Creating and Deriving Rates in Vertical Booking

Creating Rates

Navigate to Avail and Rates > Products – Rates > Products (Rate Types) > Click Add a new product:

Insert information to build the rate and click Add, then back to rate types:

If the rate should be displayed as a special offer or package, indicate this and fill in the Operative Parameters:

Finally assign policies, or save withthe default policies:

Click on the D next to the Rate to derive:

Reference Product: Choose the parent/base rate

Increase/decrease by flat dollar amount based on occupancy

Add or subtract a percentage from the parent/base rate

Modify prices both by a discount and percentage for each pricing level in the system.

With this functionality, a property can set multiple derivation levels for each occupancy level

Always save your changes!

The derivation on previously derived rates can be adjusted by clicking on the green D next to the rate:

Simply adjust the derivation and click save to apply the change.

*The system allows for up to 5 levels of derivation

**Cloning Rates makes the rate save most of the settings from the parent rate and can help save time

Please reach out to the support team with any questions