What Are Cap Rate Rules?
For rate plans defined with flat amounts, you use cap rate rules to limit the increase and decrease of the amounts.
A cap rate rule consists of a minimum and maximum amount.
By default, a cap rate rule applies to all the room types included in the rate plan but you can restrict it to specific room types.
If a cap rate rule exists and the amount in a rate plan is updated, the old and new amounts are checked against the rule.
If the new amount exceeds the limit set in the rule, the updater receives an error message and the update is not performed.
If the new amount is within the cap rate range, the amount is updated. In addition, an email notification of the update is sent to the addresses defined as part of the brand or property configuration.
How Do Cap Rate Rules Work?