Copy an existing Rate Table and edit the rate amounts to quickly setup rates for future seasons.

Overview

A Rate Table defines the fee structure for a standalone rate and the calculation point for adjustments set on a Derived Rate in RMS.

It determines how rates are calculated based on the selected 'Format' and 'Based On' options, along with the values entered.
The chosen Rate Structure on the Rate Table dictates the available calculation options, with each format offering one or more 'Based On' options to further refine how the rate values are applied to a reservation.

Length-of-stay restrictions, Additional guest fees, Dynamic Pricing, and Packages can all be incorporated into a Rate Table. Many of these elements can be configured across multiple layers of rate components.

The Rate Hierarchy determines which validation criteria and rate rules apply to a reservation when multiple rate layers are involved.

The Copy function within Rate Tables allows users to streamline the setup of new rates by duplicating all configurations from an existing table. Only a new Rate Table Description needs to be entered, but rate specifics can be edited if required.

Guide

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

1. Select 'Rates'.
2. Select 'Rate Table'.
   
    
3. Select an existing Rate Table.
4. Select 'Copy'.
   
    
5. Enter a new Description.
6. Select 'Copy/Exit'.