Overview: Volume contracts
A volume contract is a discounted guestroom rate that a property offers a company if the company agrees to buy a set number of rooms over a specified date range. For example, an airline agrees to buy 500 rooms for its employees over the course of a year. They must consume 200 rooms in the first quarter, and 100 rooms in each remaining quarter. Once a quarter is complete, you can enter the actual consumption, or pickup, for the volume contract.
You can view all the volume contracts for an account and a contact. Two Volume Contracts sections are available for each object. One section is available for traditional accounts and contacts and the other is for accounts and contacts that act as agencies or agents.
A volume contract is a private record by default. This means only the contract owner can edit all its details, including adding notes and attachments and creating volume contract periods. Other users at the property can only clone the volume contract and add new activities. They cannot modify the contract details or any of its associated records where they are not the owner.
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Create volume contract periods automatically
Create volume contract periods manually
Manage volume contract periods