Default rate currency Sets the default currency for the rate plans Only loaded and active currencies can be selected from the list

On the Default Rate Settings, the first column will show the Room Type. The second Column shows, per Room Type, the mapped Rate plans. Of the mapping needs to be changed, that is done on the Room-Rate Mapping page and cannot be done here.

Availability Checkbox that will set the availability to ‘Auto’ When checked, availability is on auto and thus all rooms for the specified Room Type will be available for the mapped Rate Plan(s)
Availability amount If availability is not on auto, the amount of available rooms is set here Number of rooms of the specified Room Type is set that will be available for the mapped Rate Plan(s)
Price Sets the default Price for the Room-Rate Combination This price is used for the initial loading of the rate. Also used for adding new days to the rates and availability calendar
Min LOS Sets the default Minimum Length of Stay value for the Room-Rate Combination This value is used for the initial loading or the rate. Also used for adding new days to the rates and availability calendar
Max LOS Sets the default Maximum Length of Stay value for the Room-Rate Combination This value is used for the initial loading or the rate. Also used for adding new days to the rates and availability calendar
Stop Sell Sets the value for the Stop Sell to Yes or No If Stop Sell is ‘Yes’, the Rate Plans will be loaded with Stop Sell active. This applies to the initial loading and for adding new days tot the Rates and Availability Calendar
Master Rate? Checkbox that will set the Rate Plan to Master Rate for the Room Type If checked, the Rate Plan will be the Master Rate and Rate Plans marked as Derived will be calculated with this Rate Plan as the basis
Derived from Master Rate? Checkbox that will set the Rate Plan to be derived from the Master Rate Only available when a Master Rate has been selected. If checked, the Rate Plan will be adjusted with the Master Rate as it’s basis
Calculation Sets the Calculation method for the derived rate Only selectable on Rate Plans marked as Derived from Master Rate. Options are Add / Subtract / Add % / Subtract %
Amount Sets the Amount that needs to be calculated Can be an Amount or Percentage. The PMS will use the amount to adjust the price for the Rate Plan with the price of the Master Rate as basis
Calculation (2) Sets the Calculation method for the derived rate Only selectable on Rate Plans marked as Derived from Master Rate. Options are Add / Subtract / Add % / Subtract %
Amount (2) Sets the Amount that needs to be calculated Can be an Amount or Percentage. The PMS will use the amount to adjust the price for the Rate Plan with the price of the first Calculation

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