How to add Virtual Rates
The Virtual Rates module allows you to create discounts and markups for the selected Room Rate. This is a great tool to set up various discounts or markups in different conditions.
Here is how to add Virtual Rates:
- In the menu on the left, select the Room Rates module and go to the Virtual Rates tab.
- In the upper right corner, click on the "Add virtual rate" button.
- Enter the name of the virtual rate in the Name field. Select the room rate from the drop-down list on which the virtual rate will be based, and select the sources to which the virtual rate should be applied.
- Click on the “Add condition” button and select the type:
- Direct - the condition is applied for the entire period;
- Booking nights - the specified conditions depend on the number of booking nights.
- Set conditions for the selected type of Booking Nights: select a condition from the drop-down list, indicate the number of nights. Using the toggle button, select the type of discount or markup in percentage or a fixed amount and specify the amount. When choosing the fixed type, the system also applies the condition for each night of the stay period.
- Setting the conditions of the Direct type: By toggling, you should specify the type of discount or markup as percent or fixed, and then enter the corresponding amount or figure.
- Click on the “Save” button.
Important: To create a discount, indicate a minus, and to create a markup, indicate +. To add additional conditions of this type, click on the “+” button, and to delete a condition, click on the “-” button.
Important: pay attention to the OR and AND conditions. The Direct and Booking Nights types of virtual rates can act together, in this case, the conditions are added together. Among the conditions in the Booking Nights type, only one of the conditions applies. The system automatically checks the first condition and then the rest.
For any extra explanations, please reach out to our support.
