Configuring Daily Rates Pricing Schedule

Adding or Updating (Replacing) Daily Rate Pricing by Date Range

From the Administration menu, select Financial, select Rate Management, and then select Rate Codes.
Enter search criteria and click Search.
From search results, select the rate code and click vertical ellipsis, select Edit.
On the Rate Code presentation screen, click Pricing Schedules.
Click Set Rate Range.
1. Click Create / Replace Existing Pricing Schedule.
2. Enter the following details to set the pricing schedule for the room class / room type and date range required.
3. Room Class: Select the room class(es) to which the daily rate pricing is to apply. (Available when the Room Class function is enabled)
4. Room Type(s): Select the room types to which the daily rate pricing are to apply. All room types selected in the Rate Code Definition panel, including pseudo room types, are available. NOTE: Included a 0.00 price for the PM pseudo room type in the event the Daily Rate code is sold in business blocks.
5. Start Date: Enter or select the start date for the pricing update.
6. End Date: Enter or select the end date for the pricing update.
7. 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 price you want to apply for the date range.
9. 2 Adults: Enter the 2- person occupancy price you want to apply for the date range.
10. Extra Adult: Specify an extra adult charge to add to the price for reservations with more than two adults. This extra charge is applied to the booking.
11. Extra Child: Specify an extra child charge to add to the price for reservations that have a child accompanied by an adult. This extra charge is applied to the booking.
Click Save.

Adjusting Daily Rate Pricing by Date Range

To incrementally adjust existing pricing.

From the Administration menu, select Financial, select Rate Management, and then select Rate Codes.
Enter search criteria and click Search.
From search results, select the rate code and click vertical ellipsis, select Edit.
On the Rate Code presentation screen, click Pricing Schedules.
Click Set Rate Range.
1. Click Add / Subtract Existing Pricing Schedule.
2. Enter the following details to set the pricing schedule for the room class / room type and date range required.
3. Room Class: Select the room class(es) to which the daily rate pricing is to apply. (Available when the Room Class function is enabled)
4. Room Type(s): Select the room types to which the daily rate pricing are to apply. All room types selected in the Rate Code Definition panel (link: Configuring Rate Code Definition), including pseudo room types, are available. NOTE: Included a 0.00 price for the PM pseudo room type in the event the Daily Rate code is sold in business blocks.
5. Start Date: Enter or select the start date for the pricing update.
6. End Date: Enter or select the end date for the pricing update.
7. 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 price adjustment you want to apply for the date range.
9. 2 Adults: Enter the 2- person occupancy price adjustment you want to apply for the date range.
10. Extra Adult: Specify an extra adult charge adjustment for reservations with more than two adults. This extra charge is applied to the booking.
11. Extra Child: Specify an extra child charge adjustment for reservations that have a child accompanied by an adult. This extra charge is applied to the booking.
Click Save.

Deleting Daily Rate Pricing Schedules

The Delete Daily Rate Pricing Schedules for a Date Range enables you to apply mass updates to rate amounts based on the room type, room class, days of the week, and date range entered.

From the Administration menu, select Financial, select Rate Management, and then select Rate Codes.
Enter search criteria and click Search.
From search results, select the rate code and click vertical ellipsis, select Edit.
On the Rate Code presentation screen, click Pricing Schedules.
Click Set Rate Range.
1. Click Delete Existing Pricing Schedule.
2. Enter the following details to set the pricing schedule for the room class / room type and date range required.
3. Room Class: Select the room class(es) to which the daily rate pricing is to apply. (Available when the Room Class function is enabled).
4. Room Type(s): Select the room types to which the daily rate pricing are to apply. All room types selected in the Rate Code Definition panel (link: Configuring Rate Code Definition), including pseudo room types, are available. NOTE: Included a 0.00 price for the PM pseudo room type in the event the Daily Rate code is sold in business blocks.
5. Start Date: Enter or select the start date for the pricing deletion.
6. End Date: Enter or select the end date for the pricing deletion.
7. 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. Click Save.

Adding or Editing Daily Rates Pricing Schedules Inline

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.

Click the navigation arrows < > on the calendar header to advance or revert the dates by seven days.

From the Administration menu, select Financial, select Rate Management, and then select Rate Codes.
Enter search criteria and click Search.
From search results, select the rate code and click vertical ellipsis, select Edit.
On the Rate Code presentation screen, click Pricing Schedules.
Enter search criteria then click Search.
Click Edit.
The rate amount fields for 1 Adult, 2 Adult, Extra Adult, and Extra Child are enabled for editing.
Enter or update pricing for each date and room type as required.
Click Save.