How to create Rate Strategies ?

This article will show you how to create rate strategies in Rate Availability.

Go to Reservation | Rate Availability

Go to Reservation | Rate Availability

Rate Availability

Rate Availability

1) Enter the month for which you want to see the rate breakdown.

2) Select a rate code/rate code detail.

3) Define the period for which you want to apply the strategy

4) From the "Strategy" drop-down list, select the the type of rate block and if required, enter a parameter in the "P1" and "P2" boxes.

5) Click New to continue.

Parameter(s)

Parameter(s)

Descriptions of the different strategies;

1) -Open

Rate is Available

2) X Closed

Rate is not available

3) A Closed for arrivals

Rate cannot be selected for arrival on a day within the defined period

4) M Minimum stay P1 days

You can block rate codes for stays below the defined minimum length of stay.

5)  MA Minimum length of stay on arrival P1 days

You use this strategy to define  a set number of nights in combination with a specific arrival day for a rate code

6) MR Minimum remaining length of stay P1 days

If a stay extends beyond a certain day, you use this strategy to define how many nights have to follow this day to be able to post this rate.

7) P1-P2 Stay length must be in between P1 and P2 days

This rate code will only be available for a length of stay that is between the values entered.

This blocks rates for stays of a specific length.

The rate will then be offered for reservations that do not fall within this period.

8) PP1 Minimum of P1 Adults

Blocks rates for reservations below a defined minimum occupancy

9) #P1 Open when staying P1 days  or a multiple of P1 days.

This strategy is intended for special (cyclical) offers in conjunction with a specific length of stay

10) PP1 Minimum of P1 Adults

Blocks Rates for reservations below a defined minimum occupancy

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