Display Cumulative Calculation of Room Revenue When Creating Reservations

Stay is enhanced to display the cumulative calculation of room revenue (room rate + tax) for the entire duration of a reservation in the Book Reservation screen and in the Estimated Charges section of the Book a Reservation pop-up screen when users create reservations using monthly rate plans.

Previously, the cumulative room revenue was calculated and displayed only in the Estimated Charges section of the created reservation.

This feature is not applicable for reservations created using package and daily rate plans.

Feature Setting

The following feature setting must be enabled to use this feature:

• Name: Post Accumulated Revenue

• Value: Must be enabled

• Comments: License is not required

When the feature setting is enabled, users can enable the Post Monthly flag on the Details section for the preferred rate plans. When enabled, the room revenue for the reservations created using the monthly rate plan is posted cumulatively.

The room revenue is calculated cumulatively and displayed in the Book a Reservation under the rate plan for the selected arrival and departure dates and in the Estimated Charges section of the Book a Reservation pop-up screen.

The following are the various scenarios for which the room revenue is calculated cumulatively:

• When the duration of the reservations falls within the same month, the room revenue configured in the monthly rate plan used for the arrival date of the reservation is posted on the arrival date after the reservation is checked in, and for the remaining nights, the room revenue is displayed as $0.

• When the duration of the reservations extends to subsequent months, the room revenue for the first month is posted on the arrival date of the reservation and for the subsequent months, the room revenue is posted on the first day of the month based on the rates configured in the monthly rate plan for the arrival date and the first day of the subsequent month.

• When reservations are created using both monthly and daily rate plans, the room revenue is posted cumulatively for the dates for which monthly rate plan was used and posted daily for the dates for which daily rate plan was used.