Prerequisites for Configuring Daily Rates.
Daily rates allow you to change the price schedule for each room type on a daily basis. This allows you to work with rates on a more detailed level by raising or lowering rate schedules for future dates as needed. You can manage rates according to your daily needs whether or not a yield management system is integrated with OPERA Cloud. You can designate up to 20 rate codes as daily rates. Daily rates can coexist with other traditional date-range based rate codes.
You can use Daily Rates with another feature that provides dynamic calculations of daily rates called, Daily Rates with Dynamic Base Rates. Through a different setup and configuration, OPERA Cloud makes the pricing schedule calculation and applies the lowest daily rate for the guest's stay based on availability. See Dynamic Base Rates for more information.
Adding Daily Rate
Create daily rate codes by using the Creating a New Rate Code presentation page.
To identify the rate code as 'Daily Rate,' select the Daily Rates check box on the Rate Code Type panel.
Select the Pricing Schedule panel. Refer to: Managing Daily Rates.