Managing Daily Rates

Use Pricing Schedules to manage daily rates for each room type on a daily basis. Daily rates are identified by the Rate Category of Daily.

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

2. Select or confirm the Property.

3. Select the Rate Category Daily and click Search.

4. From search results, select the rate code, click the vertical ellipsis, and select Edit.

5. In the Rate Code Configuration screen, click the Pricing Schedules link and navigate to the Pricing Schedule panel. The Pricing Schedule panel displays 1 Adult and 2 Adults by default.

6. 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 to apply mass updates to rate amounts 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 (Available when the Room Class function is enabled). Select the room class(es) to which the daily rate pricing is to apply.

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

      Note:

      Pseudo room types are included in the event the Daily Rate Code is sold in a business block. Rate details are available for PM room type reservation(s) created for the block.

   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.

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 amounts as required.

3. Click the calendar arrows to advance or revert the dates by seven days.

4. Click Save Changes.