A derived rate is a rate that's automatically calculated from a base rate you set — for example, a walk-in rate that's always $30 less than your standard rate. Instead of updating every rate individually, you update the base rate and Preno recalculates the derived rates that depend on it.
Before you start
Set up a standard or rack rate against the room type first — a derived rate needs a base rate to derive from.
Setting up a derived rate
Go to the Rates tab in Preno.
Click Configure rate.
Select Add another rate.
In the window that opens, click Derived.
Enter a name in the Rate name field.
Select the base rate to derive from in the Derive from rate dropdown.
Choose the adjustment type (increase or decrease, by amount or percentage) and enter the value.
Set the minimum nights — either Inherit from base rate, or a different value for this rate.
Click Submit to save.
Editing a derived rate's rules
Click the derived rate from the Rates page (selected from the main menu) you want to adjust.
Click Advanced edit, then Edit derived rate rules.
Make your changes.
Click Submit.
Overwriting a derived rate for specific dates
Once a derived rate exists, you can set a custom value for particular dates without changing the rule itself — useful for one-off periods like a long weekend. Changing the base rate later won't overwrite a custom value you've set this way.
For example, if your walk-in rate is normally $170/night (standard rate minus $30), you could set it to $240/night for a long weekend without affecting any other date.
Click the derived rate you want to adjust.
Click Advanced edit, then Edit rate amount ($).
Set the Date range and choose the days the rate should apply to.
Enter the custom value in the Rate ($) field.
Click Submit to save.
To undo a custom value, click Reset under that date so it reverts to the derived rate.
