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    Last Minute Rate Type

    Setup a Last Minute Rate Type in RMS.

    Steps Required

    Have your System Administrator complete the following:

    1. Go to Charts > Rate Manager in RMS.
    2. Select 'Rates'.
    3. Select 'Rate Types'.
    4. Select 'Add'.
    5. Enter a Code.
    6. Select a Rate Structure.
    7. Enter the Rate Type Description.
    8. Enter a Rate Charge Description.
    9. Enter the Last Minute Lead Time.
    10. Enter a Long Description.
    11. Select a Cancellation Policy.
    12. Select the Rate Availability.
    13. Optional: Enter Length of Stay Restrictions.
    14. Save/Exit.
    15. Select the Rate Type Access and choose 'Apply'.

    Info

    The Rate Type is the charge description or charge type that identifies a particular set of pricing.   

    The Last Minute option can be used to setup a lead time of availability for a Rate Type. 

    The lead time set will determine how far in advance from the arrival date the Rate Type will become available and can be used to setup promotional offers only available a limited time prior to the arrival date of a reservation. 

    Setup a Rate Period, Rate Table and Rate Lookup to make this Rate Type available for selection on a reservation or use the New Rate Wizard.

    Visual Guide

    Go to Charts > Rate Manager in RMS.

    Select 'Rates'.

    Select 'Rate Types'.

    Select 'Add' to create a new Rate Type.

    Enter a Code.

    Select a Rate Structure.

    Enter the Rate Type Description.

    Enter a Rate Charge Description.

    Enter the Last Minute Lead Time.

    Enter a Long Description.

    Select a Cancellation Policy.

    Select the Rate Availability.

    Optional: Enter Length of Stay Restrictions.

    Select 'Save/Exit' to store the changes made.

    Select the Rate Type Access and choose 'Apply'.

    Setup a Rate Period, Rate Table and Rate Lookup to make this Rate Type available for selection on a reservation or use the New Rate Wizard.


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