How to Create a Rate in the Rate Wizard

Updated on Oct 22, 2024

Creating a new rate in the Rate Wizard is a multi-step process. This article describes the sequence of these steps with videos and screenshots.

Table of Contents:

STEP #1 Create a New Rate Plan

🎦 How to Create a New Rate Plan in Rate Wizard

In the Rate Wizard

Select the + symbol button
In the Create/Update Rate window, complete the following fields:
- Category
- Rate Name
- Rate Code
Enable at least one of the following Distribution Channels:
- Direct Hotel, CRS, Hotel Website, or GDS
Select the applicable Market Segment in the drop-down menu
Type a Description for the rate plan
Select the Create button

🎦 How to Setup a New Rate Template

In the Rate Wizard

Select the Rate Plan
Select the Next button
In the General tab of the Rate Name window, disable the Lock the Grid checkbox
Enter price increments into the cells in the Rate Template
Select the Update Rate Template button

🎦 How to Load Rate Prices

For an existing rate plan, the following steps can also be used to change or update Rate Prices.

In the Rate Wizard

Select the Rate Plan
Select the Next button
In the General tab of the Rate Name window, enter the base rate into the Single, Double, Triple, and Quad fields of the Base Rate Row; the rate prices will appear in the Rate Template below the Base Rate Row
Enter the applicable date range into the Date From and Date To fields
Enable the Update Rate Amounts checkbox
Select the Save button

Repeat steps 3-6 above for each additional date range

🎦 How to Attach a Client Type to a Rate Plan

In the Rate Wizard

Select the Rate Plan
Select the Edit button (Pen & Paper symbol)
In the Create/Update Rate window, select the Client Type tab
Click the swivel arrow next to each distribution channel to expand a list of client types; select at least each one client type per distribution channel
Select the Update button