Advanced Dynamic Base Rates
Overview
The Advanced Dynamic Base Rate enables you to create a rate derived from another rate (a Base Rate) or derived from both a Base Rate and a BAR Based rate. This rate structure provides flexibility by enabling you to configure the rate as either a flat amount or a percentage. In addition, you can choose to apply the BAR rate amount to the Advanced Dynamic Rate calculation and you can optionally select a rounding method. Advanced Dynamic Base Rate also offers the ability to compare the rate configuration details with other Base Rate amounts.
Compare with Pricing Schedules
The Compare with Pricing Schedules check box in the Advanced Dynamic Base Rate on the Rate Code Type panel to compare the rate amount calculated on the pricing schedule using the Advanced Dynamic Base Rate's base rate code and the amount calculated using the BAR rate and then shows the lowest rate per day in the Look to Book search results.
When the Compare with Pricing Schedules check box is selected , the rate amount calculated on the pricing schedule using the Advanced Dynamic Base Rate's base rate code is compared to the amount calculated using the BAR rate (for that date and the same number of persons and room type) and then shows the lowest rate per day in the Look to Book search results.
Bar Applied To Pricing Schedule
When Bar Applied to Pricing Schedule OPERA Control is active, the Apply BAR check box is also available on the pricing schedule under the Base Type field. Select this check Box to indicate which pricing schedule will be BAR based.
Bar Details Display Option
When Bar Details Display Option OPERA Control is active and the Apply BAR check box is selected, the BAR Base Type , BAR Base Amount and rounding fields are displayed on the pricing schedule panel and you can define a different amount/type/rounding to apply to the BAR instead of using the Base Rate fields.
Example 13-3 Example 1
-
ADBR (Advanced Dynamic Base rate) = to be determined
-
BASE1 (BASE rate) = $100.00
-
BAR1 (BAR rate) = $80.00
Table 13-12 Rate Code Setup
Base Amount | BAR Base Amount | Apply BAR | Compare with Rate Details |
---|---|---|---|
$10.00 (Flat) |
10% |
Yes |
No |
Table 13-13 Look To Book Rate Availability Result
Rate Code | Nights | Adults | Amount |
---|---|---|---|
ADBR |
1 |
1 |
$88.00 |
Table 13-14 Rate Code Setup
Base Amount | BAR Base Amount | Apply BAR | Compare with Rate Details |
---|---|---|---|
$10.00 (Flat) |
10% |
Yes |
Yes |
Table 13-15 Look To Book Rate Availability Result
Rate Code | Nights | Adults | Amount |
---|---|---|---|
ADBR |
1 |
1 |
$88.00 |
Example 13-4 Example 2
-
ADBR (Advanced Dynamic Base rate) = to be determined
-
BASE1 (BASE rate) = $50.00
-
BAR1 (BAR rate) = $80.00
Table 13-16 Rate Code Setup
Base Amount | BAR Base Amount | Apply BAR | Compare with Rate Details |
---|---|---|---|
$10.00 (Flat) |
10% |
Yes |
Yes |
Table 13-17 Look To Book Rate Availability Result
Rate Code | Nights | Adults | Amount |
---|---|---|---|
ADBR |
1 |
1 |
$60.00 |
Table 13-18 Rate Code Setup
Base Amount | BAR Base Amount | Apply BAR | Compare with Rate Details |
---|---|---|---|
$10.00 (Flat) |
10% |
Yes |
No |
Table 13-19 Look To Book Rate Availability Result
Rate Code | Nights | Adults | Amount |
---|---|---|---|
ADBR |
1 |
1 |
$88.00 |
Parent topic: About Rate Codes