily Rates Max Days OPERA Control, starting from the current business date.

  1. From the OPERA Cloud Administration menu, select Financial, select Rate Management, and then select Rate Codes.

  2. Enter search criteria and click Search.

  3. From search results, select the rate code, click the Vertical Ellipsis, and select Edit.

  4. On the Rate Code presentation screen, clickPricing Schedules . The Pricing Schedule panel displays 1 Adult and 2 Adults by default. 

  5. Click View Options to add an Extra Adult or an Extra Child and click Apply.

Setting Daily Rates by Date Range

The Set Daily Rates for a Date Range dialog enables you create, replace or apply mass updates to pricing based on the room type, room class, days of the week, and date range entered.

  1. From the Pricing Schedules panel, click Set Rate Range.

  2. Enter the following details to set the pricing schedule for the room class / room type and date range required.

    1. Room Class: Select the room class(es) to which the daily rate pricing is to apply. (Available when the Room Class function is enabled)

    2. Room Type. Select the room types to which the daily rate pricing are to apply. All room types selected in the Rate Code Definition panel, including pseudo rooms, are available.

      Note:

      Included a 0.00 price for the PM pseudo room type in the event the Daily Rate code is sold in business blocks.
    3. Start Date: Enter or select the start date for the pricing update.

    4. End Date: Enter or select the end date for the pricing update.

    5. Create/Replace: Select to create or replace (overwrite) the existing pricing schedule with the new rate amounts.

    6. Add/Subtract: Select to incrementally update the existing pricing schedule.

    7. Select days of the week: Select the days of the week to include within the date range you set. Deselect check boxes to exclude days within the date range.

    8. 1 Adult: Enter the 1-person occupancy rate amount you want to apply for the date range.

    9. 2 Adults: Enter the 2- person occupancy rate amount you want to apply for the date range.

    10. Extra Adult: Specify an extra adult charge to add to the rate for reservations with more than two adults. This extra charge is applied during the booking.

    11. Extra Child: Specify an extra child charge to add to the rate for reservations that have a child accompanied by an adult. This extra charge is applied to the rate during the booking.

  3. Click Set Daily Rates.

Setting Daily Rates by Inline Edit

The Daily Rate calendar displays all room types and their rate amounts from the Start date you searched. You can update individual rate amounts for a specific date, room type, adult and extra adult, or child directly in the calendar.  Click the navigation arrows < > on the calendar header to advance or revert the dates by seven days.

  1. From the Pricing Schedules panel, click Edit. The rate amount fields for 1 Adult, 2 Adult, Extra Adult, and Extra Child are enabled for editing.

  2. Enter or update pricing as required.

  3. Click Save Changes.

Deleting Daily Rates by Inline Edit

  1. From the Pricing Schedules panel, click Edit. The rate amount fields for 1 Adult, 2 Adult, Extra Adult, and Extra Child are enabled for editing.

  2. Delete the price in cell (update to a null value).

  3. Click Save Changes.