Type |
Description |
Standalone Rate |
Applying the Standalone rate calculation method will specify the rate as the currency amount you want to sell the rate at, with no other dynamics applied for calculation. |
Based on - Adding or Subtracting and Amount |
Applying a Based on Amount rate calculation method will add or subtract a currency amount that is based on the amount of another rate. For instance, you can subtract an amount from your Best Available rate, or add an amount based on your lowest promotional rate. Note: This form of Based on calculation should only be applied to Standalone rates. |
Based on a Percentage of Another Rate |
Applying a Based on a Percentage rate calculation method will add or subtract a percentage of another rate. For instance, you can discount a percentage of your Best Available rate, or increase a percentage of your lowest promotional rate. Note: This form of Based on calculation should only be applied to Standalone rates. |
Based on a Percentage of Another Rate, Excluding Extras |
Applying a Based on a Percentage rate calculation method will add or subtract a percentage of another rate, but exclude extras, such as Extra Adult or Children, from the rate calculation. For instance, you can discount a percentage of your Best Available rate, or increase a percentage of your lowest promotional rate. Note: This form of Based on calculation should only be applied to Standalone rates. |
Best Available Rate (BAR) |
Note: This calculation method is no longer used; use Best Available Rate from List. |
Dynamic Best Available Rate (DBAR) |
Note: This calculation is no longer used; use Dynamic Best Available Rate from List. |
Rate Index |
The Rate Index calculation method allows you to set-up parameters to return rates based on specific search or stay criteria. For example: • Length of Stay • Advance Booking • Arrival Date • Occupancy • Stay Pattern • Room Type Availability |
Best Available Rate from List |
The Best Available Rate (BAR) from List calculation method will allow you to select rates and add them to a list in order for them to be available for BAR calculation. Once set-up, the BAR functionality will look for the lowest available rate across the entire requested stay from one rate. |
Dynamic Best Available Rate from List |
The Dynamic Best Available Rate (DBAR) calculation method will allow you to select rates and add them to a list in order for them to be available for DBAR calculation. Once set-up, the DBAR functionality will look for the best available rate for each night in a requested stay from multiple rates. |
Based on a Bar, DBar, or Rate Index rate adding or subtracting an amount |
Once you have set-up your BAR, DBAR, or Rate Index parent rate, you can use Based on a Bar, DBar, or Rate Index rate adding or subtracting an amount calculation method to apply to the child rates of your BAR, DBAR, or Index rate. Note: This form of based on calculation should only be applied to the on/off amount methods for BAR from list, DBAR from list, and Rate Index. |
Based on a percentage of another Bar, DBar, or Rate Index |
Now that you have set-up your BAR, DBAR, or Rate Index parent rate, you can use Based on a percentage of another Bar, DBar, or Rate Index rate calculation method to apply to the child rates. |
Folder |
Used to create a group of rates that can be used for other rate calculations. |