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Overview

The MANAGE RATES function allows you to quickly change the rate and restrictions for a rate plan for a specific day or date range up to 57 weeks in advance. This  is often used to manage rates for peak periods – Long Weekends, Special Events, Holidays, Weekly Rates, etc.

All changes to Rates and Restrictions are done in SETUP | RATE | MANAGE RATES after a default Rate Plan is created. Once a default Rate Plan is set up, then it will appear in the drop-down list in Manage Rates, . A Default Rate Plan must first be set up SETUP | RATE | DEFAULT RATES. If you need to add a new Rate Plan or change the description of the Rate Plan , see go to Default RatesThe Manage Rates feature allows you to quickly change rates and set restrictions such as, MINLOS, CTA, for a specific day or date range up to 57 weeks in advance. Often, this is used to manage rates for peak periods – Long Weekends, Special Events, Holidays, Weekly Rates, etc.

Once a default Rate Plan is set up, it must then be "managed" in MANAGE RATES. This means that all changes to rates and restrictions, from today's date forward, needs to be done in MANAGE RATES. The rate that you entered will be the default for the Rate Plan. Once the Rate Plan is set up, it will appear in the drop-down list in MANAGE RATES.

There is the option to manage only the Restrictions of single or multiple rate plans at the same time using Manage Restrictions. To manage Child Rate Plan restrictions, see Child Rate Restrictions The Manage Restrictions function is an optional setting and is enabled in SETUP | SETTINGS | GENERAL SETTINGS. The feature must be set to "Yes" to make Manage Restrictions function visible under Manage Rates. For instructions on how to enable Manage Restrictions, see General Settings  

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Each Rate Plan is assigned it's own Rates and Restrictions and is managed with can be changed in four ways:

  1. Manage Single Rate Plan Change the rate and restrictions for a Rate Plan, unless selected for a multiple rate change.

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  2. Manage Multiple Rate Plans Change multiple rates at the same time using a percentage % or dollar amount $ adjustment.

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  1. Note: can not be used to manage the restrictions on a rate plan.
  2. Rate Grid - Daily Rate Change The Rate Grid also gives you the ability to change a rate on one day by clicking on the rate.

Restrictions and No. of Guests are unique to each Rate Plan and must can be adjusted individually.Therefore,when changing those items, you must make the changes to each of the Rate Plans you need to adjust in Manage Single Rate Planfor a Single Rate Plan or multiple Rate Plans at the same time. There is the option to manage only the Restrictions of single or multiple rate plans at the same time using Manage Restrictions. To manage Child Rate Plan restrictions, see Child Rate Restrictions

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How to Manage Rate Plans

  • Daily Rates can be managed either individually (with Manage Single Rate) or for multiple Rate Plans (with Manage Multiple Rates)
  • Additional Adult or Children Charge: These are unique to each Rate Plan and must be adjusted individually .Therefore, when changing additional guest charges for any single rate, you must make the changes to each of the Rate Plans using the the Manage Single Rate Plan method.
  • Restrictions: Restrictions are unique to each Rate Plan and must be adjusted individuallyin Manage Single Rate Plan. Therefore, when changing Restrictions for any single rate, you must make the changes to each of the Rate Plans using the Manage Single Rate Plan method. See Single Rate Restrictions - MIN LOS, CTA
  • Weekly Rates: Rate Plans also have the option of including Weekly Rates. See Weekly Rates If you have unique weekly rates and want to enable the Weekly Rates feature, go to Booking Engine Settings Booking Engine Settings

Choosing a Rate Plan: From the drop-down menu, choose the Rate Plan that you want to manage.  If you have created Rate Groups, then the rates in that group will display together with a header. if you want to change rates for another Rate Plan during the same date range selected, then just go to the "Choose Rate" drop-down menu and click "Update Rates". The screen will change to display the selected Rate Plan which is shown in the blue box at the bottom of the grid.

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