Updating the Negotiation Rate (Sales Representative)

Perform the following procedure to update the negotiation rate for a room block. This procedure assumes that the room block records have already been created for the quote.

This task is a step in Process of Managing Hospitality Revenue.

To update the negotiation rate

1. Navigate to the Quotes screen, then the List view.

2. In the Quotes list, query for the quote record.

3. In the Quote record, click the link in the Quote # field.

4. From the Room Blocks form, scroll down and click the Negotiation Rates view tab.

5. In the Negotiation Rates list, click Calculate Rates.

   A new record appears in the Negotiation Rates list.

6. In the new record, update the value in the Negotiation Rate field.

   If the proposed negotiation rate is lower than the negotiation floor rate, an error message appears when the user attempts to save the Negotiation Rate record.