Offsets
In an evaluation, G3 RMS picks the Recommended Rate for guest rooms from the price range that you set up in the Ceiling/Floor tab. The system calculates the recommended rate for the Base Room Type of each Room Class. In the Offsets tab, you define how much the recommended rate for non-Base Room Types differs from the recommended rate of the Base Room Type. G3 RMS uses offsets only for Room Class, not for Run-of-House, evaluations.
See examples in Calculations for the Group Recommended Rate below.
What Help Do You Need With Offsets?
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I need to view the steps to set up Offsets.
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I want to learn about the best practices for how to use Offsets.
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I need to see scenarios for how G3 RMS uses Offsets to calculate the Final Price.
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I need an overview on how to share my price strategy with G3 RMS in Pricing Configuration.
- My property uses per room pricing and varies the extra child charge by age group. Before I define offsets, I need to set up Occupant Grouping.
Note: For independent products, you define Offsets separately from the primary priced product Offsets.
Setup Steps
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- Click
, then Decisions, and then Pricing.
- Click
, then Decisions, and then Group Pricing Configuration.
- Click the Offsets tab.
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- For each room type in a Room Class, select an Offset Method:
- Fixed: G3 RMS adds the offset value to the Base Room Type price.
- Percentage: G3 RMS calculates the offset as a percentage of the Base Room Type price.
- Enter the offset value for each room type and day of the week:
- Enter the offset value in the first field. The value populates each day of the week.
For any room type that you want to price equally to the Base Room Type, leave the default fixed offset with a 0.00 value. If you do not enter any offsets, G3 RMS prices all room types in a Room Class the same. - Press the Tab key to navigate to each day of the week to edit each value, if needed.
- Enter the offset value in the first field. The value populates each day of the week.
- Click Save.
- Review that your setup is correct. If necessary, click the Export to Excel
icon and review on a spreadsheet.
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Use the upload option if you have a complex setup with many seasons, or you manage pricing data for multiple properties in one place, or both.
- Click Export to Excel
to download the template with the current values.
Note: Importing replaces the old values and you can't recover them. - Save the workbook to a location on your computer.
- Add the new values or change existing values as needed.
For details on entering the data, use the Upload Instructions tab in the Excel file. - Save the modified workbook in an XLSX format.
- Click upload
. A warning message displays, click Yes to continue.
- Navigate to and select the saved workbook, then click Open.
G3 RMS checks the workbook for data and formatting errors. If the system finds no errors, it displays the imported data. If it finds errors, it cancels the import and tells you which rows have errors. Click the export iconto export the error list. Correct the errors, then re-import the workbook.
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An optional season overrides the default Offsets. For example, during your high demand season, you want higher offsets than for the rest of the year.
- In the Seasons pane, click Add
.
- Add a Name. You can refer to this name later if you need to copy a season to create another.
- Enter or select the Start Date for the season. The Start Date must be greater than or equal to the System Date.
- Enter or select the End Date for the season. The End Date can be any future date and is not limited by the forecast window.
- Enter the offset value for any room type and day of the week that differs from the defaults. Leave those fields empty that are the same as the default. You can also Copy From the values of an existing season or the default.
- Enter the offset values in the first field. The value populates each day of the week.
For any room type that you want to price equally to the Base Room Type, leave the default fixed offset with a 0.00 value. If you do not enter any offsets, G3 RMS prices all room types in a Room Class the same. - Press the Tab key to navigate to each day of the week to edit each value, if needed.
- Enter the offset values in the first field. The value populates each day of the week.
- Click Apply.
- Repeat the steps to add additional seasons, as needed.
- Click Save.
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If you add seasons that lead to overlapping dates, G3 RMS follows these rules:
- If you add a new season in the middle of an existing season, G3 RMS splits the existing season into two seasons, one before the new season and one after the new season. These two have the values of the original season. The new season has the new values.
- If you add a new season that partially overlaps (later start date, same end date as existing season), two seasons result. The new season and its values apply to the overlapping dates.
- If you add a new season that includes all the dates of an existing season, the new season takes over and its values replace those of the existing season.
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- Enter a new offset value for the required room type and day of the week. If you have many room types, use the Room Class Search to jump to the one that you want to change.
- Click Save.
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- If necessary, change the selected checkboxes to view only
Present or
Future seasons.
- Click Edit
for the season that you want to edit.
- Change the Season Name, if needed.
- Enter or select a new Start Date for the season, if needed. To be changed, the Start Date must be greater than or equal to the System Date.
- Enter or select a new End Date for the season, if needed. The End Date can be any future date and is not limited by the forecast window.
- Enter new offset values for the required room type and day of the week.
- Click Apply.
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You can completely delete a future season (with a Start Date after the System Date). When you delete a current season, G3 RMS splits the season and deletes only future dates. You can't delete past seasons. G3 RMS deletes past seasons based on the data retention policy.
- Click
, then Decisions, and then Pricing.
- Click
, then Decisions, and then Group Pricing Configuration.
- Click Offsets.
- Click Delete
for the season that you want to delete.
- Click OK.
- Click Save.
Best Practices
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In the offset setup example below, the group recommended rate for the STD-King and STD-Lakeview King room types are offset from the Base Room Type rate in the same Room Class:
Room Type | Offset Values | Group Recommended Rate |
---|---|---|
STD-Double ![]() |
Not Applicable | 200 |
STD-King | Fixed Offset = 25 single | 225 |
STD-Lakeview King | Fixed Offset = 50 single | 250 |
If you don't include the Base Room Type in a group evaluation, the group's recommended rate uses the offsets for the included room types. In the following example, the Base Room Type (STD-Double) isn't selected, but the other room types in the Room Class (STD-King and STD-Lakeview King) are included:
Room Type | Offset Values | Number of Group Rooms Requested | Group Recommended Rate |
---|---|---|---|
STD-Double ![]() |
Not Applicable | Not requested | 350 (not used) |
STD-King | Fixed Offset = 25 single | 20 | 375 |
STD-Lakeview King | Fixed Offset = 50 single | 10 | 400 |