How to use the Rate Wizard to create a new rate at the category level, plus how to scope it to specific areas afterwards.

Overview

The Rate Wizard in RMS is an intuitive, step-by-step tool that helps you set up rates quickly and accurately, especially useful if you're new to rate configuration.

Behind the scenes, the wizard builds a Rate Lookup for you. A Rate Lookup is the link that connects:

• a Rate Type,

• a Rate Period, and

• a Rate Table

to one or more Categories.

By guiding you through each decision in order, the Rate Wizard simplifies what would otherwise be a multi-screen setup into a single, guided workflow.

Creating a New Rate

Follow these steps to create a new rate from the Rate Manager using the New Rate Wizard.

1. Go to Charts > Rate Manager.
2. Select New Rate Wizard.

1. Choose a Rate Structure.
   1. OTA Rate or Direct Rate
2. Select an existing Rate Type or Create a New Rate Type.
3. Choose Next.

1. Select one or more Categories the new rate should apply to.
2. Choose Next.

1. Select an existing Rate Period or create a new period.
2. Choose Next.

1. Select either:
   1. Use Existing Rate 
      (Select a Rate from your existing rates to use the same rate)
   2. Create New Rate Based on Existing Rate, or
      (Select a Rate from your existing rates to copy and update)
   3. Create New Rate. 
      (The following steps will guide you through this.)
2. Enter a Rate Table Description.
   Use a clear name so you can easily identify this table later (e.g., "BAR - High Season 2026").
3. Select the Rate Format.
   (E.g., Nightly, Daily, Hourly...)
4. Enter the Person Base & Rate Amount.
5. Click Save.

1. (Optional) Configure any additional Rate Components.
   (E.g., Extra Adult/Child (Additionals), Discounts, or other supplements, depending on your configuration).
2. Click Save & Exit to complete the setup.

To create additional rates for other periods or categories, repeat this process as many times as needed.

Need to apply the rate to specific areas instead of an entire category? See Scoping a Rate Lookup to an Area in the Rate Lookup article.