Overview

A Rate Table establishes the fee structure for a standalone rate within RMS. The Hourly Rate Table determines the price per hour based on the amount entered. The Loop Back option can be used to revert to the first-hour price once the specified number of hours has passed on the reservation. 

Length-of-stay restrictions, additional guest fees, Dynamic Pricing rules, and package components can all be included in a Rate Table, with many of these elements configurable across multiple layers of rate components. The Rate Hierarchy governs which validation criteria and rate rules apply when multiple rate layers are used in a reservation.

Tip! To apply rates beyond 10 hours, an Hourly Amount for "After 10 Hours" or a  Loop Back must be set.

Please Note! RMS is highly configurable. Some Terminology, User Access & Permissions, Images, Labels, and Functions used in these articles may differ from your setup. CLICK HERE to find out more.

Guide

A Rate Type and Rate Table can only be linked in a Rate Lookup if they are set up within the same rate structure. 

Please Note! The Hourly Rate Table must be set up within the Direct rate structure.

In the side menu of RMS, go to Charts > Rate Manager.

1. Select Rates.
2. Select Rate Tables.
   
    
3. Select Add.
   
    
4. Enter a unique Description.
5. Select the 'Direct Rate' Structure.
6. Choose the 'Hourly' Format.
7. Enter the Person Base.
   The number of people included in the rate is below.
8. Enter the Hourly Rate Amounts.
9. Designate an 'After 10 Hours' Price 
   An Hourly Amount for 'After 10 Hours' or a Loop Back must be set to have rates applied beyond 10 hours on a reservation.
   (Optional) Enter a Loop Back.
   (Optional) Configure any additional Rate Features.
   (Min nights, Dynamic Pricing, Additional charges).
10. Select Save/Exit.
    

Important! Creating a Rate Table does not make the rate bookable.  To activate the rate, the Rate Table must be linked within the Rate Lookup or  through the New Rate Wizard.