For each room, you can create different derived rates:
based on occupancy π», cancellation policy (Refundable or Non-Refundable) π΅, breakfast included π©, etc.
But how do you link these rates together?
And how do you edit the derivation rules? π
Where to find derived rates
Go to:
Rooms/Apartments > Show > Other actions > Manage derived rates
Here youβll see the map of Rooms and Rates active in your property π
(If youβre unsure, check the Rooms and Rates article)
How to edit a derived rate
Double-click on one of the boxes to open its details.
You can then view and edit the derivation rules, meaning the settings that link the main rate to its derived rate.
1οΈβ£ Top section: rate information
You will find, for example:
Number of guests (e.g. rate for 2 Guests)
Rate Plan associated with the selected rate
2οΈβ£ Bottom section: derivation rules
Here you decide how the derived rate behaves compared to the main rate.
Based on
Indicates the main rate the derived rate refers to.
Example: Garden β Double Room standard.Price
Defines how much more or less the derived rate costs compared to the main one.
Example: β10% compared to the standard.Availability
If you receive a booking on the main rate, should the derived rate update its availability automatically?
βοΈ Tick this box.Length of Stay
Should the derived rate follow the same minimum stay rules as the main rate?
βοΈ Tick the box.Restrictions
Should it follow the same check-in/check-out restrictions?
βοΈ Tick the box.Close Sales
If you apply a Stop Sale on the main rate, should it also apply to the derived rate?
βοΈ Select this option.
Summary of derivation rules
At the bottom, you'll find a summary of the settings applied, such as:
β10% compared to the standard rate
Rates linked for:
A > Availability
M > Minimum Stay
R > Restrictions
Talk to you soon!
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