Tag Archive: venue rates


We love giving customers flexibility over how they charge clients for use of their rooms and spaces.

MIDAS already allows specifying different “room rates” for different days of the week, and for different lengths and types of bookings. In addition, venues can be charged “per booking”, “per hour” or “per day”.

For more information on setting venue rates, please see our short video tutorial:

For our upcoming v4.19 release, we’re introducing a new “per person” venue rate:

Per Person Venue Rate

When a venue rate is set to “per person”, the charge for hire of the venue will be determined by the number of attendees for the given booking.

For example, if you set a “per person” venue rate of $5, and you then add a booking with 10 attendees, the total charge for hire of that venue would be 10 x $5 = $50.

You’ll still also be able to setup different rate types for different lengths of bookings too – allowing you to, for instance, charge a reduced rate for lengthier bookings.

Click here to continue reading about some of the other new & improved features coming in MIDAS v4.19!

MIDAS v4.19 is coming soon! To be notified when it becomes publicly available, please join our mailing list, or to be among the very first to try the v4.19 “Beta”, why not join the Beta Test? (We reward our Beta testers too!)

We’re introducing even more flexibility when it comes to setting your venue rates in MIDAS v4.06!

Currently, you can already setup hourly/daily rates for each of your rooms, and have different rates depending upon the day of the week.

In MIDAS v4.06, we’ve extended this to also allow you to define rates based upon the length of the booking as well!

For example, you can now setup a venue’s rates so that bookings lasting say less than 4 hours could be charged and invoiced at a higher rate than those lasting more than 4 hours.

You can also now define rates as “per booking” as well as “per hour” and “per day”. The new “per booking” option charges a fixed set amount for bookings.

Flexible Venue Rates

So, as per the above screenshot, let’s say you define the following rates for “Meeting Room 1”:

  • $100 per hour for bookings lasting 1+ hours
  • $80 per hour for bookings lasting 4+ hours
  • $450 per booking for bookings lasting 6+ hours

Bookings for “Meeting Room 1” would then be charged as follows:

Length of Booking Total Charge
1h $100 ($100 x 1)
2h $200 ($100 x 2)
3h $300 ($100 x 3)
4h $320 ($80 x 4)
5h $400 ($80 x 5)
6h $450 ($450)
7h $450 ($450)
8h $450 ($450)

We believe this additional flexibility when it comes to charging and invoicing for use of your venues will be great benefit to our customers. Of course, for those who don’t require this level of flexibility, MIDAS can be simply set to charge a single rate for “all bookings”:

Flexible Venue Rates