Weekend and Weekday Properties Pricing

Some properties quote different rates for weekends as compared to weekdays and as a result, two different weighted average rates can be quoted to the customer. The administrator can define these properties by checking the Weekend/Weekday flag.

These properties implement business rules that price room rates for weekdays differently than room rates on the weekends because the guest profile on weekdays (typically business travelers) is different from the guest profile on the weekends (typically leisure travelers). Weekday and weekend pricing administration involves identifying the days that are priced using weekday rates, and days that are priced using weekend rates. Days defined as weekend days do not have to be consecutive, and the weekend day might include additional price adjustments on the room rate.

The location of the property is also a key factor in pricing room rates for weekends and weekdays. For example, a property located near a theme park such as Disney World might have different room rates for weekends and weekdays than another property in the same metropolitan area, but located near a financial district.