Using global discount rates

Use the Global Discount Rates page to set up discounted rates at the global level. All participating properties can use global discount rates to provide discounted rates to guests.

Before you can set up the global discount rate:

  • You must create a standard rate plan where the Global Discount field is set to the value Discount Rate.
  • You must create a standard rate plan where the Global Discount field is set to the value Discountable. This rate plan is used as the baseline rate plan when you set up the global discount rates.

To set up global discount rates:

  1. Select Rate and Sales > Pricing > Global Discount Rates.
  2. In the Action section, click the Standard Rate Plans link. The Standard Rate Plan Codes page is displayed.
  3. Click the Add New Code link to create a new code or you can click the Edit icon to modify an existing rate plan.
  4. In the Standard Rate Plans tab, specify the information that you require. See additional details about these fields:
    Active
    Select Yes to specify that a rate plan is active.
    Market Segment
    Select the market segment for the rate plan.
    Rate Suppressed
    Select Yes to print the rates on customer receipts.
    Qualified Web Rate
    Specify if this rate can be used for bookings completed using the internet.
    Global Discount
    Set the value to Discount Rate. This standard rate plan is displayed on the Global Discount Rates page.
  5. Create a new standard rate plan based on the steps mentioned above. Set the value of the Global Discount field to Discountable.
  6. Select Rate and Sales > Pricing > Global Discount Rates.
  7. Select the global discount rate that you have created.
  8. On the Global Discount Rate tab, specify this information:
    Minimum Length of Stay
    Specify the minimum number of days that a guest must stay in the property to avail this discounted rate.
    Maximum Length Of Stay
    Specify the maximum number of days that a guest can stay in the property to avail this discounted rate.
    Discount
    Specify the discount percentage or if the discount must be a fixed amount.
    Adjustment Type
    Select the rate that must be used as a basis to calculate the discount. Following are the available options:
    • Adjust Best Available Rate
    • Adjust Baseline Rate
    Baseline Rate Plan
    Select the baseline rate plan. This is the standard rate plan in which the Global Discount field is set to the value Discountable. The discount that a customer receives is calculated based on the baseline rate plan.
    Decrease Rates by
    Specify the percentage or a fixed amount which must be subtracted from the baseline rate plan.
    Rounding Scale
    Specify the value based on which the amount is rounded.
    Tax Included
    Select the check box to specify if the tax must be included to calculate the discounted rate.
    Apply Dynamic Pricing
    Select the check box to include the rate plan in the dynamic pricing.

    See Calculating Tier-2 adjustment rates.

    Exclusive Rate
    Select the check box to indicate that the rate is an exclusive rate.
    Allow Rate Overrides
    Select the check box to override the default settings and allow the user to modify the rates.
  9. Click Save Parameters to save the information.
  10. Click Activate to use the rate plan.
  11. Click the Participating Properties tab.
  12. Select the states. The properties located in the selected states are displayed in the property list.
  13. Click Display Properties.
  14. Select the properties that must use the global discount rates. Alternatively, you can click Enable All to select all the properties.
  15. Click Save to save the selections.
  16. Click the Sales Channel tab.
  17. Click the Edit icon corresponding to the sales channel that you want to set to the Active status.
  18. Alternatively, select the Activate All check box to set all the sales channels to the Active status.