Overview
The rates screen allows users to control costs/prices that are associated to the service. Unlike supplier services that have specific start and end dates, the supplier rates screen allows users to add multiple rate periods. This gives users the ability to control the cost/price depending on the book and departure dates.
The structure of suppliers, services and rates would look something like the below.
Similar to Supplier Services, users can access the supplier rates by using either the tab options, by selecting the navigation icon or by using the right click option.
Rates Overview
Defining the Fields
Date and Rate Period Management:
Similar to supplier services, users have the ability control both the departure dates on the supplier rates as well as the book dates. This type of flexibility allows users to enter different rate periods depending on the contract with the supplier.
For example, a supplier may provide a customer a contract with different rate periods for travel during the summer months as well as over the holiday period. The system gives users the opportunity to enter multiple dates as well as enter multiple rate periods.
Users do not need to manually key in the different rate periods. Instead, users can right click and copy as new the original rate which will automatically generate the rate periods.
Entering Costs and Prices
Users can enter the supplier costs or supplier prices in the rates screen. After users access the supplier rates screen from supplier services, the desigs will automatically pull over.
If costs are entered in the supplier rates, when that service is priced through reservations, a mark-up is also applied which is pulled from the pricing profile.
If a price is entered into the supplier rates, then no mark-up is applied. The values entered into the supplier rates screen are calculated as per person/per night.
If users are adding values to the child rates under the supplier rates screen, then the child ages must also be accounted for.
Example
In the screen shot below, children that are age 2 and under are at $0.00 cost. Children that range from 3-12 are $20.00 per person per night. Children that range from 13-15 are $40.00 per person per night.
Note: If a desig is entered into the Supplier Services screen, but there is no rate entered into the Supplier Rates screen, the service may still be priced when shop through reservations. If this is the case and no rates are entered, the service will be priced as "free". Users need to make sure that they are entering all rates into this screen if desigs are created.
Free with Adult
If loaded as a single number, that number indicates the number of free children when booked with at least one adult. If loaded as a comma-separated list, indicates the index of free children in a room.
Example
"2" - First two children are free
"1" - First child is free
"0,2" - Second child is free. First child pays child rate, children after the second one pay child rate
"2,3" - Second and third child are free. First child pays child rate, children after the third one pay child rate
Comments and Message/Cost Code
When entering rates, users can enter special “comments." These are typically additional notes about the rate that is being entered and is for internal notes only.
The message/cost codes are intended for packages/tours.
If there are any supplier promotions or discounted rates that apply to the supplier, when the contract is delivered to the operator for packages and tours, those discounts and promotions are already included in the rates.
When users enter these rates into the supplier rates screen, they can enter the message/cost code so that when any reservation is booked during that time period and is receiving that discounted rate, it is reported to the supplier accordingly.
Note:
There is also an opportunity to add discounted rates under the Supplier Promotions screen.
Week Days
Similar to the supplier services screen, users can control the days of the week the rate is applicable for, the applicable arrival day, as well as the days of the week passengers must stay over in order to receive the rate.
For example, if a rate is only applicable for Fridays, Saturdays and Sunday, users can either enter a numerical value or they can select Monday– Sunday in the drop down.
If passengers are required to stay over Saturday and Sunday to receive the rate, users can either enter a numerical value.
Lastly, if the first day of arrival for the passengers must be a Monday, users can either enter a numerical value or select the day of the week from the drop down.
Passenger Ranges
Users can enter passenger ranges under the Pax Range field. This option defines the valid passenger range that the rates are valid for. Entering the range from 11-15 on a service rate level instructs the system that the specific rate is valid for anywhere between 11 to 15 passengers. If no range is entered, the rate will be valid for any number of passengers. This functionality is typically used for groups and tours; however, passenger rangers and rates can also be controlled under “product management."
Commission Values
The Softrip system provides users with the ability to set commission values in a variety of areas. These commission values are applicable when paying commissions to customers (travel agents).
The areas in Softrip where commission values can be controlled are Marketing Commissions, Product Pricing Profiles and Product Supplier Rates. The lowest commission value will be applied if multiple commission values exist.
Example
Softrip travel agency has a commission value set to 15% for all services under Marketing Commissions.
The Las Vegas hotel list has a 12% Max commission value applied to the pricing profile.
The Standard room under the Harry’s Hotel in Las Vegas has a 5% max commission value set under Supplier Rates.
If Softrip Travel Agency creates a booking for the Harry’s Hotel in Las Vegas for a Standard room, the commission value on that line item will be 5%.
If Softrip Travel Agency creates a booking for Harrys’ Hotel in Las Vegas for a Suite room, the commission value on that line item will be 12%.
If Softrip Travel Agency creates a booking for a destination that is not Las Vegas, the commission value will be 15% for all services on the booking.
Additional Fees
In addition to entering supplier costs or prices, users have the capability to enter additional values such as fees per night and taxes per night that will be added when items are priced and bookings are created.
One Time Fee Per Room
Applicable to hotel services only. When the service is calculated for the entire stay, the value entered here will be added as a one time fee to the entire price. Users also have the option to add a one time fee per room to the cost and to the price by entering 3/5 ($3 for cost, $5 for price).
One Time Fee Per Person
Applicable to hotel services only. When computing the price for the entire stay, a one time per person fee will be added to the entire price. Similar to the one time fee per room, users have the option to add additional values to the cost and price by entering the format 4/8 ($4 for cost, $5 for price).
Fees Per Night
Applicable to hotel services only. The fee per night will be calculated after the markup value is applied from the product pricing profiles.
Users have a few input options in order to control the pricing output.
Example
Enter 15 to add $15 to the price only.
Enter 15/20 to add $15 to the cost, $20 to the price.
Enter PR15 only if the service is set to price as per person and the fee is a nightly rate.
Setting PR15 ensures that even though the service is set to per person, $15 is applied to the nightly price.
Taxes Per Night
A yes or no value only, will tax the per night fee, pulling the tax value entered under the cost and price tax rates.
Cost and Price Tax Rate Formulas
Below is an overview of how the formulas users will use to enter the cost and price tax rates.
Cost Tax Rate/Price Tax Rate Fields
Tax may be entered as a formula to be computed from the cost field or can be entered as a total amount.
Example
Users can enter 15% to indicate that the cost tax rate is 15% of the cost value. Users can also combine a percentage value with a whole number. For example, 15 indicates $15 tax, 15% indicates 15% of the cost, 15%+10 indicates 15% of the cost + $10.
This will is used to calculate the tax on the gross cost. If users want the formula to calculate from the Net cost, enter “N” before the formula.
Example
N15% to calculate 15% tax from the net cost value.
If users want the tax added to the cost field under Supplier Rates, enter C=C+[TaxFormula] to add the calculated tax to the cost. Ex: C=C+7% calculates 7% on the cost and adds it to all cost fields.
Note: The same formula can be used for both the Cost Tax Rate field and the Price Tax Rate fields.