InnLink: GDS Rate Update Reminder

InnLink provides us with some important information that we would like to share with you.

2015 is right around the corner, and now is the time to load your rates related to your InnLink GDS account in RESmatrix. The rate management area of RESmatrix allows properties to manage rates for its room types across its main channels of electronic distribution. There are two types of rate management, Seasonal rates and Tier rates. The configuration of Seasonal or Tier rates is determined based on each properties needs during the Implementation process.

How do you know if your property is set-up with Seasonal Rates vs. Tier Rates? Select Rate Management from the right hand navigation list. If you see the “Season Rate” option then your property is configured for Season Rates. If you see the “Tier Rate” option then your property is configured for Tier Rates. Once you have determined your properties configuration, follow the appropriate instructions below to create or modify your rates.

Tier Rates

There are four steps to creating and publishing rates within RESmatrix. Within each of these steps, the rates can be created to meet the need of

  1. Create the Rate Code
  2. Create the Rate Tier
  3. Apply the Rate Code to the Rate Tier
  4. Apply the Rate Tier to the Rate Calendar

Seasonal Rates

Allows for the creation of rate plans to which multiple rate codes can be assigned. Season rates are applied by date to a rate plan-room type, meaning that rate values are the same and in effect for the dates specified for all rate codes associated to that rate plan.

  1. Create the Rate Code
  2. Create the Season for the Rate Code

If you need assistance loading rates, please do not hesitate to contact InnLink Customer Service at 800-525-8564.

Sincerely,
RezStream Team