[[Category:Prices]]
<div class="heading">Rates</div> ''This page is about the menu PRICES > RATES''
You can set almost unlimited rate and discount combinations. __TOC__
=Functionality=Rates have a start and end date so they apply to a range of dates. Rates contain many rules about the conditions which must apply to make them available. To create a rate go <span style="color: #f3e504; font-size: 250%;" >{{#fas:lightbulb}} </span> [[:category:Daily_Prices|Daily Prices]] are easier to manage if you have seasonal prices, many price options or want to RATES. A combination of daily use dynamic prices and rates can be used for more complex pricing structures.
*When multiple rates exist for a given date the system default will calculate and offer the lowest price that matches your criteria.
*You can override this setting in the rate by changing "'''Strategy'''" to "Do not allow lower prices or shorter stays"
When creating multiple rates, you would generally set your highest price to always be available and create discounted price rates for longer stays, specific days of the week or date ranges as you require. This way you can create sophisticated rate models.
The ''PRICE CHECKER TOOL'' in '''RATES''' lets you see which rate applies to a certain booking situation.
===Create a Rate===
To add a new rate, click on the button ''ADD RATE'' (there is a limit of 100 rates per room type, if you need more than this, daily prices may be a better way to define your prices)
A popup with five several tabs "Summary" "Rooms" "Discounts" "Upsell" and "Channels" opens.
<embedvideo service="youtube">https://youtu.be/-Q8j5la_71U</embedvideo>
==== Summary ====
You can set:
*'''Name''' - For your rate (this will not display on your booking page)
*'''Check-out Allowed''' - This sets the days that a booking may end on (vacate day). This functions in a similar manner to the start allowed night but for the vacate day. If you allow departures on any day of the week please make sure all check boxes are checked. This rate will only be offered when the vacate day falls on a checked day.
====Rooms, Offers and Linking====
Select the room the rate applies to. You have the option to "link" a rate. This is a simple way to create rates for multiple rooms if they are similar to the originating rate. An "offset" raises or lowers the linked rate.
Your default offer which is always shown in "Offer 1" only change the offer number if you have activated additional offers.
==== Discounts ====
For information on discount option please go to [[Discounts|Discounts]].
====Upsell ====
Optional Upsell items can be enabled/disabled for individual rates. When a booking is made only those optional Upsell items enabled for any rate involved in the booking will be offered to the guest.
Note: These discounts are not sent to channels.
===Copy a Rate===
If you want to use the same rate for another room click on ''SAVE AS A COPY''
===Changing Rates===
Click on the rate you want to change and enter your changes.
You can delete a rate setting and add new ones. You may re-use old rates that are still in the system by changing their start and end dates.
=== Bulk Changes===
To bulk delete a number of rates rates Click on the 'User' icon on the top right and then on 'Account Management (in the old control panel SUB ACCOUNT in the top right) then click on "Manage Account" then "Manage Property" then "Manage Room".
=Prices for OTA channels and your own booking page=Prices are used for the channels and/or the Beds24 booking page according to what is ticked in the "Channels" tab of a rate. See [[Setting_Prices_for_Booking_Channels|this help page]] for specific information on how to set prices for OTA channels. =Check Prices=The 'Price Check Tool' shows you which prices and rules apply for specific dates/selections and why a certain price or rule was applied or not applied. You can find links to the 'Price Check Tool' on the RATES, CALENDAR and SUPPORT pages. = Combination of Rates and Daily Prices =If you use rates you do not need to set up Daily Prices for every day. If required you can use a Daily Price to adjust the prices for an individual date or date range. If you are using Daily Prices and Rates you can define your price strategy in SETTINGS -> BOOKING RULES click on "Daily Price Strategy" to open and select if your daily prices can be undercut by rates ("Default") or cannot be undercut by rates ("Do Not Allow Lower Prices"). = Booking Channels ==
If you use the Channel Manager, tick the booking channels the rate applies to.
If you are using the Channel Manager you can set which channels the rate applies to. The rate will only be offered to the channels which are checked. This allows you to set different rates for different booking channels.
== Customise display in the CALENDAR ==
*In the "Summary" tab of the booking you can set a color for each rate.
*In SETTINGS->ACCOUNT->PREFERENCES you can set if the only the name is displayed in the calendar or the name and the prices.
-Bookings from your own booking page the "offer summary" from SETTINGS-> BOOKING PAGE- > ROOM CONTENT -> OFFER 1 / OFFER 2 / OFFER 3 / OFFER 4
-Bookings from OTAs the rate description the channel sends
== Combination of Rates and Daily Prices ==
If you use rates you do not need to set up Daily Prices for every day. If required you can use a Daily Price to adjust the prices for an individual date or date range.
If you are using Daily Prices and Rates you can define your price strategy in SETTINGS -> BOOKING RULES click on "Daily Price Strategy" to open and select if your daily prices can be undercut by rates ("Default") or cannot be undercut by rates ("Do Not Allow Lower Prices").
==Prices for OTA channels and your own booking page==
Prices are used for the channels and/or the Beds24 booking page according to what is ticked in the "Channels" tab of a rate.
See [[Setting_Prices_for_Booking_Channels|this help page]] for specific information on how to set prices for OTA channels.
==Check Prices==
The 'Price Check Tool' shows you which prices and rules apply for specific dates/selections and why a certain price or rule was applied or not applied. You can find links to the 'Price Check Tool' on the RATES, CALENDAR and SUPPORT pages.