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In principle, there are 3 types of rate codes and none is better or worse than the other one:
1. Pax-based rate code: The room component in this rate code is based on no of guests.
2. Room-based rate code: The room component in this rate code is room based
3. Package rate code; This : This rate code should have room components and extra beds only, there should not be any BDI in this rate code.
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Accommodation | Base Pax | BDI | BDI Price incl tax 12% & SC 10% | Room Component 12% & SC 10% | Selling Price | Pax Formula Step (12) |
---|---|---|---|---|---|---|
Deluxe | 2 | Breakfast 250 p/p | 500 | 5300 | 5800 | none |
Family Suite | 4 | Breakfast 250 p/p | 1000 | 4900 | 5900 | none |
JR Suite | 2 | Breakfast 250 p/p | 500 | 6000 | 6500 | none |
Presidential Suite | 2 | Breakfast 250 p/p | 500 | 7500 | 8000 | none |
EXAMPLE B: By pax-based room rate
Accommodation | Base Pax | BDI | BDI Price incl tax 12% & SC 10% | Room Component 12% & SC 10% | Selling Price | Pax Formula | |||||
---|---|---|---|---|---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | 6 | ||||||
Deluxe | 2 | Breakfast 250 p/p | 250 | 5300 | 0 | 5550 | 5800 | 6050 | 6300 | n/a | n/a |
Family Suite | 4 | Breakfast 250 p/p | 1000 | 4900 | 0 | 5150 | 5400 | 5650 | 5900 | 6150 | 6400 |
JR Suite | 2 | Breakfast 250 p/p | 500 | 6000 | 0 | 6250 | 6500 | 6750 | 7000 | 7250 | n/a |
Presidential Suite | 2 | Breakfast 250 p/p | 500 | 7500 | 0 | 7750 | 8000 | 8250 | n/a | n/a | n/a |
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The purpose of the formula shows that it is important to include all relevant BDI’s even if the revenue allocation is zero. Multiple BDI's can be applied to a rate code but date ranges for the same BDI's cannot be overlapping
EXAMPLE A: Pax Pax-based rate code: The room component in this rate code is no of guest based.
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Existing BDI's are shown on the left, if the BDI formula that you want or the extra bed doesn't exist yet, you may add a new one by clicking "add new formula".
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If you want to add a new occupancy formula click the "add new formula" button. A new box will populate. Give it a recognizable name. Enter the value of each accommodation for each percentage or amount.
This can be a minus or a plus. Click "add formula" then Submit when done.
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