Hybrid Rates – roommaster

What is a Hybrid Rate?

A hybrid rate acts like a normal rate until it’s not available. If the rate is unavailable, it automatically switches to a derived rate. This feature ensures you always have a backup pricing option for guests.

Steps to Create a Hybrid Rate

Go to Rate Management
- Open your system and navigate to Setup > Rates Management.
- Click on Insert to create a new rate code.

Enter Rate Code Details
- Choose a code for the hybrid rate.
- Decide if the rate should be non-commissionable and if it should be hidden on your sign-in sheet or availability screen.
Set Rate Type
- Mark this rate as a Hybrid Rate.
- Select a standalone rate code to derive from.
Adjust Pricing
- Optionally, you can set a discount. For example, apply a 10% discount if the hybrid rate is unavailable.
Mirror Restrictions
- Choose to mirror restrictions and closures from the derived rate.

Create Seasons/Rate Records
- Click Insert to link the rate record to your hybrid rate.
- Select the room type.
- Set the dates this rate will be available for.
- Enter the rate amount.
- Save the rate.

How It Works

When a guest makes a reservation during the specified dates (Nov 11 to Nov 15), the rate will be $100. If the reservation falls outside these dates, the system will automatically use the derived rate with the adjustment set in the TSTH rate setup.