Creating standard rate plans

Use the Standard Rate Plan Codes screen to create new standard rate plans or to view and modify existing rate plans. This page displays a list of all rates that are used across all properties in the enterprise, in alphabetical order.

Note: The properties share the standard rate plan code. The definition of the standard rate plan must be consistent across the properties.

Additional rate details such as prices, validity can be configured on the Maintain Room Rates screen. Refer to Maintaining room rates. Leasing rate details are configured in the Leasing Rate screen. See Configuring leasing rates

Select Rate and Sales > Pricing > Standard Rate Plans. The Standard Rate Plans screen is displayed.
Specify this information in the Rate Plan Details section:
Market Segment

The market segment that is linked to the standard rate plan. The rates that you define are based on the market segment for which you are defining the standard rate plan.

Rate Suppressed

Select this check box to indicate that the rate should be suppressed on all printed forms and reports.

Qualifying Web Rate

Select this check box to use the rates for the reservations that are completed online. This is used in conjunction with Revenue Management Controls.

Tax Status

The status of the standard rate plan.

Global Discount
The option to allow this rate plan to be used as a basis to define discounted rates. Available option:
- Discount Rate
- Discountable
Lease Rate

Select this check box to allow this rate to be used on leases. When selected the rate will be included in standard rate lookup and is available for selection within leases.
Click Submit.

Note: You can click the Associate Properties option to associate the rate plans with one or more properties, for the purpose of synchronizing rate plans to another HMS system. To enable this option, the CENTRALSYNC property parameter must be selected. The option is displayed with an indicator when a property(s) is associated with the specific room type.