Configure Room Pricing

You can configure the pricing for a room on the Room dialog Pricing tab. You can also configure the room, and then configure the pricing later on the Edit Pricing window.

You can also configure the room price at the time that you are configuring the room on the Room dialog (see Configure Rooms), or when you configure rate schedules.

Configure the pricing for a room on the Edit Pricing window:

On the EMS Desktop Client menu bar, click Configuration > Facilities > Rooms.
The Rooms window opens.
In Building, select the Building, Area, or View that contains the rooms that you are pricing.
Select a Room and click Pricing.
The Edit Pricing window opens.
In Rate Schedule, select the rate schedule.
You can leave the Room Type set to the default value of (all), and then click Display to display a list of all active rooms for all room types that have been configured in your EMS database. In Room Type, you can select a specific room type, and then click Display for a list of all active rooms of the selected room type.
For each room, select the pricing method, which determines the cost for reserving the room.

Pricing Method	Description
Half Day/Full Day (Event Time)	The total number of hours for the event is counted and then compared to the number of hours in the Hours column. If the total number of hours for the event is less than or equal to the hours in the Hours column, then the Half Day price is charged for the room. If the total number of hours for the event is greater than the hours in the Hours column, then the Full Day price is charged for the room.
Half Day/Full Day (Reserved Time)	The total number of hours for the reservation (event time and reserved time) is counted and then compared to the number of hours in the Hours column. If the total number of hours for the reservation is less than or equal to the hours in the Hours column, then the Half Day price is charged for the room. If the total number of hours for the reservation is greater than the hours in the Hours column, then the Full Day price is charged for the room.
Hourly (Event Time)	The price in the Price column is multiplied by the event time (in hours) for the booking. This price can be used in conjunction with an initial “flat” fee, and minimum and maximum fees.
Hourly (Reserved Time)	The price in the Price column is multiplied by the reserved time (in hours) for the booking. This price can be used in conjunction with an initial “flat” fee, and minimum and maximum fees.
Hourly (Service Time)	The price in the Price column is multiplied by the reserved time (in hours) for the service (resource). This price can be used in conjunction with an initial “flat” fee, and minimum and maximum fees.
Hourly (Specific)	The price in the Price column is multiplied by the number of hours when adding the room to a booking.
Unit	The price in the Price column is applied to the room, regardless of the event time or reserved time for the booking.

After you select a pricing method, click in fields to select the displayed amount, and then edit the amount.

Field	Description
Price	The dollar amount used to calculate the room price for a booking. If the pricing method is Unit, then this value is applied in total to a room, regardless of the event time or reserved time for the booking.
Discount	You can use a discount with any pricing method. If you specify a discount for a room, then the actual price, the discount percentage, and the discounted amount displays on confirmations and invoices.
Min. Charge Max. Charge	The values in these columns are used in conjunction with the Hourly pricing methods. If you specify a minimum charge for a room, then the system compares this value to the calculated hourly rate and applies the greater of the two charges. If you specify a maximum charge for a room, then the system compares this value to the calculated hourly rate and applies the lesser of the two charges.
Flat Price	A resource price that remains constant regardless of the total number of hours booked for the room. Used in conjunction with Hourly (Event Time) and Hourly (Reserved Time).
Half Day Price	The dollar amount used to calculate the room price for a booking if the pricing unit is Half Day/Full Day (Event Time) or Half Day/Full Day (Reservation Time).
Full Day Price	The dollar amount used to calculate the room price for a booking if the pricing unit is Half Day/Full Day (Event Time) or Half Day/Full Day (Reservation Time).
Hours	Multiplier used to calculate the room price for a booking if the pricing unit is Half Day/Full Day (Event Time) or Half Day/Full Day (Reservation Time).

Repeat above steps for each rate schedule and/or grouping.
Click Close.