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In this video tutorial, you will learn how to create a block and allocate rooms on the room and rate grid in Opera Cloud. To get started, go to bookings, select blocks, and then manage block. Create a new block by linking a company account and entering company details. Choose the market, source, and reservation type for the block. Update the default block name and complete the required fields. This will allow you to successfully create a block and allocate rooms on the grid.