Concessions are important to consider when considering a rate for group business. grouprev has the functionality to consider concessions in the quote. This session shows how to add concessions to a quote as part of the “Get Quote” process. See what concessions are available for inclusion and how to add them.
Once group basic information has been loaded or entered, you may also want to include Concession information to add even more detail. On the main Group Information screen, the link to add these is on the right side below the Non Room Revenue grid, see “+ Add Concessions.”
Concessions available in grouprev are:
- Comp rooms> 1 per X
- Staff Rooms Nights> # of Staff Rooms Nights and % Discount for those rooms
- Nightly Rebate> Rebate per Night
- Master Account Rebate> % Rebate to Master Account
- Commission> % Commission
Once you have entered concessions, the link changes to “+ Edit Concessions” showing your additions have been added and you can click here to update them as needed.
Once entered concessions will be factored into the optimal rate quote.
Would you like to continue diving into grouprev? Check out our learning series below.