There are three types of Rate Plans in eZee Reservation & eZee Centrix
1) Independent:- It means the rate plans are managed independently. This will update different rates for both Booking Engine & Channel Manager
2) Master:- It means the rate plans are managed as the major ones. This will share the same rates for both the Booking Engine & Channel Manager.
3) Derived:- It's a dependent rate plan of Parents rate plans and Parent Rate Plan has to be Master to manage rates for child rate plans. It follows the Master (Main) Rate Plan. It acts as the child Rate Plan. Rates have to be linear rates (Same difference for the Rates). With the help of this rate, the plan hotelier has to update rates on Master Rate Plans and according to the factor, rates will get changed for another Rate Plan.
EXAMPLE:- I have a Deluxe Room which has rates of Rs. 1500 and another Room type is Super Deluxe Room which has rates Rs. 2000.
Now, In this case, I will create Deluxe Room as Independent where I will add Rack Rate as 1500.00 then for Standard Double Room I will select Rate plan as Derived where I will select Master Rate Plan as Deluxe Room and then I will add addition factor of 500 to take rates 2000 for Standard Double Room. [Refer the screenshot as per the steps]
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