About Rate Codes
Rate Codes form the core of OPERA Cloud reservation and rate process. Rate codes are used to define the various prices for each room type over a particular date range or rate season.
Rate codes can be configured in multiple currencies. For overseas agents, where contracts may be negotiated in US dollars, a separate rate code in US dollars can be added that will be converted to local currency using a predefined exchange rate. The conversion to local currency can be defined as fixed at check in, fixed at time of reservation, current date, or fixed at block.
Rate codes are also used to support property packages that include food, beverage, leisure or other elements. By associating package elements with a rate code, it is possible to build a package of entitlements for a guest staying on the rate.
- Base Rates
- Dynamic Base Rates
- Configuring Advanced Daily Rates
- Configuring Rate Code Rate Information
- Advanced Dynamic Base Rates
- About Best Available Rates
- Dynamic BAR Based Rates
- BAR Based Rates
- Configuring Rate Codes
- Configuring Rate Code Type
- Configuring Rate Code Financial Details
- Configuring Rate Code Negotiated Profiles
- Managing Rate Code Approval
- Configuring Rate Code Restrictions
- Configuring Multi Transaction Code Rate Codes
- Configuring Daily Rates
- Configuring Rate Code Pricing Schedules
- Configuring Best Available Rate Schedules
- Configuring Rate Code Sell Controls and Distribution
- About Occupant Threshold Pricing
- Configuring Rate Code Package Inclusions
- Configuring Rate Code Access Exclusion
- Configuring Rate Code Definition
- Age Buckets
- Rate Code Posting Rhythm
- Configuring Advanced Rate Code Posting Rhythms
- Configuring Rate Code Default Routing Instructions
- Rate Ownership
- About Tiered Rate Codes
Parent topic: Rate Management