Rates & inventory Live

The rate agreed is the rate carried

The price on the booking is the price the night is posted at. The desk may name it until the guest leaves; after that a change is a note, not an edit.

A rate is agreed on the phone, on the booking page, or on the OTA, and then the guest stays. Nothing between those two moments should change the number without a person deciding to. So the rate on a booking is carried, night by night, into the postings exactly as agreed, and the season being re-priced afterwards does not touch a stay already taken.

Who may name the price

The desk may name the price on a booking, within its ceiling, until the guest leaves — a walk-in negotiated at the counter, a regular who is always given the same number.
A discount is a decision with a name on it: a percentage or an amount, a reason from the hotel's own list, the login that gave it.
An OTA's price arrives with the booking and is not rewritten by hand — the channel is the authority on what it sold.

What the night audit posts

Each night is posted at the rate on the booking for that night, with its slab, as an itemised line on the folio. The revenue report reads those lines; so does the ledger; so does the return.

More on Rates & inventory

Rate plans and seasonsA hotel keeps its own plans — room-only, breakfast, half board, full board — each saying what it includes, priced by season, and read by every screen that quotes. Every plan is priced on one formRoom-only, breakfast, half board and full board for every room type across a date range — set in one press, not twelve. Derived ratesThe tariff is one number and the gaps: type the display rate, the room gap and the meal gap, and every plan on every type is derived — with the OTA promotion on top. A room is priced by who sleeps in itSingle, double, triple, the extra bed, the child under six and the child under twelve — the quote reads the occupancy, and the channel receives the same table. RestrictionsMinimum stay, closed to arrival, stop sell, a closed date — written once, shown above the chart, and pushed to every channel. The GST slabThe slab follows the tariff by law. The system reads the rate on the night and applies the slab in force — and a channel price that says tax zero is a price with the tax inside it. Rooms and room typesA hotel keeps its own inventory — types, real room numbers, floors, how each is made up — and changes it after go-live without raising a ticket. How many rooms are left each nightThirty nights down the page with the sold, the blocked and the free — for the person deciding whether to open the rate. The rate is recommended with its reasons, and a person says yesEvery night of every room type scored every hour against what is on the books — occupancy against the hotel's own booking curve, pickup, last rooms, need dates, events — and a price proposed with the reasons in words. Approve writes it and the channel is told the same minute. Off by default; no autopilot.