Creating a Rate Plan in HMS Infor PMS

Step 1: Log In and Create a New Rate Plan

1. Log in to your HMS Infor PMS account.

2. Navigate to ‘Rate and Sales’ → ‘Pricing’ → ‘Standard Rate Plans’.

3. Complete the required information in the Rate Plan Details:

   • Code: Enter the Rate Plan Code.
   • Rate Plan Name: Enter the name of the rate plan.
   • Market Segment: Select the appropriate market segment.
   • Status: Choose between Active or Inactive.

4. Save the rate plan by clicking the Save icon on the top left of the Rate Plan Details page.

   Example:

   • Code: PKGOVS
   • Rate Plan Name: Overseas Travel Package
   • Market Segment: PACK
   • Status: Active

Step 2: Create Room Rates

1. Navigate to ‘Rate and Sales’ → ‘Pricing’ → ‘Room Rates’.

2. Under Rate Configuration, select ‘New Property Rate’.

   • A window will pop up displaying all the Rate Plans.
   • Click ‘Add’ on the appropriate Rate Plan name that needs to be built (e.g., PKGOVS for Overseas Travel Package).

3. The interface will move to Rate Plan Details. Complete the fields based on the requirements of the Rate Plan you want to build.

   Example for a Package Rate Plan named ‘Overseas Travel Package’:

   1. Rate Category: Package Rates
   2. Room Charge: Room Charge (excluding tax and fee)
   3. Resort Fee: Guest Amenity Fee
   4. Rate Basis: Adjust Baseline Rate
   5. Baseline Rate Plan: BASE - BASE RATE PLAN
   6. Decrease Rates by: 0%
   7. Commissionable: Unchecked
   8. Yieldable: Checked
   9. Allow Rates Overrides: Checked

4. After completing the fields, click ‘Activate’ to make the Rate Plan active.

5. Click ‘Add to Preset Sales Strategy’.

6. Ensure there are no Available Rate Plans and Room Types under the two left fields.

   • If there are any Rate Plans/Room Types on the left fields, select them and click ‘Add‘ to move them to the right fields.

7. Finish the Rate Plan setup by selecting ‘Update’.