This option allows you to Change Room Differential Formulas on Revenue Control.
Where to update?
Login> Go to Setting >Availability & Rates> Revenue Control
1. Click on the Formula tab
2. Child Rates are derived from Master Rate, using Formula applied.
3. Formulas need to be applied for All Child Room types.
4. Properties have the ability to apply different formulas for weekdays and weekends.
5. Weekend days is based on days marked as Weekend in “Weekend Marker” setup (Setup>Profile>Weekend Marker).
6. If your weekday and weekend rates are the same, your weekend formula will be x 1 + 0 (Example: multiplier = 1, surcharge =0).
7. Weekday Formula is calculated from Master Room Rates/Season Setup.
8. Weekend Formula is calculated from Weekday Rate.
9. Once you have added formula for both Weekdays/Weekends>Save>Next.