Category:Fixed Prices: Difference between revisions

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=='''Daily Prices'''==
=='''Daily Prices'''==


Daily prices are simple per room prices for one date.They can be used for simple pricing structures or to override rates on individual dates. For more information have a look [[Room_Daily_Price|here]] for more information.
Daily Prices are prices for one date. Have a look [[Room_Daily_Price|here]] for more information.


=='''Rates'''==
=='''Rates'''==


A rate has a start and end date so it applies to a range of dates. To set a complex structure go to '''RATES'''. Multiple rates and discounts may be defined for each room.  
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 to RATES A combination of daily 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.  
*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 the rate changing "'''Strategy'''" to  "Do not allow lower prices"  
*You can override this setting the rate changing "'''Strategy'''" to  "Do not allow lower prices"  


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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.
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.