This page is about the menu PRICES > DAILY PRICE RULES and PRICES  (in the old control panel  (SETTINGS)  > PROPERTIES > ROOMS > DAILY PRICES)

1 Summary

2 Limitations

• You can set up to 16 Daily Prices per room prices. First you set up Daily Price Rules. The actual prices are then entered in PRICES > DAILY PRICES or in the CALENDAR where you can quickly adjust them, if required on a daily basis.
• Daily prices for past dates are automatically deleted. If you need daily prices for reference you can download them to a .csv file via our API.
• If linked prices are used for channel management only the price for room for which the price was set up will instantly update to the channels. All linked rooms will update with the next routine update but you have the option to push them manually if you require an instant update.

Use Fixed Prices instead of Daily Prices:

• to fill gaps when a minimum stay is required
• if you want to allow guest to enquire when no price can be found but the room is not fully booked
• for referrer discounts

3 Rules for Daily Prices

This setup wizard guides you through the setup.

Go to PRICES > DAILY PRICE RULES.

Click on "Edit".

The name you enter will be displayed in the CALENDAR. You can set the "Price For" the "Minimum Stay".

3.1 "Extra Person" and "Extra Child" prices (optional)

A zero value disables the extra person function.

There are two options to set an extra person/extra child price by specifying either a positive or negative value:

a) A positive value will be applied to each additional guest above the "Price For" setting for the daily price. The Daily Price will be available up to the number of guests the room settings allow.

i.e. Three people booking a Daily Price set for two people will be charged one extra person price. One person booking will pay the two person price.

b) A negative value will be deducted for each guest less than the "Price For" setting for the Daily Price. The Daily Price will not be available for more than the Daily Price "Price For" value.

i.e. One person booking a Daily Price set for two people will receive one extra person discount. Three people cannot book this Daily Price.

If you need a Daily Price for Extra Person price, but do not want to charge for Children, then set the Extra Child price to 0.01. Go to (SETTINGS) PROPERTIES > DESCRIPTION -> PRICE ROUNDING select -0.10 from the list. This will remove the extra children price from the calculation

Tip Extra Person Price can be sent to the channels that accept Extra Person Prices.

There are limitations for channel management which are different for each channel. Channels do not accept children prices. Please see the channel help page for information if/how extra person prices can send.

3.2 Offers

"Offer 1" is your standard offer to the guest which is always displayed. Only set "Offer" to 2, 3, 4 if you have activated additional offers.

3.3 Linking

Daily prices can be linked so changing a price in one Daily Price will update all the Daily Prices linked to it. The linking can be within the same room or between rooms and between properties.

When linked, the price cannot be entered directly, it will always be imported from the linked Daily Price.

Daily prices can only be linked to non linked Daily Prices, i.e. you cannot create a link to a linked Daily Price.

Linking only imports the prices, the Daily Price will still use it's own rules for number of people, minimum stay, channels etc.

Linked Daily Prices set in (SETTINGS) -> PROPERTIES -> ROOMS -> DEPENDENCIES can not be sent to the Channels, you need to have an independent Daily Price if you need to send to an OTA.

A percentage or fixed offset amount can be specified for the imported price.

Examples:

• Offset amount = 0 will apply the original price.
• Offset amount = 10 will increase the original price by 10.
• Offset amount = -10 will lower the original price by 10.
• Offset percent = 0 will apply the original price.
• Offset percent = 10 will increase the original price by 10%.
• Offset percent = -10 will lower the original price by 10%.

3.4 Activate for booking page and/or channels

You need to define where a Daily Price is used. If you do not tick at least one tick box the Daily Price is inactive and not available in the CALENDAR.

If you have multiple rates at the Channel, ensure you 'map' the appropriate Channel Rate id/plan.

3.5 Color

You can apply your custom color. The default color is #4aa41c

3.6 Enter Prices

The prices are entered in the in DAILY PRICES or in the CALENDAR.

4 Add additional Daily Prices Rules

Go to PRICES->DAILY PRICE RULES and click "Add New Daily Price Rule" button. The prices themselves are then entered in DAILY PRICES or in the CALENDAR.

4.1 Additional restrictions

• In the CALENDAR you can limit the days on which check-in and/or check-out are allowed. You can also set minimum stays if these vary by season.
• A "Same Day Booking Cut off" can be set in (SETTINGS) ->PROPERTIES-> BOOKING RULES.

4.2 Delete Daily Prices

Daily Prices which are not required can be deleted.

Unlink any linked daily prices before deleting.

5 Combination of Fixed Prices and Daily Prices

You can use

• Only Daily Prices
• Only Fixed Prices
• A combination of Daily Prices and Fixed Prices.

If you use a combination of Daily Prices and Fixed Prices a Daily Price can adjust the prices for an individual date or date range.

The "Strategy" for your Daily Prices abd Fixed Prices will determine which will be used. By default the system will offer the lowest price which meets all the Daily Price and Fixed Prices rules. You can define a price strategy for Daily Orices in (SETTINGS) -> BOOKING RULES. Under "Daily Price Strategy" you can set if Daily Prices can be undercut by Fixed Prices ("Allow Lower Prices") or cannot be undercut by Fixed Prices ("Do Not Allow Lower Prices") or you do not allow any other prices than Daily Prices.

If you have Daily Prices for different occupancies this setting needs to be set to "Allow lower prices".

Rules in Fixed Prices have no effect on Daily Prices.

5.1 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 under "Enable" in the Daily Price settings.

See this help page for specific information on how to set prices for OTA channels.

6 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.

6.1 Voucher Codes and Upsell Items

Voucher codes and upsell items can be enabled or disabled from applying when this price is booked.