The Default Rates area displays a list of all of the Rate Plans you have created for your property. Here you can modify the characteristics of a Rate Plan and create a new Rate Plan, but any Rate changes must be done in Manage Rates.
Create as many Rate Plans as needed and allocate these Rate Plans to Room Types or Packages. Although each Room Type can only be assigned one default Rate Plan, multiple Rate Plans can be allocated to the same Room Type for seasonal rates and promotions. See Agent Relationships and Promotions
There are three types of Rate Plans you can create, see details on each in the following sections.
In the example below, The Queen Rate Plan is assigned to the Queen Room Type. This will appear as the standard rate plan for all Rooms in the Queen Room Type. To create a Special, discounted rate or package for the Queen Room Type, first create a new single rate or child rate and then allocate the additional rate plan in the Agent Allocations (RELATIONSHIPS|AGENT RELATIONSHIPS). See Agent Allocations. Or, in a Package. See Packages
Rate I.D.: Rate ID will be seen in the Rate Plan drop-down list when making or editing a booking.
Rate Description: Rate description will be seen in the Rate Plan drop-down list when making or editing a booking.
Rate Group: Rate Groups are created primarily for Group bookings to apply a set of rates that correspond to a Room Type. See Add Rate Group
Rate Type: Per person refers to the # of people included in the Room Rate (typically 2). This allows you charge an extra fee for additional guests in the same room. A flat rate refers to a Flat Rate regardless of number of people.
Parent/Child: Parent Rates are the main rates and can have child rates set up underneath them. See Parent Rates and Child Rates
Adult Day: This is the primary weekday Rate for the Rate Plan.