Changing rates for the new year

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Q: How do I change the upcoming year's rates, without affecting this past years rates?

 

The best (safest) way is to duplicate each rate that's changing, and set the Season Dates of each one appropriately.  This way you have one set of rates for this year and another set for next year.  This is better than just changing the old rate definitions because it will keep an auto-calculation from affecting old reservations, particularly long-term stays.

 

In Rates Setup, select each rate definition that will change (you can use Ctrl-click to select many at once), and click "Copy Selected Rates".  Now Edit each rate definition -- in each of the old rates, put the old range like "1/1/16 to 12/31/16" in the Season Dates Applicable field.  In each of the new rates, put "1/1/17 to 12/31/17" (and change the "Each" amount of the Charge, etc.).

 

Note that this will make the new rates apply according to the Reservation's dates (dates of stay), regardless of when they made the reservation.  If instead you want to apply the new rates according to when they MAKE the reservation (e.g. existing reservations get the old rate, but anyone calling after a certain date gets the new rate), then a different method is needed.  See the article on Grandfathering rates (newsletter 39).

 


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