Creating standard rate plans

You can use the Standard Rate Plan Codes page 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 and so on are configured in the Maintain Room Rates page. Refer to Maintaining room rates. Leasing rate details are configured in the Leasing Rate page. Refer to Configuring leasing rates

To create a standard rate plan:

Select Rate and Sales > Pricing > Standard Rate Plans.
In the Rate Plan Details section, specify the information that you require. See additional details about these fields:

Market Segment

Specify the market segment that must be 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 the check box to indicate rate should be suppressed on all printed forms and reports.

Qualifying Web Rate

Select the check box to indicate if the rate can be used for reservations that are completed using the internet. This is used in conjunction with Revenue Management Controls.

Tax Status

Select the Tax Status code to be linked to the standard rate plan.

Global Discount

Select the check box to allow this rate plan to be used as a basis to define discounted rates.

Lease Rate

Select the check box to allow this rate to be used on leases. If this is selected the rate will not show up in standard rate lookup and will only be available for selection within leases.
Click Submit.